For Sale
$3,000,000

5355 Gaffin Rd Salem, OR 97317

87,074 SF Industrial, Vacant, 24.88 Acres

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 87,074-square-foot industrial property, situated on a sprawling 24.88-acre lot in Salem, Oregon, presents a unique investment opportunity. Currently vacant, this Class C facility comprises five single-story buildings, constructed in 1992, and is zoned for Special Agriculture use. Previously utilized for hay processing, the property offers significant potential for a variety of industrial or manufacturing uses. Its strategic location just outside Salem's Urban Growth Boundary, yet conveniently near the Mill Creek Corporate Center (home to FedEx, Amazon, Home Depot, and Lineage distribution centers), provides excellent access to major transportation routes and a skilled workforce. The asking price is $3,000,000, translating to $34.45 per square foot. This substantial property offers ample space and flexibility for an owner-user seeking a strategic location in a thriving industrial area. The property's size and zoning provide considerable development potential. Detailed property records are available upon request. This is a rare opportunity to acquire a large-scale industrial property in a prime location.

Highlights

  • 24.88-acre site.
  • Special Agriculture zoning.
  • Five buildings totaling 87,074 square feet.
  • $3,000,000 sale price.

Property Details for 5355 Gaffin Rd

Property type
Industrial properties, Manufacturing properties
Square Feet
87,074 SF
Class
C
Year Built
1992
Buildings
5
Stories
1
Lot Size (sq. ft)
1,083,773 SF

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.90599421215
Longitude
-122.95057619004
5355 Gaffin Rd, Salem, Oregon

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FAQs

What type of property is this?
Industrial property - 87,074 SF Industrial, Vacant, 24.88 Acres
Where is the industrial property located?
The property is located at 5355 Gaffin Rd Salem, OR.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 24.88-acre site.; Special Agriculture zoning.; Five buildings totaling 87,074 square feet.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Contacts

Terry Hancock
Terry Hancock
Visit Broker Website

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Gaffin Rd
Salem, OR 97317

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Salem, OR 97317

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Disclaimer

The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.

We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.

5355 Gaffin Rd
  • Terry Hancock
    Terry Hancock
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