3975 River RdKeizer, OR 97303

  • Office properties
  • 3,163 SF
For Lease
$18.60/SF/YR View listing

Property Details for 3975 River Rd

Year built
1978
Lot size
0.44 AC
Property size (Sq ft)
3,163 SF
Zone code
MU
Property type
Office properties
Property subtype
Office buildings
APN
073W11BB04500
APU
073W11BB04500

Description

This exceptional commercial property at 3975 River Rd N in Marion County offers a single-tenant office space totaling 1,000 square feet. The space boasts an open floor plan, ideal for a variety of businesses, and includes a private restroom for employee convenience. The property is situated on a 0.44-acre lot and is part of a larger commercial development, benefiting from shared common parking accessible from both River Rd N and Sunset Ave N. This highly visible location provides excellent exposure and accessibility for clients and employees. The property's strategic placement ensures high traffic visibility, positioned between Access GT Mortgage and Encore Hair Studio. Furthermore, the property enjoys a strong shadow anchor presence, with nearby established businesses including Physiq Fitness, Bi-Mart, 911 Supply, and Baskin Robbins, creating a vibrant and thriving commercial environment. The total building size encompasses 5,593 square feet, indicating ample space within the complex. This presents a unique opportunity for a business seeking a well-located, functional, and easily accessible office space in a bustling commercial area. Please note that the existing tenant should not be disturbed. This property is offered for lease and is ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $581,083
    6.5%
    $536,385
    7%
    $498,071
  • Comparable approach

    Method
    Valuation
    Relative Method
    $498,185
    Geo Method
    $609,131
  • Alternative Use

    Use
    Valuation
    Residential
    $665,117
    Hospitality
    $609,244
    Educational
    $506,884
    Medical
    $524,316
    Retail
    $788,486
3975 River Rd, Keizer, Oregon

Location Insight

City
Keizer
County
Marion
State
Oregon
Latitude
44.9837
Longitude
-123.027
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
$11,076
-
-
$664,770
-
$275,520
$633,840
$909,360

FAQs

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