Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    4122 River Rd N Keizer, OR 97303

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Open space with office and restrooms/showers in Allen Plaza.

    Property Features for 4122 River Rd N

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    Joshua Kay
    Joshua Kay
    Source: Crexi

    Listing Agency: First Commercial Real Estate Services Listing Agent: Joshua Kay

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Open Configuration Retail/Office Space

    This commercial space is part of the Allen Plaza, a two-building office and retail complex. The space features an open configuration and was most recently occupied by a boxing studio. It includes one private office located off the front entrance. The property also contains two restrooms, each equipped with showers. Current tenants in the complex include the Keizer Chamber of Commerce, Friends of Felines, and York Mechanical. This property is suitable for retail or office use.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Keizer
    County
    Marion
    State
    Oregon
    Longitude
    -123.026149
    Latitude
    44.985589

    Nearby Similar for Lease

    • Contact for pricing
      1,860 SF

      Keizer Retail Shopping Center Space

      Modern retail space in a high-traffic Keizer shopping center.
      5458 River Rd N, Keizer, OR 97303
      View Details
    • $1.50 SF/Yr
      1,362 SF

      Retail Space in Keizer, Oregon

      Retail space with high visibility in a popular shopping center.
      4930-4940 River Rd N, Keizer, OR 97303
      View Details
    • $20 SF/Yr
      2,492 SF

      Retail/Office Space For Rent

      Prime location with high visibility, ideal for retail or office.
      5045-5099 River Rd N, Keizer, OR 97303
      View Details
    • Contact for pricing
      1,320 SF

      Retail Space in Keizer

      Retail space available in Keizer, Oregon, anchored by Waremart.
      5400-5438 River Rd N, Keizer, OR 97303
      View Details
    • Contact for pricing
      31,472 SF

      Retail Space in Keizer Center

      Retail space available in Waremart anchored shopping center.
      5452 River Rd N, Keizer, OR 97303
      View Details
    • $542,700

      Keizer Specialty Property for Rent

      Specialty property available for rent in Keizer, Oregon.
      4494 River Rd N, Keizer, OR 97303
      View Details
    • Contact for pricing
      3,000 SF

      Retail Space in Keizer, Oregon

      3,000 SF retail space with high visibility and accessibility.
      4118 River Rd N, Keizer, OR 97303
      View Details
    • Contact for pricing
      874 SF

      Keizer Retail/Office Space Available

      874 SF retail or office space with open floor plan.
      621 Plymouth Dr Northeast, Keizer, OR 97303
      View Details
    • $12 SF/Yr
      18,665 SF

      Keizer Warehouse: River Road Gem

      18,665 SF Warehouse, 1.1 Acres
      3820 River Rd, Keizer, OR 97303
      View Details
    • $10 SF/Yr
      86,274 SF

      Candlewood Dr Warehouse Space Available

      Industrial Warehouse Units, Multiple Sizes
      1249 Candlewood Dr, Keizer, OR 97303
      View Details
    • Contact for pricing
      1,440 SF

      Keizer Warehouse Space For Rent

      Warehouse space available with insulated doors and gas heater.
      1261-1269 Candlewood Dr NE, Keizer, OR 97303
      View Details
    • $865 /Mo
      250 SF

      Keizer Office Space For Rent

      Office space available for lease in Keizer, Oregon.
      4450-4494 River Rd N, Keizer, OR 97303
      View Details

    FAQs

    What type of property is this?
    Retail space - Open space with office and restrooms/showers in Allen Plaza.
    Where is this retail space located?
    The property is located at 4122 River Rd N Keizer, OR.
    What are key features of this property?
    This property features: - Open configuration suitable for various uses.; - Located in Allen Plaza, a commercial complex.; - Includes one private office.
    Request Owner's contact information
    4122 River Rd N Keizer, OR 97303
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4122 River Rd N
    Keizer, OR 97303
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    4122 River Rd N Keizer, OR 97303
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Joshua Kay
    Joshua Kay
    Real Estate License ID: 201215272
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!