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    2767 22Nd St Salem, OR 97302

    Sponsored
    For Lease
    $14 SF/Yr

    9,492 SF Office Space Available

    Lot size:
    9,492 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional single-tenant executive office building in Salem, Oregon, offers up to 9,492 square feet of first-floor space, ideal for a variety of businesses. Located at 2767 22nd St SE, 97302, in Marion County, this property sits on a 1.43-acre lot and boasts a prime location within an established industrial commercial corridor. Built in 1977, the single-story building is zoned IG (Industrial General) and is readily divisible. The current configuration includes at least fifteen private offices, four conference rooms, a break room, four restrooms, a kitchen, and a welcoming lobby. The space is highly adaptable, allowing for a minimum lease of 882 square feet with a private exterior entrance for each suite, providing flexibility for various business needs and sizes. The asking rate is $1.20 per square foot per month, NNN. This presents a unique opportunity to secure a well-appointed, adaptable office space in a desirable Salem location. The property's size, layout, and location make it an attractive option for businesses seeking a functional and prestigious office environment. The existing infrastructure and amenities provide immediate occupancy, minimizing upfront investment and maximizing operational efficiency. This is a rare opportunity to acquire a substantial and versatile office space in a thriving commercial area.

    Property Features for 2767 22Nd St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,492 SF

    Building Details

    Year Built
    1977
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    9,492 SF
    Rate per SF
    $14

    HighLights

    • 882 SF - 9,492 SF of flexible office space.
    • Class B office building.
    • Zoned Industrial General (IG).
    • Lease rate: $1.20/SF/month, NNN.
    • Estimated NNN expenses: $0.16/SF/month.
    Property Profile Location Intelligence

    Current Use by Public Records

    Department of Corrections Health ... Corporate Office

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.0176266
    Latitude
    44.9134752

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    FAQs

    What type of property is this?
    Office Property / Space - 9,492 SF Office Space Available
    Where is this office property / space located?
    The property is located at 2767 22Nd St Salem, OR.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 882 SF - 9,492 SF of flexible office space.; Class B office building.; Zoned Industrial General (IG).
    Request Owner's contact information
    2767 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
    2767 22Nd St Salem, OR 97302
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