The property is a flex-space building comprising two adjoining warehouse suites totaling 4,145 square feet. The interior configuration includes 20-foot clear-height ceilings, grade-level loading doors, and private restroom facilities for the suites, supporting a mix of industrial, warehouse, and light flex uses. The building is located in an industrial park setting at 2859 22nd Street SE in Salem, Oregon.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$24k

Tax billed · 2023

Assessed value$1.24M

Effective rate1.96%

Value estimate

· Nov 2026

$5.14M

$4.63M – $5.65M

Submarket $/SF estimate$5.14M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$243/SF

ZIP average, outlier-cleaned · 20 recorded sales of this use type

Observed band · Q1–Q3$117 – $343

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications ...

General categoryINDUSTRIAL

JurisdictionMARION

Location intelligence

Which uses thrive at this corner?

Best fit: Hair Salon

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Hair Salon14.8

Pharmacy13.8

Grocery Store12.4

2859 22nd SE St Salem, OR 97302-1554

County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

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 nearby

Address Sale price Sold Size

1620 Oxford SE, Salem, OR 97302-1440 $1,600,000 May 2025 12,330 SF

1805 22nd SE, Salem, OR 97302-1216 $2,000,000 Mar 2024 15,240 SF

4070 Fairview Industrial SE, Salem, OR 97302-1142 $2,300,000 Dec 2022 13,950 SF

3080 25th SE, Salem, OR 97302-1140 $1,825,000 Dec 2022 10,609 SF

2700 19th SE, Salem, OR 97302-1165 $860,000 Apr 2022 24,200 SF

2275 Judson SE, Salem, OR 97302-1275 $1,800,000 Jan 2022 20,234 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$2,605,000

19,684 SF

4080 Fairview Industrial SE Dr

WAREHOUSE, STORAGE

4080 Fairview Industrial SE Dr, Salem, OR 97302-1389

View Details
Value Estimation
$7,335,000

23,956 SF

3895 Cascadia Cyn SE Ave

MINI-WAREHOUSE, STORAGE

3895 Cascadia Cyn SE Ave, Salem, OR 97302-1377

View Details
Value Estimation
$6,965,000

25,409 SF

3855 Cascadia Cyn SE Ave

MINI-WAREHOUSE, STORAGE

3855 Cascadia Cyn SE Ave, Salem, OR 97302-1373

View Details
Value Estimation
$9,870,000

28,775 SF

3992 Fairview Industrial SE Dr

MINI-WAREHOUSE, STORAGE

3992 Fairview Industrial SE Dr, Salem, OR 97302-1382

View Details
Value Estimation
$595,000

3,900 SF

Salem, OR 97302

MANUFACTURING (LIGHT)

Salem, OR 97302

View Details
Value Estimation
$250,000

2,116 SF

Salem, OR 97302

WAREHOUSE, STORAGE

Salem, OR 97302

View Details

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2859 22nd SE St Salem, OR 97302

Property summary