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    525 Taggart Dr Salem, OR 97304

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    For Lease
    $28 SF/Yr ($2,139 /Mo)

    Walgreens-anchored shopping center with high traffic and multiple access.

    Property size:
    917 SF
    Lot size:
    4.70 Acres

    Property Features for 525 Taggart Dr

    General Information

    Size
    917 SF
    Lot size
    4.70 Acres

    Source: First Commercial Real Estate Agent Jennifer Martin

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

    Overview

    Retail Space in Salem Center

    This Walgreens-anchored shopping center is located between Taggart Drive and 7th Street, along Wallace Road. The property benefits from multiple access points, providing convenience for customers. With a daily traffic count exceeding 40,000 cars, the location offers retailers significant exposure to the West Salem demographic. The available retail space is 917 square feet.
    Location Intelligence

    Current Use by Public Records

    Dude Donut City Donut Shop NOMAD Consulting Adult Education School Westgate Cleaners Dry Cleaner Academy Mortgage Mortgage Lender Boutique Nails Nail Salon

    Suggested Use

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

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

    Similar Places Nearby

    Liberty Plaza, Oak Hills Shopping Center, Coinstar Kiosk | Bitcoin ATM, Casa de Monica, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0523929
    Latitude
    44.9478209

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    FAQs

    What type of property is this?
    Shopping center - Walgreens-anchored shopping center with high traffic and multiple access.
    Where is this shopping center located?
    The property is located at 525 Taggart Dr Salem, OR.
    What is the lease rate?
    The lease rate is $28 SF/Yr.
    What are key features of this property?
    This property features: - Walgreens-anchored shopping center.; - High traffic location: Over 40,000 cars per day.; - Strategic location between Taggant and 7th along Wallace Road.
    (503) 364-7400
    Request Owner's contact information
    525 Taggart Dr Salem, OR 97304
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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
    525 Taggart Dr Salem, OR 97304
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