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Financial
Distress signals
Property profile

101 Lancaster NE Dr Salem, OR 97301

OFF-MARKET
Auto shops
Property ID
US71-0469240
2,498 SF 0.24 ac lot Built 1985
Last sale Mar 1986 · $125,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

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

Debts

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?
$8k
Tax billed · 2023
Assessed value$547k
Effective rate1.51%

Value estimate

· Oct 2026
$455k
$410k – $501k
Submarket $/SF estimate$1.16M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$357/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$153 – $485

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 Supply25.8

Location

101 Lancaster NE Dr Salem, OR 97301-5110
County assessor Recorded deeds · 4 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

15 properties nearby
Recent sales nearby
No comparable recorded sale in this ZIP
No comparable recorded sale in this ZIP. Our records hold no sale here we could set beside this property for the last 8 years. They are neighbours, not transactions.
Comparable nearby
3 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $810,000
    2,432 SF
    615 Liberty NE St
    AUTO REPAIR, GARAGE
    615 Liberty NE St, Salem, OR 97301-1058
    View Details
  • Value Estimation
    $1,635,000
    3,686 SF
    260 Lancaster NE Dr
    AUTO REPAIR, GARAGE
    260 Lancaster NE Dr, Salem, OR 97301-5111
    View Details
  • Value Estimation
    $1,560,000
    4,681 SF
    2776 Militia SE Way
    AUTO REPAIR, GARAGE
    2776 Militia SE Way, Salem, OR 97301
    View Details

Similar Nearby for Sale

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  • New
    Contact for pricing
    3,123 SF
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  • Contact for pricing
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  • $945,000
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    Signalized corner property with showroom, office, open-room, and kitchen areas inside a fully fenced commercial site.
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  • New
    $1,100,000
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    For sale as-is with two buildings totaling 6,212 SF and flexible zoning supporting multiple commercial uses.
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  • Contact for pricing
    7,200 SF
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    Leased 7,200 SF retail strip center on 0.55 acres with multiple established tenants and on-site parking.
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Similar in This City for Lease

  • Contact for pricing
    2,791 sqft
    Flex Space with Fenced Yard
    Flex space with an open, naturally lit retail area, roll-up door, and fenced yard, zoned Commercial General with shared parking.
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  • New
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    2,791 sqft
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    Retail suite includes an open showroom, natural light, a warehouse area with roll-up door, plus office and restroom.
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  • Contact for pricing
    1,984 sqft
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  • New
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    1,900 sqft
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    Automotive bay shop with a hoist, four private offices, two restrooms, and ductless HVAC.
    4045 State St, Salem, OR 97301
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  • Contact for pricing
    4,200 sqft
    Inline Retail Space
    Inline retail space available with tenant improvement options and estimated NNN charges listed in the asking terms.
    1420 Lancaster Dr NE, Salem, OR 97301
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  • Contact for pricing
    1,460 sqft
    Retail Space with Glass Roll-Up Doors
    Retail/office flex space in a mixed-use development with skylights, secure restrooms, and 24/7 on-site security.
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