3923 Old Salem Rd NE, Albany, OR 97321
9-acre industrial site with warehouse and office space for sale.
- Added:
- Nov 25, 2025
- Days on Market:
- 196
- Last Refresh:
- May 8 at 10:49 pm
Property Features for 3923 Old Salem Rd NE
General Information
- Standard status
- Active
- Size
- 16,754 SF
- Property subtype
- Warehouse
Building Details
- Year Built
- 1980
Listing agent Brody Cohen, SIOR (541) 517-9985
Listing office (541) 517-9985
Listing date Nov 25, 2025
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 Brody Cohen, SIOR
HighLights
- 9‑Acre Site (approximately 5.5‑AC Improved) ideal for outdoor storage or trucking
- Strategically located less than one minute from I‑5 on and off ramps
- 16,754 SF Warehouse & Office Space
- Warehouse/Truck Repair Building with Multiple Drive‑Thru Bays
- Excellent Access with Multiple Ingress and Egress Locations
- Available Upon Closing
Overview
Local Financial Insights For Warehouse
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 | $251.3k | $15.00 |
| − Vacancy | −$9.8k | −$0.58 |
| EGI | $241.5k | $14.42 |
| − OpEx | −$36.2k | −$2.16 |
| NOI | $205.3k | $12.25 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Albany
- County
- Linn
- State
- Oregon
- Longitude
- -123.061
- Latitude
- 44.6792
