Financial
Distress signals
Property profile

1110 Wallace NW Rd Salem, OR 97304

OFF-MARKET
Banks
Property ID
US71-0976133
3,918 SF 0.71 ac lot Built 1990
Last sale Jul 1990 · $297,294
Entity Owned Owner of record is a legal entity (LLC / corporation). 36-yr Hold Held for 36 years. 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?
$24k
Tax billed · 2023
Assessed value$1.25M
Assessed land$592k
Assessed improvement$656k
Effective rate1.88%

Value estimate

· Sep 2026
$770k
$693k – $847k
AI approach$770k

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
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service10.6
Plumbing Service9.7
HVAC Service9.6

Location

1110 Wallace NW Rd Salem, OR 97304-3116
County assessor Recorded deeds · 1 transfer 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
1172 Edgewater NW, Salem, OR 97304-4048 $125,000 Jan 2026 2,450 SF
735 Edgewater St Nw Ste, Salem, OR 97304-3870 $425,000 Apr 2025 10,344 SF
2591 Wallace NW, Salem, OR 97304-1413 $4,400,000 Dec 2023 3,036 SF
2465 Salem Dallas NW, Salem, OR 97304-4512 $1,190,000 Apr 2023 7,400 SF
1120 Edgewater NW, Salem, OR 97304-4048 $350,000 Sep 2022 2,460 SF
113 50th NW, Salem, OR 97304-3219 $26,000 Jan 2021 3,932 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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