Property summary
Park 5 Business Center offers exceptional executive office space in Salem, Oregon. This seven-building complex, situated on a 10.88-acre lot at 200 Hawthorne Ave SE (cross streets: I-5, State Street), boasts a total of 103,300 square feet of office space. The property is classified as Class B and features single-story buildings. Currently, there are 38,392 square feet of vacant space available, divisible into units ranging from a minimum of 750 square feet to a maximum contiguous space of… 4,965 square feet. The property's Commercial Industrial zoning (IC) allows for a variety of uses, including office, retail, flex, and light industrial. Its central Salem location provides convenient access and ample parking. This is an excellent opportunity for businesses seeking flexible and well-located office space in a thriving Oregon community. The property is located in Marion County, Oregon, zip code 97301. The property is ideal for businesses seeking multiple suites or larger contiguous spaces.
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
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 · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 19,200 SF
- Lot area
- 4.79 ac
- Year built
- 1993
- Stories
- 1
- APN
- 073W25D 01000
- Zoning
- IC
- Assessed value · 2023
- $3,866,880
- Annual tax · 2023
- $75,895
- Auto Repair, Garage
- Medical Building
- Commercial (general)
- Office Building
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
Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle u…
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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