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    4405 Turner Rd Salem, OR 97317

    For Sale
    Contact for pricing

    New Construction Industrial; Sale or Lease.

    Property size:
    193,758 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 193,758-square-foot industrial building represents a rare opportunity in Salem, Oregon. Situated on a 10.12-acre lot at 4405 Turner Rd SE, 97317, this new construction property offers a single-story design with a General Industrial zoning permit. Ideal for distribution, manufacturing, or warehousing operations, the building is strategically located for convenient access to Interstate 5, ensuring efficient transportation and logistics. The property is available for sale or lease under a NNN lease structure, with a multi-tenant occupancy possibility. Construction is nearing completion, with an estimated January 2024 finish date. This modern facility provides ample space and flexibility for a variety of industrial uses, making it an attractive investment or operational base. The property's size and location combine to offer significant potential for growth and profitability. Interested parties are encouraged to inquire for further details and to schedule a viewing. This is a prime opportunity to secure a state-of-the-art industrial space in a thriving market.

    Property Features for 4405 Turner Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    193,758 SF
    Lot Size
    440,827 SF

    Building Details

    Stories
    1

    HighLights

    • New construction industrial building totaling 193,758 square feet.
    • Located at 4405 Turner Rd SE, Salem, OR 97317, on a 10.12‑acre lot.
    • Building features a single story and General Industrial zoning.
    • Available for sale; NNN lease terms also available.
    • Multi‑tenant building suitable for distribution, manufacturing, and warehouse uses.
    • Broker co‑op available.
    Property Profile Insight Report 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 Construction Industrial; Sale or Lease.
    Where is this distribution property located?
    The property is located at 4405 Turner Rd Salem, OR.
    What are key features of this property?
    This property features: New construction industrial building totaling 193,758 square feet.; Located at 4405 Turner Rd SE, Salem, OR 97317, on a 10.12-acre lot.; Building features a single story and General Industrial zoning.
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    4405 Turner Rd Salem, OR 97317
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    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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