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    4405 Turner Rd Salem, OR 97317

    Sponsored
    For Lease
    $10 SF/Yr

    New 193,758 SF Manufacturing/Warehouse

    Lot size:
    193,758 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional new-construction industrial building, completed in 2024, offers 193,758 square feet of versatile space on a 10.12-acre lot in Marion County. Ideally situated for convenient access to I-5, the property boasts a functional design including 30 loading docks, 4 drive-ins, and ample parking for 70 vehicles. The building features a 32-foot ceiling height and robust 3-phase power with a 3000-amp service. Zoned for General Industrial (IG) use, this freestanding building is perfect for a variety of operations, including manufacturing, research and development, freezer/cooler storage, warehousing, and distribution. The property is currently vacant and ready for immediate occupancy. Its strategic location, ample loading capabilities, and substantial power supply make it an ideal choice for businesses seeking a modern, efficient, and expansive industrial space. The property's dedicated lot ensures privacy and ample room for expansion or future development. This is a rare opportunity to acquire a state-of-the-art industrial facility in a prime location.

    Property Features for 4405 Turner Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    193,758 SF
    Total Rate
    164694.3

    Building Details

    Year Built
    2024

    Unit(s) available at that property

    Space
    Available Space
    Size
    193,758 SF
    Rate per SF
    $10

    HighLights

    • 193,758 SF industrial building, newly constructed in 2024.
    • Single‑tenant occupancy, available for sale or lease.
    • 10.12‑acre lot in Marion County.
    • 32' clear ceiling height, 30 loading docks, 4 drive‑ins, and 70 parking spaces.
    • Zoned General Industrial (IG), with 3‑phase power and 3000‑amp service.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Spa & Massage Building Supply Wholesale Shop Auto Repair Shop Hotel & Motel Pharmacy Gym & Fitness Auto Parts Store Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.9854049
    Latitude
    44.8896118

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    FAQs

    What type of property is this?
    Distribution property - New 193,758 SF Manufacturing/Warehouse
    Where is this distribution property located?
    The property is located at 4405 Turner Rd Salem, OR.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 193,758 SF industrial building, newly constructed in 2024.; Single-tenant occupancy, available for sale or lease.; 10.12-acre lot in Marion County.
    Request Owner's contact information
    4405 Turner Rd Salem, OR 97317
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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
    4405 Turner Rd Salem, OR 97317
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