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Property profile & analytics
OFF-MARKET
Estimated value
$3,585,000
Investment properties
102 Liberty NE St Salem, OR 97301-3953
Entity Owned
5-yr Hold
Free & Clear
Property ID
US71-0462635
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1916
Total area
15,893 SF
Lot
0.32 ac (13,939 SF)
Zoning code
CB
APN
073W27AB05200
UPID
US71-0462635
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Ricky's Bubbles &Sweets Shoppe Specialty Food Shop Candy Store
-
St. Urban Cellars Wine & Bottle Shop Specialty Food Shop Wine and Liquor Store
-
Diversified Financial Benefits Financial Advisor
-
aocmhp Medical Clinic
-
Archive Coffee & Bar Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.58M
Blend (final)
Blend
$3.59M
Owner & transaction history
Mcgilchrist Roth Buildings LLC · 5 yrs held
Mcgilchrist Roth Buildings LLC
since 2021
7 recorded transactions
Zoning & alternative use
CB · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$5.7M
+26.2%
Medical building
$5.4M
+19.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,500,000
Current use
AUTO REPAIR, GARAGE
$5,675,000
Change: +26% · Conversion: Difficult
MEDICAL BUILDING
$5,370,000
Change: +19% · Conversion: Easy
OFFICE BUILDING
$4,090,000
Change: -9% · Conversion: Easy
RETAIL STORES
$3,915,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$3.59M
Range $3.23M – $3.94M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$226 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$18,933
Tax year 2023
Assessed value
$964,630
Assessed 2023
Previous assessed
$487,590
+97.8% YoY
Effective rate
1.96%
On assessed value
Land market value
$412,380
Improvement market value
$2,670,660
Total market value
$3,083,040
Applied tax rate
24,970.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1916
Heating
NONE
Stories
1
Total area
15,893 SF
Lot
0.32 ac (13,939 SF)
Zoning code
CB
APN
073W27AB05200
UPID
US71-0462635
Jurisdiction
MARION
Zoning & alternative use
CB · Salem, OR
Zoning CB · permitted uses
CB · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.5M
AUTO REPAIR, GARAGE
Est. value
$5.7M
MEDICAL BUILDING
Est. value
$5.4M
OFFICE BUILDING
Est. value
$4.1M
RETAIL STORES
Est. value
$3.9M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1916
Heating
NONE
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Mcgilchrist Roth Buildings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 5517, SALEM, OR 97304-0517
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2021
—
Mcgilchrist Roth Buildings LLC
David E Steffen
Warranty Deed
related
—
Mar 29, 2021
$325,000
David E Steffen
Gayle Caldarazzo-doty
Grant Deed
—
Aug 5, 2020
—
Douglas W Doty
Caldarazzo Doty Living Trust
Quit Claim Deed
related
—
Oct 22, 2019
—
Mcgilchrist Roth Buildings LLC
—
Deed
related
—
Mar 9, 2018
—
Mcgilchrist Roth Buildings LLC
—
Deed
related
—
Aug 1, 2014
—
Mcgilchrist Roth Buildings LLC
—
Trustees Deed
related
$1,375,000 · Pioneer Tr Bk
Jun 24, 2013
—
Mcgilchrist Roth Buildings LLC
—
Trustees Deed
related
$260,000 · Pioneer Trust Bank NA
Jan 31, 2013
$870,000
Mcgilchrist Roth Buildings LLC
Bednarz Miriam L Trust
Grant Deed
$4,200,000 · Pioneer Trust Bank NA
Jun 29, 2012
—
Bednarz Bernard F Trust 1
Bednarz Bernard F Trust
Quit Claim Deed
related
—
Jul 1, 2005
—
Bednarz Bernard F Trust
Derfler Eugene Trust
Grant Deed
related
—
—
—
Mcgilchrist Roth Buildings LLC
—
Loan Modification
related
—
—
—
Bednarz Miriam L Family Trust
—
Deed Of Trust
related
$2,900,000 · Pioneer Trust Bank NA
—
—
Mcgilchrist Roth Buildings LLC
—
Loan Modification
related
—
—
—
Mcgilchrist Roth Buildings LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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