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Property summary
Plaza Del Sol is located on Portland Rd NE in Salem’s North Gateway Urban Renewal Area and comprises two buildings on approximately 3.25 acres across two tax parcels, totaling approximately 39,935 square feet. The main building contains approximately 20,445 square feet of retail and office space, including an upper level of approximately 4,080 square feet dedicated to office use and accessible by an elevator. A separate warehouse building provides approximately 10,100 square feet of warehouse space and is configured as two suites. The property also includes approximately 9,390 square feet of covered lean-to storage adjacent to the main building. Additional features include surplus land that can support further site improvements or outdoor storage, and a tenant-occupied building pad.
Property profile
VerifiedCap rate & NOI
Current use
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Law Firm
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Big Box & Wholesale Store Factory
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Sports Field & Court Sports School
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Law Firm
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Church Mosque
Location
Value estimations
Owner & transaction history
Zoning & alternative use
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…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IC · Salem, ORIndustrial 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…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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…
What can be built and operated here — officially.
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