4707 Silverton Rd NE, Salem, OR 97305
For Sale
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This exceptional two-story, 10,059-square-foot office building in North Salem presents a rare opportunity for owner-occupancy or investment. Built in 2005, the property boasts a versatile layout featuring private offices, conference rooms, and ample storage, catering to a variety of business needs. The building is conveniently served by an elevator and offers extensive on-site parking. Its CR (Commercial Retail) zoning provides flexibility for future uses. A significant advantage is the inclusion of 1.39 acres of land, allowing for expansion or additional parking. This property offers a unique opportunity to acquire a substantial office building with significant land holdings. The building and land are available for sale or lease, either as a combined package or separately. The property's location in North Salem ensures easy access and convenient ingress/egress. The building's design and features make it an ideal space for a variety of businesses seeking a functional and well-appointed office environment. The substantial land parcel offers significant potential for future development or expansion, adding considerable value to this already impressive offering. This is a truly unique opportunity to acquire a turnkey office space with significant land holdings in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CR · Salem, ORSalem. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.