Property summary
This exceptional industrial property, located at 560 21st St SE in Salem, Oregon, presents a unique investment opportunity. The property boasts a total of 65,597 square feet of building space, encompassing a single suite currently configured for manufacturing, warehouse, and distribution uses. A significant portion of the building, totaling 3,250 square feet, is currently vacant and immediately available for lease. The property sits on a generous 3.1-acre lot, providing ample space for… operations and potential expansion. Built in 1955, the structure is zoned IG, reflecting its suitability for industrial applications. The property's location in Marion County, Oregon, offers convenient access to major transportation routes, enhancing its logistical advantages. The presence of a fenced storage yard adds further value, providing secure outdoor storage capabilities. This versatile property is ideal for businesses seeking a well-established industrial space with significant expansion potential in a thriving Oregon market. The property's size and zoning make it suitable for a variety of industrial uses, offering flexibility for potential tenants. The available vacant space presents an immediate opportunity for businesses to establish or expand their operations within a well-maintained industrial building. The property's location in Salem, Oregon, offers access to a skilled workforce and a robust local economy. The 97301 zip code provides easy access to major transportation arteries, facilitating efficient logistics and distribution.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,886 SF
- Lot area
- 0.44 ac
- Year built
- 1956
- Stories
- 1
- APN
- 073W26DC05900
- Zoning
- IG
- Assessed value · 2023
- $160,810
- Annual tax · 2023
- $3,080
- Commercial (general)
- Office Building
- Retail Stores
- Warehouse, Storage · current use
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
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…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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