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    1835 22Nd St Salem, OR 97302

    Sponsored
    For Lease
    $9 SF/Yr

    Modern Industrial Space Available

    Lot size:
    84,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 84,000 square foot industrial park, located in Salem, Oregon, offers six modern pre-engineered metal buildings, each spanning 14,000 square feet. The property boasts a flexible layout with units ranging from 1,750 to 14,000 contiguous square feet, catering to diverse business needs. Built in 2023, the Class B property sits on 11 acres and features a total of 48 drive-in doors and 6 loading docks, ensuring efficient operations. High ceilings (17.5 feet) provide ample vertical space. The park benefits from a prime location with excellent access to I-5, facilitating seamless transportation. The property is zoned IG and has a Marion County APN of 527998. Utilities include 208 3-phase power. The address is conveniently located at the intersection of McGilchrist and Mission Streets. This well-maintained complex offers ample parking and is ideal for manufacturing, distribution, warehousing, R&D, and flex space users. Currently, the entire 84,000 square feet is available for lease.

    Property Features for 1835 22Nd St

    General Information

    Property type
    Life science properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    84,000 SF
    Class
    B
    Total Rate
    67200

    Building Details

    Year Built
    2023
    Buildings
    6

    Unit(s) available at that property

    Space
    1875 22nd
    Size
    14,000 SF
    Rate per SF
    $10
    Space
    1885 22nd
    Size
    14,000 SF
    Rate per SF
    $10
    Space
    1835 22nd
    Size
    3,500 SF
    Rate per SF
    $13
    Space
    1855 22nd
    Size
    14,000 SF
    Rate per SF
    $10
    Space
    1865 22nd
    Size
    14,000 SF
    Rate per SF
    $11
    Space
    1845 22nd
    Size
    14,000 SF
    Rate per SF
    $11

    HighLights

    • 84,000 SF of Class B industrial space available in six buildings.
    • Units range from 1,750 SF to 14,000 SF, with 84,000 SF currently vacant.
    • Located in Salem, Oregon, with excellent I‑5 freeway access.
    • Features 17.5' ceilings, 6 loading docks, and 48 drive‑in doors.
    • Property sits on 11 acres and offers ample parking.
    • 208 3‑phase power available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Life science properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage 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
    -123.0192771
    Latitude
    44.9185651

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    FAQs

    What type of property is this?
    Life science property - Modern Industrial Space Available
    Where is this life science property located?
    The property is located at 1835 22Nd St Salem, OR.
    What is the lease rate?
    The lease rate is $10-$13 SF/Yr.
    What are key features of this property?
    This property features: 84,000 SF of Class B industrial space available in six buildings.; Units range from 1,750 SF to 14,000 SF, with 84,000 SF currently vacant.; Located in Salem, Oregon, with excellent I-5 freeway access.
    Request Owner's contact information
    1835 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
    1835 22Nd St Salem, OR 97302
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