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    Property profile & analytics

    1112 Ctr NE St Salem, OR 97301

    • Drive through restaurants
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 05, 2025
    Location Intelligence
    Property ID
    US71-0858575
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Drive through restaurants

    Property Details for 1112 Ctr NE St

    Lot size
    0.19 lot acres
    Zone code
    CR
    Property type
    Drive through restaurants
    APN
    073W26BB01200
    APU
    073W26BB01200

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.027
    Latitude
    44.9403
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $8,076
    $0.00
    $0.00
    $411,480
    -
    $132,000
    $396,950
    $528,950

    Comparable in this City

    • Value Estimation by Request
      5,390 SF

      1011 Lancaster NE Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,390 SF
      1011 Lancaster NE Dr, Salem, OR 97301-2932
      View Details
    • Value Estimation by Request
      5,271 SF

      1112 Ctr NE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 5,271 SF
      1112 Ctr NE St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      0.28 Acres

      1100 39th Ave Neblk

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.28 Acres
      1100 39th Ave Neblk, Salem, OR 97301-2919
      View Details
    • Value Estimation by Request
      0.32 Acres

      Salem, OR 97301

      DRIVE-THRU RESTAURANT, FAST FOOD • 0.32 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      2,636 SF

      641 Lancaster NE Dr

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,636 SF
      641 Lancaster NE Dr, Salem, OR 97301-4733
      View Details
    • Value Estimation by Request
      952 SF

      3239 Market NE St

      DRIVE-THRU RESTAURANT, FAST FOOD • 952 SF
      3239 Market NE St, Salem, OR 97301-1816
      View Details

    Similar Nearby for Sale

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      9,950 SF

      Downtown Salem Retail Gem

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      Iconic Salem building, 30,937 sq ft, prime location.
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    • $695,000
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      Established Coffee Shop For Sale

      Profitable coffee shop with equipment and inventory in prime location.
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    • $4,575,000
      38,450 SF

      Historic Mixed-Use Building in Salem

      38,450 SF historic building with office, retail, and event spaces.
      181-195 High St NE, Salem, OR 97301
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    • $2,950,000
      39,935 SF

      Salem Shopping Center Investment Opportunity

      Mixed-use retail & warehouse, 39,935 SF
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    • $1,200,000

      Retail Property For Sale

      Retail property available for purchase in Salem, Oregon.
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    Similar Nearby for Lease

    • $18 SF/Yr
      38,450 SF

      Salem's Historic Grand Office Space

      Downtown Salem Office Suites, Flexible Sizes
      181 High St, Salem, OR 97301
      View Details
    • $9 SF/Yr
      10,454 SF

      Downtown Salem Retail Opportunity

      Eclectic mixed-use building, 30 spaces available
      155 Liberty St, Salem, OR 97301
      View Details
    • $22 SF/Yr
      44,960 SF

      Academy Square Retail Center

      Salem, OR: Prime Retail Space Available
      922 Lancaster Dr, Salem, OR 97301
      View Details
    • $9 SF/Yr
      30,000 SF

      Retail/Flex Building with Showroom

      Retail/flex building with showroom and high visibility available for lease.
      3515 Del Webb Ave NE, Salem, OR 97301
      View Details
    • $1,600 /Mo
      800 SF

      Retail Space in Salem, Oregon

      800 SF retail space available for lease near downtown.
      649 High St NE, Salem, OR 97301
      View Details
    • $1.25 SF/Yr
      265 SF

      Retail Space Available For Lease

      Retail space for lease featuring shared restroom and client access.
      752-758 Hawthorne Ave NE, Salem, OR 97301
      View Details
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    1112 Ctr NE St
    Salem, OR 97301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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