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    OFF-MARKET
    Warehouses

    1205- 14Th St, Salem, OR 97302

    14,000 SF 5.2 ac lot Built 1974
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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