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Property profile & analytics

698 12Th St Salem, OR 97301

  • Office buildings
  • 30,488 SF
  • 1.35 lot acres
Value Estimation
Location Intelligence
Property ID
US71-0564217
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Guild Mortgage - Jeannine Marshall / Mortgage Lender / Consultant
  • RE55 / Real Estate Agency
  • Victor Leonardo, M.D. / Radiologist / Doctor
  • James D. Vick / Personal Injury Attorney
  • Christopher Goeser, D.C., M.D. / Radiologist / Doctor

Property Details for 698 12Th St

Year built
1997
Lot size
1.35 lot acres
Property size
30,488 SF
Zone code
CO
Property type
Office buildings
APN
073W26CB03600
APU
073W26CB03600

Description

University Station, a Class A office building constructed in 1997 and upgraded in 2005, offers 2,915 square feet of immediately available space in a highly desirable Salem, Oregon location. This single, two-story building totals 30,488 square feet and sits on 1.35 acres of land, conveniently located near the Oregon State Capitol, Willamette University, Salem Health Hospital, and the Central Business District. Its strategic position adjacent to three major thoroughfares, including easy access to Interstate 5 via the Mission Street on-ramp, ensures exceptional visibility and convenient commuting for tenants and clients. The building features ample parking with a 3:1,000 ratio and elevators for easy access to all floors. The zoning is CR, and the property is situated in Marion County, within the Salem submarket. The building's design is well-suited for a variety of professional uses, including legal, medical, or governmental offices. This is a rare opportunity to secure premium office space in a highly sought-after location. The available space is part of a multi-tenant building.

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
-123.029
Latitude
44.9311
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
$101,075
$0.00
$0.00
$5,149,800
-
$752,830
$5,340,410
$6,093,240
More about this property
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