Property profile

1510 12th SE St Salem, OR 97302

OFF-MARKET
Commercial real estate
Property ID
US71-0832815
1,650 SF 0.14 ac lot Built 1967
Trust Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1967
Total area 1,650 SF
Lot 0.14 ac (6,098 SF)
Zoning code CG
APN 073W35BC07000
UPID US71-0832815

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
  • Clothing & Fashion Store
  • (Bike/Boat/Book/etc) Store
  • Insurance Agency

Location

1510 12th SE St Salem, OR 97302-2819
Salem metro Census 1000 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$380k

Owner & transaction history

since 2026
Last sale
$381,000
5 recorded transactions
2026
Price N/A
2024
$381,000
1999
Price N/A
1986
$65,000
1969
Price N/A

Zoning & alternative use

CG · Salem, OR
Zoning description

The purpose of the General Commercial (CG) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.

General category COMMERCIAL

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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