Sold
Last Sold Price
129,850 sqft$218/sqft
5475 Gaffin Rd SE, Salem, OR 97317
19.65 acresLot Size
2009Year Built
$218/sq ftPrice per sq ft
Listing closed: 09/23/2021 05:00 AM

Recent comparable sales

Median sold price

$500,000

Salem, OR

9 comparable properties found

1

$3,210,000

Sold 01/05/26

Unavailable
Bedrooms
Unavailable
Bathrooms
10,138
Square Feet
0.82
Acres
2

$1,370,000

Sold 05/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
9,170
Square Feet
1.12
Acres
3

$1,370,000

Sold 05/26/26

Unavailable
Bedrooms
Unavailable
Bathrooms
9,170
Square Feet
1.12
Acres
4

$500,000

Sold 06/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
6,534
Square Feet
0.15
Acres
5

$275,000

Sold 09/11/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.39
Acres
6

$227,000

Sold 03/31/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.64
Acres
7

$295,000

Sold 04/28/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.5
Acres
8

$280,000

Sold 01/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
2.07
Acres
9

$1,000,000

Sold 05/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
5,736
Square Feet
0.37
Acres

Location

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Payment Calculator

$173,616 per month

30 year fixed, 6.55% Interest

Principal and Interest

$143,591

Property Taxes

$30,025

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 5475 Gaffin Road Southeast

Property Details
  • MLS Type: Sale / Industrial / LIGHT INDUSTRIAL
Building Information
  • Year Built: 2009
  • Lot Size: 19.65 AC / 855,954 SF

Property History for 5475 Gaffin Road Southeast

DateEvent & SourcePriceAppreciation
Sep 23, 2021

Sold (Public Record)

Public Record #1472529627

$28,250,000

+44.7% / yr

Mar 14, 2018

Sold (Public Record)

Public Record #618378660

$7,675,000

+18.7% / yr

Jul 20, 2009

Sold (Public Record)

Public Record #273672950

$1,740,075
DateEvent & SourcePrice
09/23/2021

Sold (Public Record)

Public Record #1472529627

$28,250,000

+44.7% / yr

03/14/2018

Sold (Public Record)

Public Record #618378660

$7,675,000

+18.7% / yr

07/20/2009

Sold (Public Record)

Public Record #273672950

$1,740,075

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 5475 Gaffin Road Southeast

Taxable ValueLand-Additions-Total-
Tax Record2025$360,303 ($30,025 / month)
Home Facts
Total Finished SqFt129,850 SqFtAbove Grade Finished SqFt129,850 SqFtLot Size855,954 SqFtStyleLight IndustrialYear Built2009ZoningIBCCountyMARIONAPN082W04B 01700

Schools near 5475 Gaffin Road Southeast

This home is within Salem-Keizer School District 24j.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Miller Elementary School
PublicK to 5

Houck Middle School
Public6 to 8

North Salem High School
Public9 to 12

Roberts High School
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 5475 Gaffin Road Southeast, Salem, OR 97317
$28,250,000
129,850
855,954
$250,000
3
1
1,196
422,968
2
1
1,366
194,278
$694,000
3
2,266
210,830
$2,400,000
1
5,140
216,929

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: