2965 Ryan Dr Salem, OR 97301
For Sale
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This exceptional Class A office building, totaling 14,235 square feet, presents a unique opportunity in central Salem. Strategically located near I-5, off Mission Street, this two-story freestanding building offers unparalleled visibility and accessibility. The property boasts 20 private offices, expansive open work areas, multiple meeting and conference rooms, an IT room, and several break rooms, along with an employee lounge and a private outdoor patio. High-end interior design is evident throughout, complemented by abundant natural light from numerous skylights. The building is fully ADA compliant, includes an elevator, and features restrooms on both floors, with the upper level restrooms including locker rooms and showers. Ample parking is available. The 1.29-acre lot is zoned CR (Commercial Recreation) and offers excellent signage opportunities. Its proximity to I-5, Salem Airport, downtown Salem, shopping, and dining makes it an ideal location for a variety of businesses. The flexible layout allows for easy division into smaller suites, catering to diverse occupancy needs. This is a truly remarkable property with exceptional features and an unbeatable location. The Marion County APN is 528008, and the cross street is Hawthorne Ave NE.
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ATRIO Health Plans Insurance Agency
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Npmic Insurance Inc Insurance Agency
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WVP Home Health WVP Home Health Home Health Care Service
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Doctors Co Insurance Agency
The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The CR zone generally allows a wide array of retail sales and office uses.
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
CR · Salem, ORThe purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. The CR zone generally allows a wide array of retail sales and office uses.
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.