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    Property profile & analytics

    1194 Ctr NE St Salem, OR 97301-2523

    • Office buildings
    • 1,474 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0976682
    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

    • Deems Inc / Property Management Company

    Property Details for 1194 Ctr NE St

    Year built
    1949
    Lot size
    0.04 lot acres
    Property size
    1,474 SF
    Zone code
    CR
    Property type
    Office buildings
    APN
    073W26BB00200
    APU
    073W26BB00200

    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
    -123.026
    Latitude
    44.9402
    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
    $4,142
    $0.00
    $0.00
    $211,050
    -
    $49,560
    $209,290
    $258,850

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      Salem, OR 97301

      OFFICE BUILDING • 0.17 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      31,398 SF

      1241 State St

      OFFICE BUILDING (MULTI-STORY) • 31,398 SF
      1241 State St, Salem, OR 97301-4156
      View Details
    • Value Estimation by Request
      216 SF

      386 State St

      OFFICE BUILDING (MULTI-STORY) • 216 SF
      386 State St, Salem, OR 97301
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    • Value Estimation by Request
      8,000 SF

      1331 Tandem Ave Nec

      OFFICE BUILDING • 8,000 SF
      1331 Tandem Ave Nec, Salem, OR 97301-0379
      View Details
    • Value Estimation by Request
      3,029 SF

      1235 Woodrow NE St

      OFFICE BUILDING • 3,029 SF
      1235 Woodrow NE St, Salem, OR 97301-0614
      View Details
    • Value Estimation by Request
      29,264 SF

      528 Cottage NE St

      OFFICE BUILDING • 29,264 SF
      528 Cottage NE St, Salem, OR 97301-3811
      View Details

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    Similar Nearby for Lease

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      Sophisticated Office Space in Salem

      Premier office space in Salem's business and government hub.
      1241 State St, Salem, OR 97301
      View Details
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    1194 Ctr NE St
    Salem, OR 97301-2523
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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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