Marion County
Salem - OR USA - Industrial Submarket
Industrial real estate intelligence for the Marion County submarket. 35.5M SF of inventory with 4.8% vacancy. Data sourced from various MLS platforms.
35.5MSF
Inventory
2.2MSF
Available
4.8%
Vacancy
6.3%
Availability Rate
$10.06
Asking Rent
0.7%
Rent Growth
99KSF
12mo Absorption
330KSF
Under Construction
Market Metrics
12mo Delivered
69K SF
Under Constr % of Inv
0.9%%
Sale Price/SF
$109
Cap Rate
7.2%%
12mo Sales Volume
$87,898,800
Sales Vol Growth
139.6%
Asset Value
$3,919,553,061
Net Absorption
+99K SF
Data Centre Development Potential
Moderate vacancy (4.8%) in Marion County suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 330K SF indicates developer confidence in the submarket. Positive net absorption of 99K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Salem - OR USA
Evaluating Marion County for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.