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    1707 Lansing Ave NE Salem, OR 97301

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    For Sale
    $1,000,000

    3,392 SF medical office building with ample parking.

    Property size:
    3,392 SF
    Lot size:
    0.27 Acres

    Property Features for 1707 Lansing Ave NE

    General Information

    Size
    3,392 SF
    Lot size
    0.27 Acres

    Source: First Commercial Real Estate Agent Ruth Dana

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

    Overview

    Medical Office Building For Sale

    This 3,392 square foot medical office building was built for and is currently occupied by a chiropractic office. The building features multiple private offices, including a separate billing office and reception/waiting area. The second level is currently used as a break area that also includes a private office. The second floor has been previously used as living quarters, which the Mixed Use zoning allows for. There are 17 parking spaces in front of the building, including one ADA space, with an adjoining second lot providing 16 additional parking spaces. The property is located in Salem, OR.
    Insight Report Location Intelligence

    Current Use by Public Records

    Myoride Fitness Exercise Equipment Store Peter Lind Chiropractic Chiropractor Dr. Christopher Stevenson Chiropractor Healthy Back Chiropractic Chiropractor Tracy Brogoitti Massage Therapist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Vetco Total Care Animal Hospital, Hovenden, Chris DVM, Petco Vaccination Clinic, Maccarthy Susan A DVM, Titus Zoe DVM

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.9980652
    Latitude
    44.9508949

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    FAQs

    What type of property is this?
    Medical office - 3,392 SF medical office building with ample parking.
    Where is this medical office located?
    The property is located at 1707 Lansing Ave NE Salem, OR.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - Abundant parking with 33 spaces, including ADA.; - Mixed Use III zoning offers potential to convert the second floor into living quarters.; - Currently a medical office featuring multiple private offices, billing office, and reception/waiting area.
    (503) 364-7400
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    1707 Lansing Ave NE Salem, OR 97301
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    Salem, OR 97301
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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
    1707 Lansing Ave NE Salem, OR 97301
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