5355 Gaffin Rd Salem, OR 97317
- Manufacturing properties
- 87,074 SF
- 24.88 lot acres
Current Use by Public Records
- Hay Kingdom / Hay Supplier
Property Details for 5355 Gaffin Rd
- Year built
- 1992
- Lot size
- 24.88 lot acres
- Property size
- 87,074 SF
- Property type
- Manufacturing properties
- Property subtype
- Distribution centers
Description
This exceptional 87,074-square-foot industrial property, situated on a sprawling 24.88-acre lot in Salem, Oregon, presents a unique investment opportunity. Currently vacant, this Class C facility comprises five single-story buildings, constructed in 1992, and is zoned for Special Agriculture use. Previously utilized for hay processing, the property offers significant potential for a variety of industrial or manufacturing uses. Its strategic location just outside Salem's Urban Growth Boundary, yet conveniently near the Mill Creek Corporate Center (home to FedEx, Amazon, Home Depot, and Lineage distribution centers), provides excellent access to major transportation routes and a skilled workforce. The asking price is $3,000,000, translating to $34.45 per square foot. This substantial property offers ample space and flexibility for an owner-user seeking a strategic location in a thriving industrial area. The property's size and zoning provide considerable development potential. Detailed property records are available upon request. This is a rare opportunity to acquire a large-scale industrial property in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -122.95057619004
- Latitude
- 44.90599421215
