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2965 Ryan Dr SE 14,235 SF Office Building Salem, OR 97301 $3,099,000 ($217.70/SF) 9% Cap Rate
Investment Highlights
- Excellent Location Near I-5
- 2 Floors & Elevator Served
- Tons of Parking
- Freestanding Building
- Restrooms + Locker Room w/ Showers
- Full Kitchen & Entertaining Breakroom
Executive Summary
Well known suburban office building available for sale. Close to the Salem Airport, I-5, and two miles to the Central Business District. This building has great curb appeal and tremendous parking. Open floor plan looks down from the second floor. Layout is a blend of private offices and open work area with a large break area with outside second floor patio.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
14,235 SF
Building Class
B
Year Built
1992
Price
$3,099,000
Price Per SF
$217.70
Cap Rate
9%
NOI
$278,910
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
7,118 SF
Building FAR
0.25
Lot Size
1.29 AC
Opportunity Zone
Yes
Zoning
CR
Parking
40 Spaces (2.81 Spaces per 1,000 SF Leased)
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Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 528008 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,041,760 |
Property Taxes
Parcel Number
528008
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,041,760
Contacts
-
Curt Arthur, SIOR -
Nick Williams, CCIM -
Toran Schmidgall -
Eric Anderson -
Tamara Fuller -
Capacity Commercial Group LLC
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