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    1865 Mcgilchrist St Salem, OR 97302

    For Lease
    $0.96 SF/Yr

    160,000 SF Secure Gravel Yard

    Lot size:
    160,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 160,000 square foot industrial land parcel, located at 1865 McGilchrist St SE, Salem, OR 97302, presents a unique leasing opportunity. The property features a large, secure gravel yard ideal for various industrial uses, including outdoor storage, vehicle and equipment parking, and shipping container storage. The site boasts convenient access to I-5 and Highway 99E, enhancing logistical efficiency. Security measures include perimeter fencing and a gated entry. Electricity is available on-site

    Property Features for 1865 Mcgilchrist St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    160,000 SF

    Unit(s) available at that property

    Space
    Size
    160,000 SF
    Rate per SF
    $0.96

    HighLights

    • Secure perimeter fencing.
    • Automated entry gates.
    • Secure paved yard.
    • Landscaped yard area.
    • Partial parking available.
    • Ample outdoor industrial storage.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -123.0213397
    Latitude
    44.9175714

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    FAQs

    What type of property is this?
    Land - 160,000 SF Secure Gravel Yard
    Where is this land located?
    The property is located at 1865 Mcgilchrist St Salem, OR.
    What is the lease rate?
    The lease rate is $0.96 SF/Yr.
    What are key features of this property?
    This property features: Secure perimeter fencing.; Automated entry gates.; Secure paved yard.
    Request Owner's contact information
    1865 Mcgilchrist 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
    1865 Mcgilchrist St Salem, OR 97302
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