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1411 Salem Industrial Dr NE
Salem, OR 97301
Industrial Yard & Office · Industrial Property For Sale
Investment Highlights
- Strategic Transportation Location
- Strong Cash Flow
- Robust Industrial Cluster
- Highly Versatile Asset
Executive Summary
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.
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.
Property Facts
| Sale Type | Investment | Rentable Building Area | 3,480 SF |
| Cap Rate | 7.50% | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1992 |
| Property Subtype | Warehouse | Tenancy | Single |
| Building Class | C | Parking Ratio | 1.4/1,000 SF |
| Lot Size | 0.87 AC | Cross Streets | Kanz Court NE |
| Zoning | IG | ||
| Sale Type | Investment |
| Cap Rate | 7.50% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.87 AC |
| Rentable Building Area | 3,480 SF |
| No. Stories | 1 |
| Year Built | 1992 |
| Tenancy | Single |
| Parking Ratio | 1.4/1,000 SF |
| Cross Streets | Kanz Court NE |
| Zoning | IG |
Amenities
- Bus Line
- Fenced Lot
Property Taxes
| Parcel Number | 589756 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $333,206 CAD |
Property Taxes
Parcel Number
589756
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$333,206 CAD
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