Property profile

1401 1st St Silverton, OR 97381

OFF-MARKET
Warehouses
Property ID
US71-0524901
2,592 SF 0.64 ac lot Built 1972
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1972
Total area 2,592 SF
Lot 0.64 ac (27,878 SF)
Zoning code IP
APN 061W27DA02300
UPID US71-0524901

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

1401 1st St Silverton, OR 97381-1186
Silverton metro Census 10503 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$860k
CAP Approach CAP
by Request
Comparable Approach Comparable
$612k
Blend (final) Blend
$860k

Owner & transaction history

since 2024
Last sale
$860,000
3 recorded transactions
2024
$860,000
1992
$284,048
1969
Price N/A

Zoning & alternative use

IP · Silverton, OR
Zoning description

It is intended to provide for appropriate locations for combining light manufacturing, office and small scale commercial uses (restaurants, personal services and fitness centers) in a campus like setting.

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $925,000 +85.7%
Medical building $835,000 +67.2%
Office building $710,000 +42.2%

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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