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Property profile

1249 Commercial SE St Salem, OR 97302

OFF-MARKET
Office buildings
Property ID
US71-1008966
3,124 SF 0.17 ac lot Built 1924
Last sale Jan 2022 · $375,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$315k
Effective rate1.96%

Value estimate

· Oct 2026No data for this section
What is it worth?

No value estimate could be modeled: the record carries too little market input for this parcel.

Recently sold

What actually traded nearby?
$317/SF
ZIP average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$225 – $406
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through th...
General categoryCOMMERCIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service10.2
Laundry Service9.0
Storage Facility8.6

Location

1249 Commercial SE St Salem, OR 97302-4203
County assessor Recorded deeds · 6 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1760 Liberty SE, Salem, OR 97302-5159 $450,000 Jan 2025 2,112 SF
Salem, OR 97302 $450,000 Oct 2024 3,485 SF
3460 Liberty S, Salem, OR 97302-4607 $2,500,000 Aug 2024 3,340 SF
2603 12th SE, Salem, OR 97302-2154 $55,000 Jan 2024 2,996 SF
1935 Davcor SE, Salem, OR 97302-1146 $236,250 Dec 2023 3,500 SF
3230 Triangle SE, Salem, OR 97302-4506 $539,000 Sep 2022 2,750 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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