Property profile

0 Salmon Run Salem, OR 97301

OFF-MARKET
Office Spaces
22,305 SF Built 2005
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional three-story, 22,305-square-foot LEED-certified building in Salem, Oregon, offers 15,300 square feet of vacant executive office space. Built in 2005, the property features an elevator, on-site garages connected via a sky bridge, and six third-floor condominium units. Its convenient location along Mill Creek offers proximity to downtown Salem's amenities while maintaining a tranquil atmosphere. The building's unique architectural design is highlighted by a striking salmon sculpture, a piece from the 2005 "Salmon in the City" art project. The multiple tenancy structure provides flexibility for various business needs. Located in Marion County, Oregon, with easy access to downtown Salem, this property presents a rare opportunity for businesses seeking a distinctive and functional workspace. The building's modern design and sustainable features, combined with its prime location, make it an ideal choice for discerning tenants. The ample square footage allows for customization and expansion, catering to a wide range of business sizes and requirements. The on-site garages and sky bridge enhance convenience and accessibility for both office tenants and condominium residents. This mixed-use property offers a unique blend of commercial and residential spaces, creating a vibrant and dynamic environment.

Property profile

Verified
Property type Office Spaces
Year built 2005
Total area 22,305 SF

Cap rate & NOI

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

Location

Salmon Run Salem, OR 97301
Salem metro
Google Maps

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

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own Salmon Run?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message