3643-3647 Candlewood Ct NE, Keizer, OR 97303
Fully occupied industrial building with three units and strong capitalization.
- Added:
- Feb 23, 2026
- Days on Market:
- 134
- Last Refresh:
- Jul 4 at 10:44 am
Property Features for 3643-3647 Candlewood Ct NE
General Information
- Standard status
- Active
- Size
- 4,097 SF
- Lot size
- 0.12 Acres
- Property subtype
- Industrial
Listing office Tradition Real Estate Partners
Listing date Feb 23, 2026
Source Crexi
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 Tradition Real Estate Partners
HighLights
- Strong 5.99% capitalization rate based on a $55,488 Net Operating Income (NOI).
- Fully occupied commercial space, providing immediate income.
- Three functional units, each with a drive‑in bay door, warehouse area, and mezzanine office.
- Located in the Industrial General (IG) zone.
- Convenient access to the Parkway and I‑5.
- Low‑maintenance property on a 0.12‑acre lot.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.0k | $22.20 |
| − Vacancy | −$24.2k | −$5.91 |
| EGI | $66.8k | $16.29 |
| − OpEx | −$16.7k | −$4.07 |
| NOI | $50.1k | $12.22 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Elegant Catering — 3185 Broadway St NE, Salem, OR 97303
- Mayrene's Catering — 2025 Carleton Way NE, Salem, OR 97301
Location Insight
- Map
- Local Demand
- City
- Keizer
- County
- Marion
- State
- Oregon
- Longitude
- -123.016953
- Latitude
- 44.978249
