3650 Mainline Dr Ne Salem, OR 97301
Acre of level ground with existing structures and development potential.
Property Features for 3650 Mainline Dr Ne
General Information
- Standard status
- Active
- Size
- 7,246 SF
- Lot size
- 1.00 Acre
Listing office EXP REALTY, LLC (503) 382-7860
Listing date Jul 1, 2025
Source Exprealty
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Investment Insights
Based on property information with market context.
Key Highlights
- Acre of clear, level ground with gravel and asphalt pavement.
- Convenient central location with easy access to Interstate 5.
- Favorable environmental studies completed, ensuring readiness for development.
Local Financial Insights For Retail
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 | $130.4k | $18.00 |
| − Vacancy | −$5.9k | −$0.81 |
| EGI | $124.6k | $17.19 |
| − OpEx | −$37.4k | −$5.16 |
| NOI | $87.2k | $12.03 |
Alternative Uses
Property Analytics
Current Use by Public Records
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