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    Property profile & analytics
    OFF-MARKET Estimated value $4,605,000
    Office buildings

    3871 Fairview Industrial SE Dr, Salem, OR 97302-1180

    17,411 SF 2.05 ac lot Built 1997
    Individually Owned 30-yr Hold Absentee Owner Free & Clear
    Property ID
    US71-0612756
    Property summary
    AI-generated overview

    This exceptional Salem, Oregon office space, located at 3871 Fairview Industrial Dr SE, 97302, offers a versatile and recently renovated workspace. The property is classified as Class B and zoned for Industrial Commercial use. Currently totaling 5,417 square feet, this single-tenancy space can be subdivided into two smaller units: one of 1,860 square feet and another of 2,790 square feet, providing flexibility for various business needs. The layout includes a thoughtfully designed interior featuring five private offices, perfect for individual work or team collaboration. Two dedicated conference rooms facilitate productive meetings and presentations. A convenient break room and two restrooms add to the overall comfort and functionality of the space. The suite also benefits from access to common working areas, enhancing the collaborative atmosphere. The lease rate is $1.40 per square foot, NNN. This prime location in Salem offers easy access to major transportation routes and amenities, making it an ideal choice for businesses seeking a modern and efficient workspace. The property's adaptable design and comprehensive amenities make it suitable for a wide range of professional users. Contact us today to schedule a viewing and explore the possibilities.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1997
    Total area 17,411 SF
    Lot 2.05 ac (89,298 SF)
    Zoning code IC
    APN 083W02 01400
    UPID US71-0612756
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • EPIC Fuels Fuel Supplier
    • Creating Pathways Pediatric Therapy Physician
    • SportsCare Physical Therapy Physician
    • Shay Copple Physician
    • Mccain Traffic Supply Inc Industrial Manufacturer Production Facility
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $4.61M
    Blend (final) Blend
    $4.61M
    Owner & transaction history
    Urban Renewal Agency Salem Cit · 30 yrs held
    Urban Renewal Agency Salem Cit
    since 1995
    5 recorded transactions
    1997
    1995
    $15,460
    1969
    1969
    1969
    Zoning & alternative use
    IC · Salem, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $6.2M +12.5%
    Medical building $5.9M +6.5%
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