Property summary
This exceptional Salem, Oregon retail property, located at 1136 Lancaster Dr NE, presents a compelling investment opportunity. The 4,830 square foot building sits on a 10,890 square foot lot and is currently fully leased to a tenant with a remaining lease term of six years. The lease includes annual rent increases of 3%, starting at $77,408 annually in August, providing a strong and predictable income stream. The tenant is responsible for all operating expenses, excluding roof and structural… maintenance, minimizing the owner's operational responsibilities. This property is ideally suited for investors seeking a stable, high-yield investment with long-term growth potential. The property's location in Salem, within Marion County, offers excellent visibility and accessibility. The asking price for this turnkey retail investment is $1,190,000. Please note that the tenant should not be disturbed. This is a fantastic opportunity to acquire a well-maintained, income-producing retail property in a desirable location. Serious inquiries only.
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 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 4,830 SF
- Lot area
- 0.25 ac
- Year built
- 1986
- Stories
- 1
- APN
- 072W19CA07300
- Zoning
- CR
- Assessed value · 2023
- $556,540
- Annual tax · 2023
- $10,660
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
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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