3975 River RdKeizer, OR 97303
- Office properties
- 3,163 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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