Property profile

1150 Hawthorne NE Ave Salem, OR 97301

OFF-MARKET
Automotive properties
Property ID
US71-0279889
22,615 SF 2.5 ac lot Built 1973
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1973
Total area 22,615 SF
Lot 2.5 ac (108,900 SF)
Zoning code CR
APN 073W24DA00300
UPID US71-0279889

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
  • Car Dealership

Location

1150 Hawthorne NE Ave Salem, OR 97301-2838
Salem metro Census 703 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.94M
Blend (final) Blend
$3.68M

Owner & transaction history

Zoning & alternative use

CR · Salem, OR
Zoning description

The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. Th…

General category COMMERCIAL

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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