4140 River Rd N Keizer, OR 97303
Property profile & analytics
4140 River Rd N Keizer, OR 97303
- Conventional restaurants
- 1,991 SF
Property ID
US71-0861012
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.
Location Intelligence
Current Use by Public Records
- Conventional restaurants
Property Details for 4140 River Rd N
- Year built
- 1977
- Property size
- 1,991 SF
- Property type
- Conventional restaurants
- Property subtype
- Commercial land
Description
Here is a rare opportunity to own a half-acre commercial lot on the main road of Keizer, Oregon. The building on the property is home to a long-term, locally-famous restaurant tenant on a triple net, month-to-month lease for flexible re-write & built-in cashflow. This property is located along a high-volume main road lined with businesses, zoned for mixed use, and surrounded by multiple residential layers. 28k average daily traffic count on River Rd. Cherry Avenue bifurcation on opposite side of the property leads to and from MLK Blvd. Building is a 1991 S.F. converted residence built in 1977 with a full, unfinished basement. Current building tenant, Sweet Home Thai Cuisine, has been successfully operating there for over 10 years. Tenant is fine with either signing a new lease with buyer, or making way for new occupant or development purposes. Seller-carried financing terms available. City of Keizer will allow the removal of perimeter Douglas Fir trees, as they do not conform to the surrounding environment. This timber can be harvested at $800-$1000 / MBF (1000 Board Feet), buyer due diligence. Cell tower easement & rights were recently sold, and are not included in this sale. However, the tower easement now has a 35 year sunset, from perpetuity, back into the main property. Owner of property will get a monthly rent check from Verizon Wireless at that time. Do not disturb tenant.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Keizer
- County
- Marion
- State
- Oregon
- Longitude
- -123.026149
- Latitude
- 44.985589
