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    2521 Boone SE Rd Salem, OR 97306-9391
    Property profile & analytics

    2521 Boone SE Rd, Salem, OR 97306-9391

    View on Map

    • Office buildings
    • 14,760 SF
    • 1.55 lot acres
    Off-Market
    Property ID
    US71-1551091
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $5,165,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • PT Northwest / Medical Clinic
    • Salem Audiology Clinic / Hearing Aid Store / Audiologist
    • Costco / Grocery & Convenience Store / Food Market
    • Valley View Dermatology South Salem / Medical Clinic / Skin Care Clinic

    Property Details for 2521 Boone SE Rd

    Year built
    2013
    Lot size
    1.55 lot acres
    Zone code
    CO; CR
    Property type
    Office buildings
    APN
    083W11D 02900
    APU
    083W11D02900

    Description

    This exceptional Class A office/medical building, Kuebler Gateway, offers a 3,516 square foot suite in a prime South Salem location. Situated on 1.67 acres at 2521 Boone Rd SE, Salem, OR 97306, this single-story building boasts 14,820 total square feet and features four suites. The available space is immediately ready for occupancy, having recently undergone a $150,000 renovation. Improvements include two new 5-ton HVAC units with power and thermostats, fully framed and furred perimeter walls, fresh paint throughout, and upgraded entryway features such as exposed ceilings with suspended acoustical clouds and dimmable pendant lighting. Modern carpet planks with rubber base are installed, and the space includes a 200-amp, 120/208-volt service panel and pendant lighting in the open areas. The building enjoys exceptional visibility on Kuebler Blvd, a major east-west commuter route with approximately 30,000 vehicles passing daily, providing premium drive-by exposure. This Costco-anchored mixed-use development is already home to established businesses such as Salem Clinic, Salem Audiology, Valley View Dermatology, and PT Northwest, creating a thriving and desirable business environment. The zoning is CO. The property is easily accessible from Interstate 5.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,353,000
      Market price range: $2.70M - $5.57M
      AI Estimate
      $4,977,000
      Market price range: $2.19M - $5.29M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,095,000
      Current use
      RESTAURANT
      $6,505,000
      Change: +59% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $5,270,000
      Change: +29% Conversion: Difficult
      MEDICAL BUILDING
      $4,990,000
      Change: +22% Conversion: Easy
      COMMERCIAL (GENERAL)
      $3,870,000
      Change: -6% Conversion: Easy
      RETAIL STORES
      $3,635,000
      Change: -11% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.011
    Latitude
    44.8835
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $45,618
    $0.00
    $0.00
    $2,324,270
    -
    $556,670
    $2,375,200
    $2,931,870
    More about this property
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