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Property profile

100 Lancaster NE Dr Salem, OR 97301

OFF-MARKET
Gas stations
Property ID
US71-0499431
2,592 SF 0.53 ac lot Built 1982
Last sale Jul 1980 · $134,550
Entity Owned Owner of record is a legal entity (LLC / corporation). 32-yr Hold Held for 32 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a hard-corner retail site located at the intersection of Lancaster Drive and State Street in Salem, Oregon, with access provided by a signalized intersection. The site is positioned across from a Walgreens location and is within the broader retail area that includes nearby tenants such as Dick’s Sporting Goods, O’Reilly Auto Parts, and Cycle Gear. Major retail destinations in the surrounding trade area include WinCo, Coastal Farm, Sportsman’s Warehouse, Target, CarMax, and Regal…

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?
$16k
Tax billed · 2023
Assessed value$1.11M
Effective rate1.48%

Value estimate

· Nov 2026
$590k
$531k – $649k

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?

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

Zoning insight

What can be built here?
CR
The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through th...
General categoryCOMMERCIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency37.3
Law Firm28.6
Building Supply26.7

Location

100 Lancaster NE Dr Salem, OR 97301-5109
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1516 Capitol NE, Salem, OR 97301-7853 $1,320,000 Apr 2023 2,497 SF
1350 Hawthorne NE, Salem, OR 97301-2487 $5,500,000 May 2022 4,820 SF
3820 Portland NE, Salem, OR 97301-0314 $950,000 Mar 2021 2,497 SF
210 Capitol NE, Salem, OR 97301-4028 $957,690 Jun 2020 2,196 SF
2979 Market NE, Salem, OR 97301-1646 $133,000 Jun 2020 2,765 SF
2255 Commercial NE, Salem, OR 97301-0715 $1,240,000 Jun 2019 2,485 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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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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