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4735 Turner Rd SE 27,000 SF Industrial Building Salem, OR 97317 $6,944,399 CAD ($257.20 CAD/SF) 5.54% Cap Rate



Executive Summary
In 2006 Sequential Pacific Biodiesel invested $15 million in construction of a state-of-the-art Biofuel Plant. The plant was the first commercial Biodiesel plant in the Pacific Northwest.
In 2024 Sequential merged with Mahoney Environmental and became a division of Neste. In addition to the Biofuel Plant, Mahoney Environmental also operates their fuel truck yard, maintenance warehouse, and shop at this location.
In 2024 Sequential merged with Mahoney Environmental and became a division of Neste. In addition to the Biofuel Plant, Mahoney Environmental also operates their fuel truck yard, maintenance warehouse, and shop at this location.
Property Facts
| Price | $6,944,399 CAD | Rentable Building Area | 27,000 SF |
| Price Per SF | $257.20 CAD | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 2006 |
| Cap Rate | 5.54% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 0.67/1,000 SF |
| Property Subtype | Distribution | Clear Ceiling Height | 24’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 5 |
| Lot Size | 4.19 AC | ||
| Zoning | IG | ||
| Price | $6,944,399 CAD |
| Price Per SF | $257.20 CAD |
| Sale Type | Investment NNN |
| Cap Rate | 5.54% |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | C |
| Lot Size | 4.19 AC |
| Rentable Building Area | 27,000 SF |
| No. Stories | 1 |
| Year Built | 2006 |
| Tenancy | Single |
| Parking Ratio | 0.67/1,000 SF |
| Clear Ceiling Height | 24’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | IG |
Not walkable
10/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 349675 | Improvements Assessment | $5,597,950 CAD |
| Land Assessment | $0 CAD | Total Assessment | $5,597,950 CAD |
Property Taxes
Parcel Number
349675
Land Assessment
$0 CAD
Improvements Assessment
$5,597,950 CAD
Total Assessment
$5,597,950 CAD
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4735 Turner Rd SE
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