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    OFF-MARKET
    Distribution centers

    5695 Gaffin Rd, Salem, OR 97317

    5 ac lot
    Property ID
    US71-0481053
    Property summary
    AI-generated overview

    This 5-acre commercial property in Salem, Oregon, presents a unique redevelopment opportunity. Strategically located near the Highway 22/Gaffin Road interchange, a major transportation corridor between Salem and Central Oregon, it boasts unparalleled accessibility and visibility. The property includes a 1,364 sq ft house (built 1954), a 2,240 sq ft pole building (built 2012), and a 3,744 sq ft storage building (built 1989), all currently generating approximately $3,070 in monthly net income from month-to-month tenants. The property is served by a well (installed 2008, approx. 102' deep, 20-30 GPM) and septic system. Recently re-zoned Commercial in Marion County, this location is experiencing rapid industrial development and is surrounded by major corporations including Amazon, FedEx, Home Depot, and Lineage Logistics. Situated approximately 3 miles from Interstate 5, this property offers significant potential for various commercial uses. Seller financing is available. Please note: Do not disturb tenants.

    Property profile
    Verified
    Property type Distribution centers
    Lot 5 ac (217,800 SF)
    UPID US71-0481053
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Hoffman Truck Wash Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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