263 CommercialSalem, OR 97301

  • Mixed-use properties
  • 10,099 SF
Off market
$382,480 Estimated

Property Details for 263 Commercial

Year built
1900
Lot size
0.12 AC
Property size (Sq ft)
10,099 SF
Zone code
CB
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
073W27BA02700
APU
073W27BA02700

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,300,590
    6.5%
    $2,123,622
    7%
    $1,971,935
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,465,482
    Geo Method
    $3,014,542
  • Alternative Use

    Use
    Valuation
    Residential
    $2,123,622
    Hospitality
    $1,945,226
    Educational
    $1,618,406
    Medical
    $1,674,065
    Retail
    $2,517,520
263 Commercial, Salem, Oregon
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Location Insight

City
Salem
County
Marion
State
Oregon
Latitude
44.9389
Longitude
-123.042
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
$7,507
-
-
$382,480
-
$151,800
$536,560
$688,360

FAQs

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