Elevator-Served
For Sale
Contact for pricing
3060 Industrial Way NE, Salem, OR 97301
Industrial warehouse with refrigerated storage, substantial loading infrastructure, and elevator service.
Property Size101,537 SF
Price / SF$132.96
Days on Market52
Property Features for 3060 Industrial Way NE
General Information
Standard status
Active
Size
101,537 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
32 ft
Office Build-Out
5,744 SF
Dock-High Doors
15
Drive-In Doors
3
Rail Access
Yes
Power
3,000 amps
Voltage
480 V
Cold Storage
Yes
Freezer
355 SF
Cooler
3,325 SF
Amenities
Elevator Served
Building Details
Building Size
101,537 SF
Listing Agency:
Macadam Forbes
(503) 227-2500
Listed By:
Brett Bayne · License ##940700089
(503) 972-7280
Source:
Moodyscre
Added: Sep 2
Changed: Oct 13
Last Checked: Oct 21 at 12:13AM
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 Macadam Forbes
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Investment Insights
Based on property information with market context.
This 101,537 SF warehouse at 3060 Industrial Way NE includes 5,744 SF of upstairs office space, approximately 3,325 SF of cooler area, and approximately 355 SF of freezer space. Clear heights range from 20 feet to 32 feet, and the building is elevator served.
Loading infrastructure includes 15 dock doors, 12 equipped with pit levelers, along with 3 grade-level doors. The property also has a Union Pacific Railroad rail spur and electrical service comprising 3000 amps at 480v and 2000 amps at 208v. Located in Salem, Oregon, the facility combines warehouse, office, refrigerated, freezer, rail, and truck-loading components in one industrial property.
Loading infrastructure includes 15 dock doors, 12 equipped with pit levelers, along with 3 grade-level doors. The property also has a Union Pacific Railroad rail spur and electrical service comprising 3000 amps at 480v and 2000 amps at 208v. Located in Salem, Oregon, the facility combines warehouse, office, refrigerated, freezer, rail, and truck-loading components in one industrial property.
Key Highlights
- 101,537 SF warehouse with 5,744 SF of upstairs office space
- Approximately 3,325 SF cooler and approximately 355 SF freezer
- Clear heights range from 20’ – 32’
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,082,283
Cap Rate
8.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,645,660
$21.6M
Cap Rate 7%
$15,461,186
$15.5M
Cap Rate 9%
$12,025,367
$12.0M
Market Conditions
NOI Build-Up for 101,537 SF
Gross rent
$1.34M $13.20/SF
− Vacancy
−$67.0K −$0.66/SF
EGI
$1.27M $12.54/SF
− OpEx
−$191.0K −$1.88/SF
NOI
$1.08M $10.66/SF
Area
Salem, OR
Vacancy
5.00%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$21,645,660
Cap Rate 7%
$15,461,186
Cap Rate 9%
$12,025,367
Alternative Uses
Best Use
Warehouse
$15.46M
$13.53M – $18.04M
NOI $1,082,283 @ 7.0% cap · market cap 8.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$26.96M
$23.59M – $31.45M
NOI $1,887,126 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Current Use
Lease Details
32 ft
Clear height
15
Dock-high doors
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
626
Businesses Nearby
Well-served
Demand for This Use
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Business Placement
Demographics for 97301, OR
56,393
Population
21,419
Households
2.6
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
11.3 sq mi
ZIP Area
4,991
Density / Sq Mi
$57,497
Median Household Income
$33,220
Median Earnings
$1,197
Median Rent
$310,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Silverton RV and Boat Storage — 1725 silverton rd ne, salem, or 97301
- Storage Facility — 2680 Cherry Ave NE, Salem, OR 97301, United States
- AM-PM Movers — 2680 cherry ave ne, salem, or 97301
- Cherry Avenue Storage — 2680 Cherry Ave NE, Salem, OR 97301
- Transpacific Food Inc — 1440 Salem Industrial Dr NE, Salem, OR 97301
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial warehouse with refrigerated storage, substantial loading infrastructure, and elevator service.
Where is this warehouse located?
The property is located at 3060 Industrial Way NE Salem, OR.
What is the asking price?
The asking price for this property is $13,500,000.
What are key features of this property?
This property features: 101,537 SF warehouse with 5,744 SF of upstairs office space; Approximately 3,325 SF cooler and approximately 355 SF freezer; Clear heights range from 20’ – 32’
