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    Property profile & analytics
    OFF-MARKET Estimated value $1,270,000
    Office buildings

    4300 Cherry NE Ave, Keizer, OR 97303-4855

    3,983 SF 0.36 ac lot Built 1995
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US71-0615871
    Property summary
    AI-generated overview

    This exceptional 3,983-square-foot single-tenant office building is ideally situated in Keizer, Oregon, at the northeast corner of Cherry Avenue NE and Manbrin Drive NE. The property sits on a 0.39-acre lot and offers ample parking with 20 spaces. The building features a functional layout including multiple private offices and conference rooms, perfect for a variety of business needs. Additional amenities include two ADA-compliant restrooms, a convenient kitchenette/break room, and a fenced private yard area. The building is equipped with gas heat and is fully insulated for year-round comfort. Two glass entry doors provide convenient access. This mixed-use zoned property enjoys a strategic location, approximately 2.5 miles from Keizer Station and the Interstate 5 interchange, offering easy access to major transportation routes. Commuting to Salem's Central Business District is also convenient, located approximately 3.1 miles away, and the State Capital is just 3.9 miles distant. This presents a rare opportunity to acquire a well-maintained, functional office building in a thriving Keizer location. The entire 3,983 square feet is currently vacant, providing immediate occupancy for a new tenant. The property's zoning allows for flexibility in future uses.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1995
    Total area 3,983 SF
    Lot 0.36 ac (15,682 SF)
    Zoning code MU
    APN 073W02CD02103
    UPID US71-0615871
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.27M
    Blend (final) Blend
    $1.27M
    Owner & transaction history
    Mmak LLC · 11 yrs held
    Mmak LLC
    since 2014
    2 recorded transactions
    2014
    $550,200
    1969
    Zoning & alternative use
    MU · Keizer, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $1.4M +30.6%
    Medical building $1.3M +17.6%
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