Property profile

4605 Turner SE Rd Salem, OR 97317

OFF-MARKET
Warehouses
Property ID
US71-0940949
2,400 SF 4.03 ac lot
Entity Owned 10-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Total area 2,400 SF
Lot 4.03 ac (175,547 SF)
Zoning code IG
APN 082W07C 00400
UPID US71-0940949

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Building Supply General Contractor
  • Construction Company General Contractor

Location

4605 Turner SE Rd Salem, OR 97317-9422
Salem metro Census 1803 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$742k
Blend (final) Blend
$660k

Owner & transaction history

since 2016
4 recorded transactions
2016
Price N/A
2007
$7.2M
1997
Price N/A
1969
Price N/A

Zoning & alternative use

IG · Salem, OR
Zoning description

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…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $855,000 +83.6%
Medical building $810,000 +73.8%
Office building $665,000 +42.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4605 Turner SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message