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Property profile & analytics
OFF-MARKET
Warehouses

1835 22Nd St Salem, OR 97302

84,000 SF 11 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional 84,000 square foot industrial park, located in Salem, Oregon, offers six modern pre-engineered metal buildings, each spanning 14,000 square feet. The property boasts a flexible layout with units ranging from 1,750 to 14,000 contiguous square feet, catering to diverse business needs. Built in 2023, the Class B property sits on 11 acres and features a total of 48 drive-in doors and 6 loading docks, ensuring efficient operations. High ceilings (17.5 feet) provide ample vertical space. The park benefits from a prime location with excellent access to I-5, facilitating seamless transportation. The property is zoned IG and has a Marion County APN of 527998. Utilities include 208 3-phase power. The address is conveniently located at the intersection of McGilchrist and Mission Streets. This well-maintained complex offers ample parking and is ideal for manufacturing, distribution, warehousing, R&D, and flex space users. Currently, the entire 84,000 square feet is available for lease.

Property profile
Verified
Property type Warehouses
Year built 2023
Total area 84,000 SF
Lot 11 ac (479,160 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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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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