Individually Owned 
For Lease
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Property summary
This exceptional 5,661 square foot medical office building in Marion County is situated on a 0.39-acre lot. The property features a single suite currently available for lease, offering a turnkey solution for medical professionals. Previously occupied by Willamette Sleep Center, the building boasts eight private rooms, each equipped with ADA-compliant restrooms including showers and individual climate control. Four additional private offices provide ample space for administrative staff or… specialized services. Three exam rooms with water hookups ensure efficient patient care, while a large reception area with extensive file storage maintains organization. A dedicated sterilization room with water access, nurses' station, and break room enhance functionality. The property also includes abundant on-site parking, adding convenience for both staff and patients. The building's design and features make it ideal for a variety of medical practices seeking a well-appointed and functional space. The multiple tenancy allows for flexibility and potential for expansion. This is a rare opportunity to acquire a move-in ready medical office building in a desirable location. The property is classified as both Office and Land, offering potential for future development or expansion.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 5,661 SF
- Lot area
- 0.39 ac
- Year built
- 1998
- Stories
- 1
- APN
- 083W03CB01500
- Zoning
- CR
- Assessed value · 2023
- $987,880
- Annual tax · 2023
- $19,389
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $19,389
- Selected cap rate
- Auto Repair, Garage
- Medical Building · current use
- Office Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Salem market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. Th…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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