5695 Gaffin Rd Salem, OR 97317
- Distribution centers
- 5.00 lot acres
Current Use by Public Records
- Hoffman Truck Wash / Truck Repair Shop
Property Details for 5695 Gaffin Rd
- Lot size
- 5.00 lot acres
- Property type
- Distribution centers
Description
This 5-acre commercial property in Salem, Oregon, presents a unique redevelopment opportunity. Strategically located near the Highway 22/Gaffin Road interchange, a major transportation corridor between Salem and Central Oregon, it boasts unparalleled accessibility and visibility. The property includes a 1,364 sq ft house (built 1954), a 2,240 sq ft pole building (built 2012), and a 3,744 sq ft storage building (built 1989), all currently generating approximately $3,070 in monthly net income from month-to-month tenants. The property is served by a well (installed 2008, approx. 102' deep, 20-30 GPM) and septic system. Recently re-zoned Commercial in Marion County, this location is experiencing rapid industrial development and is surrounded by major corporations including Amazon, FedEx, Home Depot, and Lineage Logistics. Situated approximately 3 miles from Interstate 5, this property offers significant potential for various commercial uses. Seller financing is available. Please note: Do not disturb tenants.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -122.944866
- Latitude
- 44.903896
