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    2965 Ryan Dr Salem, OR 97301

    Sponsored
    For Lease
    $23 SF/Yr

    14,235 SF Class A Office Space

    Lot size:
    14,235 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Class A office building, totaling 14,235 square feet, presents a unique opportunity in central Salem. Strategically located near I-5, off Mission Street, this two-story freestanding building offers unparalleled visibility and accessibility. The property boasts 20 private offices, expansive open work areas, multiple meeting and conference rooms, an IT room, and several break rooms, along with an employee lounge and a private outdoor patio. High-end interior design is evident throughout, complemented by abundant natural light from numerous skylights. The building is fully ADA compliant, includes an elevator, and features restrooms on both floors, with the upper level restrooms including locker rooms and showers. Ample parking is available. The 1.29-acre lot is zoned CR (Commercial Recreation) and offers excellent signage opportunities. Its proximity to I-5, Salem Airport, downtown Salem, shopping, and dining makes it an ideal location for a variety of businesses. The flexible layout allows for easy division into smaller suites, catering to diverse occupancy needs. This is a truly remarkable property with exceptional features and an unbeatable location. The Marion County APN is 528008, and the cross street is Hawthorne Ave NE.

    Property Features for 2965 Ryan Dr

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,235 SF
    Class
    A
    Total Rate
    27758.25

    Building Details

    Stories
    2

    Unit(s) available at that property

    Space
    Size
    14,235 SF
    Rate per SF
    $23

    HighLights

    • Class A, 14,235 SF office building in central Salem, OR.
    • Fully vacant, single‑tenant occupancy.
    • Two‑story building with 20 private offices, multiple common areas, and a private patio.
    • Features include ADA accessibility, elevator, ample parking, and high‑end finishes.
    • Excellent location near I‑5, with high visibility and signage.
    Property Profile Location Intelligence

    Current Use by Public Records

    ATRIO Health Plans Health Insurance Agency Npmic Insurance Inc Insurance Agency WVP Home Health ... Home Health Care Service Doctors Co Insurance Agency

    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
    -123.0011794724
    Latitude
    44.919702490767

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    FAQs

    What type of property is this?
    Office space - 14,235 SF Class A Office Space
    Where is this office space located?
    The property is located at 2965 Ryan Dr Salem, OR.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Class A, 14,235 SF office building in central Salem, OR.; Fully vacant, single-tenant occupancy.; Two-story building with 20 private offices, multiple common areas, and a private patio.
    Request Owner's contact information
    2965 Ryan Dr Salem, OR 97301
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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
    2965 Ryan Dr Salem, OR 97301
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