Property profile

1205- 14Th St Salem, OR 97302

OFF-MARKET
Warehouses
14,000 SF 5.2 ac lot Built 1974
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Property summary

AI-generated overview

This 14,000 square foot industrial warehouse, located at 1205-1225 14th St SE in Salem, Oregon, offers 7,000 square feet of immediately available space. The property, built in 1974 and extensively renovated in 2024, features a single story with 18-foot ceilings and two drive-in doors. The building is classified as Class C and sits on a 5.2-acre lot. The available space boasts recent interior updates, including fire suppression systems. The exterior has also been recently improved with fresh paint and paving. The property is zoned IC Industrial Commercial (APN 585086) and benefits from excellent access and egress in a well-established Salem industrial area. The previous tenant occupied the space for 30 years, a testament to its suitability and location. The property includes 14 total parking spaces. Taxes are $0.52 per square foot. The minimum divisible space is 7,000 square feet, with a maximum contiguous space also at 7,000 square feet. Three-phase power is available. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Warehouses
Year built 1974
Total area 14,000 SF
Lot 5.2 ac (226,512 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1205- 14Th St Salem, OR 97302
Salem metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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