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    OFF-MARKET
    Showrooms

    1370 Smith NE St, Salem, OR 97301-0613

    1,712 SF 0.22 ac lot Built 1967
    Entity Owned Free & Clear
    Property ID
    US71-0800793
    Property summary
    AI-generated overview

    This North Salem property offers 2,950 square feet of versatile commercial space, ideal for various uses. The main building, totaling 2,150 square feet, features a blend of office and industrial areas, perfect for businesses needing both administrative and storage space. An additional 800-square-foot shop building provides extra storage capacity. The property also includes a sizable yard area. The space is currently entirely vacant and available for lease. Minimum leasable space is 400 square feet, with a maximum contiguous space of 1,150 square feet. The property is zoned MU-I, offering flexibility for a range of businesses. Conveniently located with easy access to Interstate 5 and downtown via Portland Road. The lease rate is $0.68 per square foot per month, NNN, resulting in a total monthly expense of $2,336. This presents a unique opportunity for businesses seeking a combination of office, industrial, and cold storage space in a prime location. The property's size and zoning make it suitable for a variety of commercial enterprises.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1967
    Total area 1,712 SF
    Lot 0.22 ac (9,583 SF)
    Zoning code IC
    APN 073W14DC00200
    UPID US71-0800793
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • MASTERS AUTOBODY COLLISION Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Cmj LLC
    Cmj LLC
    since 2026
    Last sale
    $160,000
    7 recorded transactions
    2026
    $160,000
    2025
    $266,000
    2015
    $160,000
    2013
    2008
    2001
    $50,500
    1977
    $13,500
    Zoning & alternative use
    IC · Salem, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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