Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

466 Ct NE St 410 Salem, OR 97301

OFF-MARKET
Investment properties
Property ID
US71-0430244
1,638 SF Built 1900
Last sale Mar 2023 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 4,520 square foot, two-story commercial property located at 466 Court St NE, Salem, OR 97301, presents a unique investment or owner-user opportunity. Built in 1900 and situated on a 0.4-acre lot, this Class B building boasts a permitted CB zoning. The property has undergone a complete renovation, including new plumbing, electrical, HVAC systems, and flooring. The main floor features two distinct restaurant spaces; one currently houses a new fine dining establishment and bar,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$144k
Effective rate1.96%

Value estimate

· Oct 2026
$1.47M
$1.32M – $1.62M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$105 – $440
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CB
CHAPTER 524. - CB-CENTRAL BUSINESS DISTRICT Sec. 524.001. - Purpose. The purpose of the Central Business District (CB) Zone is to impleme...
General categoryCOMMERCIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.4
HVAC Service9.2
Dry Cleaner8.9

Location

466 Ct NE St, Unit 410 Salem, OR 97301-3638
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
379 State, Salem, OR 97301-3533 $650,000 Jan 2025 6,080 SF
156 Frnt St Nec-2, Salem, OR 97301-3479 $615,000 Dec 2021 2,435 SF
405 Ct NE, Salem, OR 97301-3639 $250,000 Sep 2021 5,698 SF
135 19th SE, Salem, OR 97301-8884 $38,000 Apr 2021 2,145 SF
3882 State, Salem, OR 97301-5320 $194,750 Aug 2019 5,736 SF
575 Trade St Sec-1, Salem, OR 97301-3720 $395,000 Nov 2018 890 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 466 Ct NE St, Unit 410?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again