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Financial
Distress signals
Property profile

4405 Turner Rd SE Salem, OR 97317

FOR SALE
Commercial land
Property ID
US71-1466292
10.12 ac lot
Last sale May 2022 · $3,607,639
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional new-construction industrial building, completed in 2024, offers 193,758 square feet of versatile space on a 10.12-acre lot in Marion County. Ideally situated for convenient access to I-5, the property boasts a functional design including 30 loading docks, 4 drive-ins, and ample parking for 70 vehicles. The building features a 32-foot ceiling height and robust 3-phase power with a 3000-amp service. Zoned for General Industrial (IG) use, this freestanding building is perfect…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$710k
Effective rate1.96%

Value estimate

· Oct 2026
$3.61M
$3.25M – $3.97M
NOI build-up
Gross scheduled income$2.56M
Vacancy & credit loss−$128k
Operating expenses−$364k
NOI · 5.76% cap applied$2.07M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$262/SF
Submarket average, outlier-cleaned · 102 recorded sales of this use type
Observed band · Q1–Q3$105 – $449

Cap rate analysis

How does the asset earn?
5.76%
$2.07M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IG
Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications ...
General categoryINDUSTRIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.6
Hair Salon9.2
Pharmacy9.1

Location

4405 Turner Rd SE Salem, OR 97317
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

18 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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