1740 22nd SE St Salem, OR 97302-1255
This exceptional industrial property, located at 1740-1758 22nd St SE, Salem, OR 97302, offers 10,018 square feet of versatile space, ideal for warehouse, R&D, or flex operations. The building, constructed in 1981, features four suites, with a minimum divisible space of 1,050 square feet and a maximum contiguous space of 2,500 square feet currently available. The property boasts a 14-foot ceiling height, providing ample vertical space for storage or equipment. The zoning is IG. Situated in Salem's southern industrial district, this location offers convenient access to major transportation arteries, including I-5 and Highway 22, ensuring easy commutes for employees and efficient logistics. The property's proximity to downtown Salem further enhances its appeal. One available suite includes an office area, a large back room suitable for a conference room, an ADA-compliant restroom, a coffee bar, and a full HVAC system. This property is adjacent to Oregon Cascade Plumbing.
-
Bridgewood Builders Inc Construction Company
Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding qualification (1) above, zone-to-zone setbacks for buildings and structures are required abutting an alley when the abutting zone across the…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IG · Salem, ORIndustrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding qualification (1) above, zone-to-zone setbacks for buildings and structures are required abutting an alley when the abutting zone across the alley is residential. Vehicle use areas remain under qualification (1), and do not require a zone-to-zone setback abutting an alley when the abutting zone across the alley is residential. (e) Lot coverage; height. Buildings and accessory structures within the ESMU zone shall conform to the lot coverage, height, and building frontage standards set forth in Table 537-5. TABLE 537-5 LOT COVERAGE; HEIGHT Table 537-5: Lot Coverage; Height Requirement Standard Limitations and Qualifications LOT COVERAGE Buildings and Accessory Structures All uses No Max. REAR YARD COVERAGE Buildings All uses No Max. Accessory Structures Accessory to all uses No Max. HEIGHT Buildings All uses Max. 50 ft. Accessory Structures Accessory to single family, two family, three family, four family, and multiple family Max. 15 ft. Accessory to all other uses Max. 50 ft. BUILDING FRONTAGE All uses Min. 50% Applies to development sites along Patterson Street, and along Edgewater Street and Second Street, between Rosemont Avenue and Wallace Road, except that where a development site has frontage on Edgewater Street, Second Street, or Patterson Street and a side street, the minimum building frontage requirement does not apply to the side street frontage. (f) Landscaping. Landscaping within the ESMU zone shall be provided as set forth in this subsection. (1) Setbacks. Required setbacks shall be landscaped. Landscaping shall conform to the standards set forth in SRC
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
