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Property profile & analytics
OFF-MARKET
Warehouses

1505 Front St Salem, OR 97301

36,462 SF
Property ID
Property summary
AI-generated overview

This exceptional Salem, Oregon industrial property offers a unique blend of warehouse and yard space, ideally suited for various industrial, warehouse, and distribution operations. Located at 1505 Front St NE, this single-tenant property boasts a total building size of 36,462 square feet situated on a 1.43-acre lot in Marion County. The readily available space includes approximately 7,494 square feet of warehouse/storage space featuring a 22' clear height (14' in storage area), complemented by 6,432 square feet of secure, paved, and partially covered yard space. The warehouse features three manual overhead doors, one sliding door, and a dock loading height of approximately 28 inches. Additional amenities include a large lunch/conference room, one restroom, and trailer parking. The property is equipped with a sprinkler system and is zoned MU Riverfront. The monthly lease rate is $7,865, inclusive of water and sewer. The property's strategic location near I-5, Salem-Dallas Highway, and North Santiam Highway ensures seamless connectivity and access to major transportation routes. Prospective tenants are responsible for conducting all due diligence. This is a rare opportunity to secure a well-appointed industrial space with significant yard area in a thriving business community.

Property profile
Verified
Property type Warehouses
Total area 36,462 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Mongoose Metals Powder Coating Powder Coating Service
  • Front Street Scooters Department Store
  • Affordable Quality Carpets Carpet & Flooring Store
  • Murphy’s Fireplace & Stove Inc. Hardware & Home Improvement
  • Mongoose Metals Inc. HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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