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    Property profile & analytics

    1174 Edgewater NW St Salem, OR 97304-4048

    • Specialty properties
    • 3,101 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    $435,000
    Location Intelligence
    Property ID
    US71-0685687
    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

    • Jennifer Bruton - West Salem Animal Clinic / Veterinarian
    • Lucie Crane - West Salem Animal Clinic / Veterinarian
    • Beth Marszewski / Veterinarian / Animal Hospital
    • Michael Sirianni - West Salem Animal Clinic / Veterinarian
    • West Salem Animal Clinic / Veterinarian / Animal Hospital

    Property Details for 1174 Edgewater NW St

    Year built
    1980
    Lot size
    0.16 lot acres
    Property size
    3,101 SF
    Zone code
    CR
    Property type
    Specialty properties
    APN
    07321-DC-06300
    APU
    07321DC06300

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $435,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $435,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $470,000
      Geo Method
      $490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $495,000
      Mixed-Use
      $495,000
      Hospitality
      $550,000
      Educational
      $425,000
      Residential Income
      $530,000
      Energy
      $490,000
      Income-Based Land
      $500,000
      Food Service
      $515,000

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Polk
    State
    Oregon
    Longitude
    -123.058
    Latitude
    44.9405
    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
    $5,455
    $52,200
    $237,210
    $289,410
    -
    $229,810
    $411,620
    $641,430

    Comparable in this City

    • Value Estimation
      $590,000
      8,051 SF

      201 Oak Grv NW Rd

      FUNERAL HOME • 8,051 SF
      201 Oak Grv NW Rd, Salem, OR 97304-9537
      View Details
    • Value Estimation by Request
      27.33 Acres

      4110 Beach Ln

      Farms • 2,869 SF
      4110 Beach Ln, Salem, OR 97304
      View Details
    • Value Estimation
      $510,000
      2,897 SF

      1212 Wallace NW Rd

      VETERINARY, ANIMAL HOSPITAL • 2,897 SF
      1212 Wallace NW Rd, Salem, OR 97304-3008
      View Details
    • Value Estimation by Request
      0.09 Acres

      583 Wallace NW Rd, Unit 585

      VACANT COMMERCIAL LAND • 0.09 Acres
      583 Wallace NW Rd, Salem, OR 97304-3833
      View Details
    • Value Estimation by Request
      0.36 Acres

      811 Edgewater NW St

      INDUSTRIAL - VACANT LAND • 0.36 Acres
      811 Edgewater NW St, Salem, OR 97304-3818
      View Details
    • Value Estimation by Request
      6.91 Acres

      Salem, OR 97304

      VACANT COMMERCIAL LAND • 6.91 Acres
      Salem, OR 97304
      View Details

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      Salem Retail Investment Opportunity

      High-yield retail building, 7,940 SF
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    Similar Nearby for Lease

    • $28 SF/Yr
      14,820 SF

      Westgate Shopping Center: Salem, OR

      High-Visibility Retail Space Available in West Salem
      515 Taggart Dr, Salem, OR 97304
      View Details
    • $0.67 SF/Yr
      2,400 SF

      Retail Space in Salem, Oregon

      Retail space available for lease in Salem, Oregon.
      576 Patterson St NW, Salem, OR 97304
      View Details
    • $1.85 SF/Yr
      1,177 SF

      New Construction Office Space Available

      1,177 SF office space for lease at $1.85/SF/Mo/NNN.
      572 Patterson St NW, Salem, OR 97304
      View Details
    • $19 SF/Yr
      5,622 SF

      Edgewater Retail Space - West Salem

      Prime retail space, two units available.
      1109 Edgewater St, Salem, OR 97304
      View Details
    • Contact for pricing
      1,605 SF

      Retail Space in Salem Center

      Retail space available in contemporary Salem shopping center.
      645 9Th St NW, Salem, OR 97304
      View Details
    • $0.39 SF/Yr
      1,200 SF

      Salem Warehouse and Office Spaces

      ESMU zoned property offering warehouse and office spaces for rent.
      809 Edgewater St NW, Salem, OR 97304
      View Details
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    1174 Edgewater NW St
    Salem, OR 97304-4048
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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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