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    3740 Market St Salem, OR 97301

    • Commercial real estate
    • 166,327 SF
    • 16.02 lot acres
    For Lease
    View listing
    Value Estimation
    Location Intelligence
    Property ID
    US71-0591641
    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

    • Fred Meyer Jewelers / Jewelry Store
    • Coinstar Kiosk - Bitcoin ATM / Atm / Currency Exchange Service
    • Wells Fargo ATM / Atm
    • KeyMe Locksmiths / Key Duplication Service / Emergency Locksmith Service
    • Ria Money Transfer - Fred Meyer / Money Transfer Service

    Property Details for 3740 Market St

    Year built
    1976
    Lot size
    16.02 lot acres
    Property size
    166,327 SF
    Zone code
    CR
    Property type
    Commercial real estate
    APN
    072W19BC03500
    APU
    072W19BC03500

    Description

    This exceptional retail property, located at 3740 Market Street NE in Salem, Oregon, offers a fantastic opportunity for businesses seeking high-visibility locations. The property boasts a total of 181,558 square feet of commercial space, with multiple tenancies available. Currently, there are 4,113 square feet of vacant space ready for immediate occupancy. Individual units range from a minimum of 1,583 square feet to a maximum contiguous space of 2,530 square feet, providing flexibility for various business needs. The property is zoned for Retail Commercial (CR), ensuring a wide range of permitted uses. Situated in Marion County, with a Salem, Oregon 97301 zip code, this location benefits from excellent accessibility and high foot traffic. The property's strategic location offers significant potential for growth and success. This is an ideal opportunity for businesses looking to establish or expand their presence in a thriving Salem market. Contact us today to learn more about leasing options and to schedule a viewing of this remarkable retail space. The property is available for lease.

    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
    -122.986
    Latitude
    44.9488
    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
    $376,999
    $0.00
    $0.00
    $19,682,810
    -
    $6,699,180
    $12,983,630
    $19,682,810

    Comparable in this City

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      0.13 Acres

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      COMMERCIAL (GENERAL) • 0.13 Acres
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    3740 Market St
    Salem, OR 97301
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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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