Property profile

1260 Lewis SE St Salem, OR 97302

OFF-MARKET
Commercial land
Property ID
US71-0859574
0.14 ac lot
Individually Owned Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.14 ac (6,098 SF)
Zoning code IC
APN 073W35BC07300
UPID US71-0859574

Cap rate & NOI

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

Location

1260 Lewis SE St Salem, OR 97302-2829
Salem metro Census 1000 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
by Request
Blend (final) Blend
$150k

Owner & transaction history

since 2026
Last sale
$150,000
3 recorded transactions
2026
$91,476
2023
$150,000
1981
$10,000

Zoning & alternative use

IC · Salem, OR
Zoning description

Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle u…

General category INDUSTRIAL

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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