1411 Salem Industrial Dr NE - Warehouse FOR SALE


Salem, OR 97301- Northgate
$641,000 USD
503-588-4146
1411 Salem Industrial Dr NE, Salem, OR for Sale
$641,000 USD
Warehouse - FOR SALE
1/2
null | 7.5% Cap Rate

1411 Salem Industrial Dr NE
Salem, OR 97301
Northgate


HIGHLIGHTS

  • Strategic Transportation Location
  • Robust Industrial Cluster
  • Strong Cash Flow
  • Highly Versatile Asset

OVERVIEW

Generating a stable Net Operating Income (NOI) of $48,107, this single-tenant leased property provides an investor with a highly predictable revenue stream.? Industrial assets of this size are in high demand, offering lower tenant-turnover risks and straightforward management.? With industrial land and warehouse vacancy consistently tight throughout Marion County, owning an asset this close to I-5 and downtown Salem ensures sustained tenant demand, preserving long-term property valuation and rent-growth potential.? The neighborhood is positioned just minutes from Interstate 5, providing a direct, high-speed conduit north to Portland and south to Eugene. It sits immediately off the Dr. Martin Luther King Jr. Parkway, enabling seamless cross-town transit. The surrounding district features a mature mix of warehouse operations, specialty trade contractors, and light industrial businesses, creating a supportive local business ecosystem.

FOR SALE DETAILS

PRICE

$641,000 USD

PRICE/SF

$184 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Industrial Yard & Office

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1992

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.87

LAND SF

37,897

ZONING

IG

APN/PARCEL ID

589756

ASK ABOUT THIS PROPERTY

Curt Arthur, SIORCapacity Commercial Group LLCMore Info
503-588-4146

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Curt Arthur, SIORCapacity Commercial Group LLCMore Info
503-588-4146

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.