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    4741 Lancaster Dr NE Salem, OR 97305

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    For Lease
    $1.13 SF/Yr

    3,308 SF flex warehouse with roll-up doors and parking.

    Property size:
    3,308 SF
    Lot size:
    4.30 Acres

    Property Features for 4741 Lancaster Dr NE

    General Information

    Size
    3,308 SF
    Lot size
    4.30 Acres

    Source: Tradition Real Estate Partners Agent AJ Nash

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

    Overview

    Freestanding Flex Warehouse For Rent

    This 3,308 square foot freestanding flex warehouse is available for rent. The property is zoned MU-III and features three roll-up doors. It includes an office area with two restrooms and a shower. Private on-site parking is available. The property offers maximum visibility and exposure and provides easy access to I-5 and Highway 99.
    Insight Report Location Intelligence

    Current Use by Public Records

    Elite Training Mentality Personal Trainer Roadside CrossFit | Salem ... Gym

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.98404
    Latitude
    44.99074

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    FAQs

    What type of property is this?
    Flex space - 3,308 SF flex warehouse with roll-up doors and parking.
    Where is this flex space located?
    The property is located at 4741 Lancaster Dr NE Salem, OR.
    What is the lease rate?
    The lease rate is $1.13 SF/Yr.
    What are key features of this property?
    This property features: - Easy access to I-5 & Hwy 99; - **3,308 SF Freestanding Flex Warehouse**; - MU-III Zoned Property
    (503) 559-9279
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    4741 Lancaster Dr NE Salem, OR 97305
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    Salem, OR 97305
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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
    4741 Lancaster Dr NE Salem, OR 97305
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