Industrial Property with Secure
8186 River Rd NE, Keizer, OR 97303
For Sale
Contact for pricing
CC zoning, an occupied warehouse, and separate shop space support a range of commercial and industrial operations.
Property Size14,860 SF
Price / SF$114.40
Days on Market30
Property Features for 8186 River Rd NE
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Fenced Yard
Outdoor Storage
Warehouse & Industrial
Warehouse Space
Voltage
Three-Phase Power
Additional Details
Tenant in Place
Property Use
Building Details
Buildings
Listing Agency:
Tradition Real Estate Partners
Listed By:
AJ Nash · License OR #201208908
(503) 559-9279
Source:
Crexi
Added: Oct 12
Changed: Nov 10
Last Checked: Nov 10 at 7:43AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This industrial property includes approximately 14,860 SF of improvements: two 4,000 SF warehouses, a 6,000 SF shop, and a 1,320 SF caretaker residence. One warehouse is leased, while the other is available for lease. Both warehouses have 480 V 3-phase power. A fully fenced outdoor yard provides space for equipment, vehicles, materials, and storage.
The site is on River Road N, with access to I-5 and the City of Keizer. It is situated between Salem and Keizer and is zoned CC. The buildings and yard combine warehouse, shop, residential, and outdoor storage components on one property.
The site is on River Road N, with access to I-5 and the City of Keizer. It is situated between Salem and Keizer and is zoned CC. The buildings and yard combine warehouse, shop, residential, and outdoor storage components on one property.
Key Highlights
- Approximately 14,860 SF of total improvements
- Two 4,000 SF warehouses with 480 V 3‑phase power
- One warehouse leased; the second is available for lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$128,966
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,579,320
$2.6M
Cap Rate 7%
$1,842,371
$1.8M
Cap Rate 9%
$1,432,956
$1.4M
Market Conditions
NOI Build-Up for 14,860 SF
Gross rent
$191.7K $12.90/SF
− Vacancy
−$7.5K −$0.50/SF
EGI
$184.2K $12.40/SF
− OpEx
−$55.3K −$3.72/SF
NOI
$129.0K $8.68/SF
Area
Marion County, OR
Vacancy
3.89%
Lease Rate
$12.90 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,579,320
Cap Rate 7%
$1,842,371
Cap Rate 9%
$1,432,956
Alternative Uses
Best Use
Warehouse
$2.24M
$1.96M – $2.61M
NOI $156,602 @ 7.0% cap · market cap 9.21%
Second Best
Industrial
$1.84M
$1.61M – $2.15M
NOI $128,966 @ 7.0% cap · market cap 7.59%
Theoretical Best
Specialty Retail
$3.49M
$3.06M – $4.08M
NOI $244,637 @ 7.0% cap · market cap 14.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
25
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
$396,700
Median Home Value
Market
Average Price Trend$/SF for Warehouses in Marion County, OR
Properties on Market for Warehouses in Marion County
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- River Road Storage — 8076 River Rd NE, Keizer, OR 97303
Frequently Asked Questions
What type of property is this?
Warehouse - CC zoning, an occupied warehouse, and separate shop space support a range of commercial and industrial operations.
Where is this warehouse located?
The property is located at 8186 River Rd NE Keizer, OR.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Approximately 14,860 SF of total improvements; Two 4,000 SF warehouses with 480 V 3‑phase power; One warehouse leased; the second is available for lease
