4780 Ridge DrSalem, OR 97301

  • Commercial real estate
  • 360 SF
For Lease
$14.40/SF/YR View listing

Property Details for 4780 Ridge Dr

Year built
1979
Lot size
2.76 AC
Property size (Sq ft)
360 SF
Zone code
IG
Property type
Commercial real estate
APN
073W01B 03600
APU
073W01B03600

Description

This exceptional Marion County industrial property offers three buildings totaling 1,970 square feet situated on a 2.76-acre lot. The property is zoned IG and provides convenient access to I-5, enhancing logistical efficiency. Two of the buildings boast 12-foot grade-level doors, 110V power, and concrete floors, ideal for various manufacturing or warehousing needs. These two buildings range in size from 378 to 792 square feet, offering flexible space options for multiple tenants. A third building provides covered storage. The property includes three parking spaces. Tenants in two of the buildings will incur an additional $70.00 monthly charge for power usage. This multi-tenant property presents a unique opportunity for businesses seeking versatile industrial space with excellent accessibility and a strategic location. The property's size and configuration make it suitable for a variety of uses, from light manufacturing to storage and distribution. The combination of covered and enclosed spaces offers flexibility for diverse operational needs. The convenient I-5 access significantly reduces transportation costs and time. This is an excellent investment opportunity in a prime location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $75,701
    Hospitality
    $69,342
    Educational
    $57,691
    Medical
    $59,676
    Retail
    $89,742
4780 Ridge Dr, Salem, Oregon

Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9931
Longitude
-123.001
CBSA code
41420
CBSA name
SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,327
-
-
$373,290
-
$379,020
$104,500
$483,520

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