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    1740 22Nd St Salem, OR 97302

    Sponsored
    For Lease
    $13 SF/Yr ($11,019 /Mo)

    Versatile warehouse/flex space in Salem, OR

    Lot size:
    10,018 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional industrial property, located at 1740-1758 22nd St SE, Salem, OR 97302, offers 10,018 square feet of versatile space, ideal for warehouse, R&D, or flex operations. The building, constructed in 1981, features four suites, with a minimum divisible space of 1,050 square feet and a maximum contiguous space of 2,500 square feet currently available. The property boasts a 14-foot ceiling height, providing ample vertical space for storage or equipment. The zoning is IG. Situated in Salem's southern industrial district, this location offers convenient access to major transportation arteries, including I-5 and Highway 22, ensuring easy commutes for employees and efficient logistics. The property's proximity to downtown Salem further enhances its appeal. One available suite includes an office area, a large back room suitable for a conference room, an ADA-compliant restroom, a coffee bar, and a full HVAC system. This property is adjacent to Oregon Cascade Plumbing.

    Property Features for 1740 22Nd St

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,018 SF
    Total Rate
    11019.8

    Building Details

    Year Built
    1981

    Unit(s) available at that property

    Space
    1742
    Size
    2,500 SF
    Rate per SF
    $13

    HighLights

    • Modern office suite with ADA‑compliant restroom and various private office sizes.
    • Ample parking and high visibility on 22nd St SE.
    • Ideal for contractors, service businesses, and small wholesalers.
    • Zoned IG, limiting retail uses.
    • Rent may exclude utilities, building services, and operating expenses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bridgewood Builders Inc Construction Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0179616
    Latitude
    44.9194673

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    FAQs

    What type of property is this?
    Life science property - Versatile warehouse/flex space in Salem, OR
    Where is this life science property located?
    The property is located at 1740 22Nd St Salem, OR.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: Modern office suite with ADA-compliant restroom and various private office sizes.; Ample parking and high visibility on 22nd St SE.; Ideal for contractors, service businesses, and small wholesalers.
    Request Owner's contact information
    1740 22Nd St Salem, OR 97302
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    Salem, OR 97302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1740 22Nd St Salem, OR 97302
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