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    3124 Blossom Dr NE Salem, OR 97305
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    Property profile & analytics

    3124 Blossom Dr NE Salem, OR 97305


    • Warehouses
    • 12,000 SF
    • 1.00 lot acres
    Industrial Flex Building with Yard For Lease
    $1.00 SF/Yr
    12,006 SF

    Industrial Flex Building with Yard

    Modern industrial flex building with office space and spacious yard.

    3124 Blossom Dr NE, Salem, OR 97305
    View Listing
    Property ID
    US71-0903259
    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
    $1,860,000
    Cap Rate Potential
    6.9%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 3124 Blossom Dr NE

    Year built
    2018
    Lot size
    1.00 lot acres
    Property size
    12,000 SF
    Zone code
    IG
    Property type
    Warehouses
    APN
    073W01A 02800
    APU
    073W01A02800

    Description

    This exceptional 12,000-square-foot flex space, built in 2018, is situated on a one-acre lot at 3124 Blossom Dr NE, Salem, OR 97305. The single-story building boasts a 17-foot ceiling height, ideal for various industrial and commercial uses. Currently, 8,985 square feet are available for lease in a multi-tenant building. The property features five drive-in doors for convenient loading and unloading, and is equipped with 3-phase, 120/208V 200-amp power. Its IG zoning allows for a wide range of permitted uses. Strategically located near Interstate 5, with easy access to both north and southbound ramps via Highway 99 and Chemawa Road, this property offers unparalleled access to the mid-Willamette Valley market. The property's versatile design makes it suitable for businesses of all sizes, from startups to established companies seeking expansion opportunities. This prime location and functional design combine to create a highly desirable commercial space. The address is 3124 Blossom Dr NE, Salem, OR 97305.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,860,000
      ML approach
      $1,860,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,130,000
      6.5%
      $1,970,000
      7%
      $1,825,000
    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $2,335,000
      Current use
      RETAIL STORES
      $2,955,000
      Change: +27% Conversion: Moderate
      INDUSTRIAL (GENERAL)
      $2,155,000
      Change: -8% Conversion: Easy

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


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.994
    Latitude
    44.9932
    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
    $22,361
    $0.00
    $0.00
    $1,139,310
    -
    $164,140
    $1,535,270
    $1,699,410
    View Listing
    More about this property
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