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    2710 Commercial St Salem, OR 97302

    • Banks
    • 0.48 lot acres
    For Lease
    View listing
    $27 SF/Yr
    Value Estimation
    Location Intelligence
    Property ID
    US71-0491868
    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

    • ATM - Umpqua Bank / Atm

    Property Details for 2710 Commercial St

    Lot size
    0.48 lot acres
    Zone code
    CR
    Property type
    Banks
    APN
    073W34CD01802
    APU
    073W34CD01802

    Description

    This 3,612 square foot standalone retail building in Salem, Oregon, is available for lease. Located at 2710 Commercial St SE, this single-tenant property offers a prime location with high visibility and traffic counts of 42,950 vehicles daily. The building's former use as a bank provides unique features including a drive-thru, a welcoming lobby, a vault, four private offices, and two restrooms. The interior boasts Class A finishes, such as LED lighting, newer carpet, and updated fixtures. The spacious 21,669 square foot lot provides ample parking and outdoor space. The Mixed Use III zoning allows for a variety of uses, making it ideal for professional retail or office tenants seeking a high-traffic location. The property is conveniently situated within walking distance of numerous businesses and retailers, further enhancing its appeal and accessibility. This well-maintained building presents a fantastic opportunity for a business seeking a prominent presence in a thriving Salem commercial district. The lease rate is $2.25 per square foot, NNN. The property is located in Marion County, Oregon, zip code 97302.

    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
    -123.045
    Latitude
    44.9147
    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
    $9,273
    $0.00
    $0.00
    $484,130
    -
    $440,670
    $43,460
    $484,130

    Comparable in this City

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      7,339 SF

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    • Value Estimation by Request
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      3833 Commercial SE St

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      3833 Commercial SE St, Salem, OR 97302-3834
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      3,789 SF

      4545 Commercial SE St

      FINANCIAL BUILDING • 3,789 SF
      4545 Commercial SE St, Salem, OR 97302-3917
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    • Value Estimation by Request
      4,789 SF

      3485 Commercial SE St

      FINANCIAL BUILDING • 4,789 SF
      3485 Commercial SE St, Salem, OR 97302-4667
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    • Value Estimation by Request
      2,991 SF

      3305 Commercial SE St

      FINANCIAL BUILDING • 2,991 SF
      3305 Commercial SE St, Salem, OR 97302-4633
      View Details
    • Value Estimation by Request
      0.19 Acres

      2086 Msn SE St

      FINANCIAL BUILDING • 0.19 Acres
      2086 Msn SE St, Salem, OR 97302
      View Details

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    • Contact for pricing
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    2710 Commercial St
    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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