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Office Space Near I-5
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4937 Indian School Rd, Salem, OR 97305

Office space in industrial park, close to I-5 and central Salem.

Space Size2,178 SF
Property Size7,006 SF
Days on Market206

Property Features for 4937 Indian School Rd

General Information

Standard status Active
Size 2,178 SF
Class B
Property subtype Office
Lease Term MG

Building Details

Building Size 7,006 SF
Year Built 1980

Spaces For Lease

at 4937 Indian School Rd Contact us

4937 Indian School Rd (A) $1.05/SF/Mo

Size
2,178 SF
Type
Office Building
Term
Negotiable
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Curt Arthur, SIOR · License #201230204
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 20 at 6:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group

Investment Insights

Based on property information with market context.

Space A features 4 hard-walled cubicles and a large open bullpen area, along with two private meeting or conference rooms. The office space includes a shared restroom and on-site parking for tenants. The property is located in a small industrial park near I-5 on Indian School Rd, close to central Salem. The location is surrounded by trees and secluded from traffic. Other tenants in the complex include the corporate headquarters for Roth's Fresh Markets, as well as warehouse and distribution users. The building and property are well-maintained.

Key Highlights

  • Excellent parking and close proximity to I‑5 for convenient commuting and accessibility.
  • Quiet and secluded location surrounded by trees, offering a peaceful work environment.
  • Flexible office space configuration with hard‑walled cubicles, an open bullpen area, and private meeting/conference rooms.

Property Analytics

Current Use

S & M Truck ... Trucking Company

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

213
Businesses Nearby

Demographics for 97305, OR

44,535
Population
15,219
Households
2.9
Avg Household Size
33
Median Age
16%
College-Educated
77%
High-School Grad
47.2 sq mi
ZIP Area
944
Density / Sq Mi
$64,581
Median Household Income
$32,554
Median Earnings
$1,386
Median Rent
$339,100
Median Home Value

Market

Lease Benchmarks for Salem, OR

$25.98 /SF/Yr
Avg Asking Price
$16.2–$54.55 /SF/Yr
Price Range
8,855 SF
Avg Space Size

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office space in industrial park, close to I-5 and central Salem.
Where is this office units located?
The property is located at 4937 Indian School Rd Salem, OR.
What are key features of this property?
This property features: Excellent parking and close proximity to I‑5 for convenient commuting and accessibility.; Quiet and secluded location surrounded by trees, offering a peaceful work environment.; Flexible office space configuration with hard‑walled cubicles, an open bullpen area, and private meeting/conference rooms.
More about this property
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