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    2475 Lancaster Dr NE Salem, OR 97305

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    For Lease
    $1.50 SF/Yr ($723 /Mo)

    Professionally maintained office park with move-in ready suites.

    Property size:
    5,787 SF
    Lot size:
    1.07 Acres

    Property Features for 2475 Lancaster Dr NE

    General Information

    Size
    5,787 SF
    Lot size
    1.07 Acres

    Source: Mosar Commercial Properties Agent Mike Mosar

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

    Overview

    Lancaster Drive Office Space Available

    Located in the thriving Lancaster corridor in Southeast Salem, Village East Office Park is a professionally maintained and beautifully landscaped office campus with easy access and ample on-site parking. This sought-after office park currently has multiple move-in ready suites available with various floor plans. The tenant mix includes State agencies, non-profit organizations, medical services, and computer schooling.
    Insight Report Location Intelligence

    Current Use by Public Records

    Edison Electricians of Salem Electrician Cora Slowikowski - State ... Insurance Agency Morse Polygraph Services Private Investigator Vicki J. O'Dea, ... Physical Therapist Brighten Restoration Water Damage Restoration Service

    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
    -122.9842234
    Latitude
    44.9587641

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    FAQs

    What type of property is this?
    Office space - Professionally maintained office park with move-in ready suites.
    Where is this office space located?
    The property is located at 2475 Lancaster Dr NE Salem, OR.
    What is the lease rate?
    The lease rate is $1.50 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready suites available with various floor plans.; - Professionally maintained and beautifully landscaped office campus.; - Located in the thriving Lancaster corridor in Southeast Salem.
    (971) 273-7670
    Request Owner's contact information
    2475 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
    2475 Lancaster Dr NE Salem, OR 97305
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