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    3950 Hagers Grove Rd SE Salem, OR 97317

    For Lease
    $1.54 SF/Yr ($1,760 /Mo)

    Class A retail building with showroom, dock, and drive-in bays.

    Property size:
    13,720 SF
    Lot size:
    1.08 Acres

    Property Features for 3950 Hagers Grove Rd SE

    General Information

    Size
    13,720 SF
    Lot size
    1.08 Acres

    Source: Hancock Real Estate Agent Terry Hancock

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Retail Building For Lease

    A 13,720 square foot, freestanding Class A retail building is available for lease. The property is located within a bustling neighborhood center and is zoned for Commercial Retail use. The building features an open showroom, one dock, four drive-in bays, and restrooms. The lease rate is $1.54 per square foot on a NNN basis.
    Insight Report Location Intelligence

    Current Use by Public Records

    Kelly's Furniture and Lighting Furniture Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.9810235
    Latitude
    44.9114727

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    FAQs

    What type of property is this?
    Showroom - Class A retail building with showroom, dock, and drive-in bays.
    Where is this showroom located?
    The property is located at 3950 Hagers Grove Rd SE Salem, OR.
    What is the lease rate?
    The lease rate is $1.54 SF/Yr.
    What are key features of this property?
    This property features: - Freestanding Class A retail building.; - Located within a bustling neighborhood center among popular retailers.; - Includes open showroom, one dock, and 4 drive-in bays.
    (503) 370-2581
    Request Owner's contact information
    3950 Hagers Grove Rd SE Salem, OR 97317
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    Salem, OR 97317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3950 Hagers Grove Rd SE Salem, OR 97317
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