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Anchored Shopping Center Property
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1915 Lancaster Dr NE, Salem, OR 97305

Established co-tenancy includes Bottle Drop, Verizon, and RAC.

Property Size3,000 SF
Price / SF$1.42
Days on Market37

Property Features for 1915 Lancaster Dr NE

General Information

Standard status Active
Size 3,000 SF
Property subtype Farm/Ranch

Additional Details

Anchor Co-Tenants Bottle Drop, Verizon, RAC

Building Details

Tenancy Multi
Listing Agency: SMI REAL ESTATE
Listed By: ELESA DOLL · License #200708163
Source: Thesanchezteamoregon
Added: Jul 25 Changed: Aug 28 Last Checked: Aug 29 at 11:56AM

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 SMI REAL ESTATE

Investment Insights

Based on property information with market context.

This shopping center property is associated with three named occupants: Bottle Drop, Verizon, and RAC. Their presence provides an established retail setting for the property and identifies the center’s current tenant mix.

The property is located at 1915 Lancaster Dr NE in Salem, Oregon, within the 97305 ZIP code. The source information identifies a property size of 3000, though no unit of measurement is provided.

Key Highlights

  • Anchored by Bottle Drop, Verizon, and RAC
  • Located at 1915 Lancaster Dr NE, Salem, OR 97305
  • Property size listed as 3000

Property Analytics

Current Use

DATT Express Salem ... Shipping Company Estafeta Salem Shipping Company

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Auto Parts Store Law Firm HVAC Service

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

990
Businesses Nearby
Balanced
Demand for This Use

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

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

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  • LanSunny Plaza 1970 Lancaster Dr NE, Salem, OR 97305
  • Village East Shopping Center 2421 Lancaster Dr NE, Salem, OR 97305

Frequently Asked Questions

What type of property is this?
Shopping center - Established co-tenancy includes Bottle Drop, Verizon, and RAC.
Where is this shopping center located?
The property is located at 1915 Lancaster Dr NE Salem, OR.
What are key features of this property?
This property features: Anchored by Bottle Drop, Verizon, and RAC; Located at 1915 Lancaster Dr NE, Salem, OR 97305; Property size listed as 3000
More about this property
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