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    OFF-MARKET Estimated value $1,690,000
    Medical Office Space

    180 Ramsgate S Sq, Salem, OR 97302-5864

    5,661 SF 0.39 ac lot Built 1998
    Individually Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US71-0623215
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL CLINIC
    Year built 1998
    Total area 5,661 SF
    Lot 0.39 ac (16,988 SF)
    Zoning code CR
    APN 083W03CB01500
    UPID US71-0623215
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Dr. Mark T. Gabr, MD Physician
    • Nana Yatskina LMT Alternative Medicine Practice Spa & Massage Center
    • Healing Ground Massage Alternative Medicine Practice Spa & Massage Center
    • Salem Midwife Collective Midwife
    • Functional Wellness & Aesthetics Spa & Massage Center Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.17M
    Comparable Approach Comparable
    $2.21M
    Blend (final) Blend
    $1.69M
    Owner & transaction history
    Trinh Nguyen · 3 yrs held
    Trinh Nguyen
    since 2022
    Last sale
    $1.4M
    7 recorded transactions
    2022
    2022
    2019
    2008
    2006
    2005
    $865,000
    2005
    Zoning & alternative use
    CR · Salem, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Restaurant $2.5M +30.4%
    Auto repair, garage $2.0M +5.6%
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