Property profile

1151 12th SE St Salem, OR 97302

OFF-MARKET
Warehouses
Property ID
US71-0914686
2,080 SF 0.2 ac lot Built 1960
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1960
Total area 2,080 SF
Lot 0.2 ac (8,712 SF)
Zoning code CG
APN 073W34AA01300
UPID US71-0914686

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1151 12th SE St Salem, OR 97302-2810
Salem metro Census 1200 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

Zoning & alternative use

CG · Salem, OR
Zoning description

The purpose of the General Commercial (CG) 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.

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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