Property profile

1000 State St Salem, OH 44460

OFF-MARKET
Outlet malls
Property ID
US66-3518485
9,170 SF 0.85 ac lot Built 2017
Individually Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2017
Total area 9,170 SF
Lot 0.85 ac (36,852 SF)
APN 51-05337-002
UPID US66-3518485

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Laboratory
  • Discount Store
  • Bank Credit Union
  • Cinema (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service

Location

1000 State St Salem, OH 44460-2019
Salem metro Census 950700 SALEM, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$567k
Blend (final) Blend
$315k

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2017
Price N/A
2016
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $710,000 +83.8%
Medical building $650,000 +69.0%
Office building $640,000 +65.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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