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Property summary
The property is a commercial cannabis-industry facility totaling 65,597 square feet on a 3.1-acre site in the Salem, Oregon area within the Willamette Valley, with convenient access to I-5, Highway 22, and Highway 99 West. The site has been redeveloped and modernized over approximately the past nine years and includes a primary building plus an accessory building and an additional gravel lot. Site improvements include paved parking, stormwater improvements, perimeter fencing, access control… systems, heavy electrical infrastructure, exterior lighting, and a membrane roofing system. Electrical service is configured for tenant metering (sub-metering for electrical use). The tenant space has been used by cannabis industry operators for licensed production, processing, or distribution activities, with tenants holding required permits and operating in compliance with applicable state and city regulations. Additional use arrangements include an accessory building used for contractor storage and a portion of the gravel lot used for fleet parking; the building and lot are arranged in a way that could support further development depending on zoning and permitting. Zoning in Salem supports cannabis-related activities, and the property is positioned for connectivity to major transportation routes.
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
Price anchors at 6 / 6.5 / 7% — in the full report.
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 · 16 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 63,929 SF
- Lot area
- 1.79 ac
- Year built
- 1956
- Stories
- 1
- APN
- 073W26DC01800
- Zoning
- IG
- Assessed value · 2023
- $1,918,710
- Annual tax · 2023
- $37,658
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $37,658
- Selected cap rate
- Industrial (general) · current use
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.
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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- Full Property Data
- Historical Records
- Value Estimation
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- Location Insight
- Alternative use
- Local Zoning Insight
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