Financial
Distress signals
Property profile

3923 Old Salem Rd NE Albany, OR 97321

FOR SALE
Industrial properties
Property ID
US71-0508594
1,872 SF 9 ac lot Built 1980
Last sale Sep 2021 · $2,541,250
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$22k
Tax billed · 2023
Assessed value$1.44M
Effective rate1.56%

Value estimate

· Sep 2026
$3.13M
$2.81M – $3.44M
NOI build-up
Gross scheduled income$251k
Vacancy & credit loss−$10k
Operating expenses−$36k
NOI · 5.33% cap applied$205k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
5.33%
$205k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLINN

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant9.9
Auto Parts Store9.7
Building Supply9.3

Location

3923 Old Salem Rd NE Albany, OR 97321
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5253 Old Salem NE, Albany, OR 97321-7340 $880,000 May 2025 6,161 SF
30199 Hwy 34th SW, Albany, OR 97321 $750,000 Nov 2022 1,152 SF
30245 Hwy 34th SW, Albany, OR 97321 $360,000 Sep 2022 4,490 SF
30191 Hwy 34th SW, Albany, OR 97321-9432 $412,000 Aug 2021 3,200 SF
1415 Old Salem NE, Albany, OR 97321 $65,000 Oct 2018 680 SF
38471 Groshong NE, Albany, OR 97321-9524 $2,557,780 Oct 2018 6,000 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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