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Property profile & analytics
OFF-MARKET
Residential income homes

1555 20Th St Salem, OR 97302

1.84 ac lot
Property ID
US71-0316921
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a diverse portfolio of seven buildings situated on a 1.842-acre lot in Salem, Oregon's Marion County, specifically zoned I-G. The portfolio includes a 3,110 sq ft office building featuring a reception area, ADA ramp, central air, four offices, a conference room, and storage rooms; a 3,900 sq ft warehouse with a 700 sq ft loft, generator, tankless water heater, exhaust fan, and bathroom; a 1,800 sq ft cement shop equipped with two 15-foot roll-up doors, an office, 220 power, and an Empire sandblaster; a 720 sq ft shop with a 20-foot slider door; a 700 sq ft storage shop with a roll-away door; and two residential units, one measuring 999 sq ft with two bedrooms and one bath, and another at 768 sq ft with two bedrooms and one bath. Additionally, the property includes six vacant lots zoned I-G/CMSC, representing prime industrial land. The asking price for this unique portfolio is $2,299,327. The property features two dock-high doors and is a Class B building with two stories. This portfolio presents a compelling owner-user opportunity with significant potential. The seller is open to owner financing with favorable terms.

Property profile
Verified
Property type Residential income homes
Lot 1.84 ac (80,238 SF)
UPID US71-0316921
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
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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