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    3155 River Rd Salem, OR 97302

    • Retail properties
    • 576 SF
    • 1.11 lot acres
    For Sale
    View listing
    $2,250,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Terrence Kay P.C. / Law Firm / General Practice Attorney
    • Westcare Management Inc / Business Management Consultant
    • Veterans Care Centers of Oregon / Association / Organization

    Property Details for 3155 River Rd

    Lot size
    1.11 lot acres
    Property size
    576 SF
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.073
    Latitude
    44.9103

    Comparable in this City

    • Value Estimation by Request
      2,535 SF

      4730 Liberty Rd

      Restaurants • 2,535 SF
      4730 Liberty Rd, Salem, OR 97302
      View Details
    • Value Estimation by Request
      6,300 SF

      4336 Commercial St

      Restaurants • 6,300 SF
      4336 Commercial St, Salem, OR 97302
      View Details
    • Value Estimation by Request
      0.15 Acres

      Salem, OR 97302

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 0.15 Acres
      Salem, OR 97302
      View Details
    • Value Estimation by Request

      3989 Commercial St

      Land
      3989 Commercial St, Salem, OR 97302
      View Details
    • Value Estimation by Request
      8,995 SF

      1795 12th SE St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 8,995 SF
      1795 12th SE St, Salem, OR 97302-2145
      View Details
    • Value Estimation by Request
      5,712 SF

      1866 13th SE St

      SERVICE SHOP (TV, ELECTRIC, PLUMBING) • 5,712 SF
      1866 13th SE St, Salem, OR 97302-2544
      View Details

    Similar Nearby for Sale

    • $2,250,000
      576 SF

      Salem Executive Office Complex

      Class A Office & ADU, $2.25M
      3155 River Rd, Salem, OR 97302
      View Details
    • $985,000
      3,228 SF

      Salem Office Building - Liberty Corridor

      Historic Charm, Modern Office Space, Prime Location
      Liberty St, Salem, OR 97302
      View Details
    • $529,000
      2,130 SF

      Salem Office Building - Prime Location

      Spacious Office, 1вЃ„2 Acre Lot, 7 Parking Spaces
      Fairview Ave, Salem, OR 97302
      View Details
    • $750,000
      7,574 SF

      Office Space on 12th Street

      Office space suitable for single or multi-tenant use.
      2735 12Th St SE, Salem, OR 97302
      View Details
    • $2,250,000
      6,540 SF

      Class A Office Building

      Class A office building with professional office suites available for sale.
      3155 River Rd S, Salem, OR 97302
      View Details
    • $749,900
      2,754 SF

      Salem Office Building with Apartment

      Two-story office conversion with studio apartment in South Salem.
      1705 Commercial St SE, Salem, OR 97302
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      9,318 SF

      Salem Retail & Land Opportunity

      High-traffic corner lot, multiple spaces available
      1310 12Th St, Salem, OR 97302
      View Details
    • $27 SF/Yr
      14,361 SF

      Class A Salem Office Suites

      Prime Salem Office Space, Multiple Sizes Available
      1220 20Th St, Salem, OR 97302
      View Details
    • $14 SF/Yr
      9,492 SF

      Salem Executive Office Building

      9,492 SF Office Space Available
      2767 22Nd St, Salem, OR 97302
      View Details
    • $1.57 SF/Yr
      1,267 SF

      Downtown Salem Retail/Office Space

      1,267 SF retail or office space in downtown Salem.
      1018 Liberty St NE, Salem, OR 97302
      View Details
    • $27 SF/Yr
      3,612 SF

      Salem Retail Building with Drive-Thru

      High-Visibility Retail Space, Excellent Location
      2710 Commercial St, Salem, OR 97302
      View Details
    • $1.25 SF/Yr
      2,000 SF

      Versatile Space in High-Traffic Location

      Flexible retail, office, or service space with I-5 access.
      1310-1330 12Th St SE, Salem, OR 97302
      View Details
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    3155 River Rd
    Salem, OR 97302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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