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Medical Office Building
For Sale
$1,876,295

5100 River Rd N, Keizer, OR 97303

Leased medical office property with Mixed Use zoning and an occupancy commitment through December 31, 2030.

Property Size4,091 SF
Lot Size0.46 Acres
Price / SF$458.64
Days on Market68

Property Features for 5100 River Rd N

General Information

Standard status Active
Size 4,091 SF
Class B
Lot size 0.46 Acres
Property subtype Office
Zoning Mixed Use
Occupancy 100%

Financials

Asking Price $1,876,295
Cap Rate 6.5%

Building Details

Building Size 4,091 SF
Year Built 1996
Tenancy Single
Listing Agency:
Listed By: Terry Hancock, SIOR
Source: Hancockre
Added: Jun 24 Changed: Aug 29 Last Checked: Aug 29 at 3:52PM

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 Terry Hancock, SIOR

Investment Insights

Based on property information with market context.

This medical office property at 5100 River Rd N in Keizer, Oregon, contains 4,091 SF on a 0.46-acre site. Constructed in 1996, the building has received ongoing improvements from both the landlord and tenant and is currently 100% occupied.

Salem Health occupies the property under a lease running through December 31, 2030, with renewal options. Mixed Use zoning supports its established medical-office profile. The property is offered with a 6.5% cap rate, providing a defined leased occupancy term and an existing healthcare tenancy.

Key Highlights

  • 4,091 SF medical office property on 0.46 acre
  • 100% occupied by Salem Health
  • Lease term runs through December 31, 2030

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Bakery (Bike/Boat/Book/etc) Store Electrical 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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

795
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97303, OR

41,441
Population
15,740
Households
2.6
Avg Household Size
38
Median Age
27%
College-Educated
90%
High-School Grad
24.9 sq mi
ZIP Area
1,664
Density / Sq Mi
$81,057
Median Household Income
$45,034
Median Earnings
$1,361
Median Rent
$396,700
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Similar Off Market Nearby

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  • Kim Girouard, DVM, CVA 4815 River Rd N, Keizer, OR 97303
  • VCA Keizer Veterinary Hospital 4815 River Rd N, Keizer, OR 97303

Frequently Asked Questions

What type of property is this?
Medical Office Space - Leased medical office property with Mixed Use zoning and an occupancy commitment through December 31, 2030.
Where is this medical office space located?
The property is located at 5100 River Rd N Keizer, OR.
What is the asking price?
The asking price for this property is $1,876,295.
What are key features of this property?
This property features: 4,091 SF medical office property on 0.46 acre; 100% occupied by Salem Health; Lease term runs through December 31, 2030
More about this property
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