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High-Profile Commercial Site in Keizer

4200 River Rd N, Keizer, OR 97303

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For Sale

$2,000,000

0.80-acre commercial site with dual access and high traffic count.

Type:Retail

Property size:

8,840 SF

Lot size:

0.80 Acres

Price / SF:

$226/SF

HighLights

High‑profile commercial site at a signalized intersection with unmatched visibility.
Dual frontage with excellent access from two streets (River Road N and Cherry Avenue NE).
CMU (Commercial Mixed Use) zoning allows for versatile retail, office, or redevelopment options.
High traffic count of 27,921 vehicles per day on River Road.
Seller may consider owner‑carry transaction for a well‑qualified buyer.
Located in a supply‑constrained submarket near major retail hubs like Keizer Station.

We can help!

Contact an agent

Nick Williams, CCIM

For Sale

$2,000,000

0.80-acre commercial site with dual access and high traffic count.

Type:Retail

Property size:

8,840 SF

Lot size:

0.80 Acres

Price / SF:

$226/SF

Added:: Jan 26, 2026
Days on Market:: 152
Last Refresh:: Apr 5 at 8:33 pm

Property Features for 4200 River Rd N

General Information

Standard status: Active
Size: 8,840 SF
Lot size: 0.80 Acres
Property subtype: Retail

Building Details

Year Built: 1947

We can help!

Contact an agent

Nick Williams, CCIM

Listing office Capacity Commercial Group

Listing date Jan 26, 2026

Source Corfac

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

HighLights

High‑profile commercial site at a signalized intersection with unmatched visibility.
Dual frontage with excellent access from two streets (River Road N and Cherry Avenue NE).
CMU (Commercial Mixed Use) zoning allows for versatile retail, office, or redevelopment options.
High traffic count of 27,921 vehicles per day on River Road.
Seller may consider owner‑carry transaction for a well‑qualified buyer.
Located in a supply‑constrained submarket near major retail hubs like Keizer Station.

Overview

This 0.80-acre commercial site is located at the signalized intersection of River Road N and Manbrin Dr NE. The property features dual frontage and access from both streets, offering visibility. The site is zoned CMU (Commercial Mixed Use), making it versatile for retail, office, or redevelopment. It currently features an 8,840 SF restaurant building, JC’s Pizzaria, with on-site parking exceeding minimum code requirements. The corner lot benefits from traffic counts of 27,921 vehicles per day on River Road and is surrounded by commercial, residential, and institutional uses. The property is near Keizer Station and has visibility along the city's main arterial. The restaurant shall remain operational until Q3 2025. The transaction is for real estate only, and the business is not for sale.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$285.4k	$32.28
− Vacancy	−$91.3k	−$10.33
EGI	$194.0k	$21.95
− OpEx	−$48.5k	−$5.49
NOI	$145.5k	$16.46

8,840 SF · lease $32.28/SF/yr · vacancy 32.00% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$2.08M

$1.82M – $2.43M (±1% cap)

NOI $145,531 @ 7.0% cap · market cap 7.28%

Second Best

Retail

$1.52M

$1.33M – $1.78M (±1% cap)

NOI $106,594 @ 7.0% cap · market cap 5.33%

Theoretical Best

—

same as Best Use

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

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Location Insight

Map
Local Demand

City: Keizer
County: Marion
State: Oregon
Longitude: -123.026
Latitude: 44.9865

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For sale
Restaurants
OR
Keizer
97303
4200 River Rd N

What type of property is this?

Restaurant - 0.80-acre commercial site with dual access and high traffic count.

Where is this restaurant located?

The property is located at 4200 River Rd N Keizer, OR.

What is the asking price?

The asking price for this property is $2,000,000.

What are key features of this property?

This property features: High‑profile commercial site at a signalized intersection with unmatched visibility.; Dual frontage with excellent access from two streets (River Road N and Cherry Avenue NE).; CMU (Commercial Mixed Use) zoning allows for versatile retail, office, or redevelopment options.