Individually Owned 
For Sale
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Property summary
This exceptional new-construction industrial building, completed in 2024, offers 193,758 square feet of versatile space on a 10.12-acre lot in Marion County. Ideally situated for convenient access to I-5, the property boasts a functional design including 30 loading docks, 4 drive-ins, and ample parking for 70 vehicles. The building features a 32-foot ceiling height and robust 3-phase power with a 3000-amp service. Zoned for General Industrial (IG) use, this freestanding building is perfect for a variety of operations, including manufacturing, research and development, freezer/cooler storage, warehousing, and distribution. The property is currently vacant and ready for immediate occupancy. Its strategic location, ample loading capabilities, and substantial power supply make it an ideal choice for businesses seeking a modern, efficient, and expansive industrial space. The property's dedicated lot ensures privacy and ample room for expansion or future development. This is a rare opportunity to acquire a state-of-the-art industrial facility in a prime location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding q…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Salem market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IG · Salem, ORIndustrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding q…
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: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding q…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IG in Salem, OR.
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