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    Property profile & analytics

    1560 State St Salem, OR 97301

    • Banks
    • 0.43 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0535043
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Banks

    Property Details for 1560 State St

    Lot size
    0.43 lot acres
    Zone code
    MUI
    Property type
    Banks
    APN
    073W26BD07500
    APU
    073W26BD07500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.022
    Latitude
    44.9352
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,220
    $0.00
    $0.00
    $164,040
    -
    $178,040
    $50,650
    $228,690

    Comparable in this City

    • Value Estimation by Request
      8,344 SF

      110 Hawthorne SE Ave

      FINANCIAL BUILDING • 8,344 SF
      110 Hawthorne SE Ave, Salem, OR 97301-5054
      View Details
    • Value Estimation by Request
      0.29 Acres

      Salem, OR 97301

      FINANCIAL BUILDING • 0.29 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      34,256 SF

      302 State St

      FINANCIAL BUILDING • 34,256 SF
      302 State St, Salem, OR 97301-3532
      View Details
    • Value Estimation by Request
      36,603 SF

      416 State St

      FINANCIAL BUILDING • 36,603 SF
      416 State St, Salem, OR 97301-3648
      View Details
    • Value Estimation by Request
      3,936 SF

      1565 Lancaster NE Dr

      FINANCIAL BUILDING • 3,936 SF
      1565 Lancaster NE Dr, Salem, OR 97301-1963
      View Details
    • Value Estimation by Request
      4,578 SF

      1940 Fairgrounds NE Rd

      FINANCIAL BUILDING • 4,578 SF
      1940 Fairgrounds NE Rd, Salem, OR 97301-0603
      View Details

    Similar Nearby for Sale

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      Corner lot with access from two streets in Salem, OR.
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      High Visibility Location on State

      13,270 SF retail property in Salem for sale.
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      Modern Retail Building For Sale

      1,900 SF retail building built in 2018, great exposure.
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    Similar Nearby for Lease

    • $1.25 SF/Yr
      2,077 SF

      Retail Space in Busy Center

      Retail showroom with storage in a patrolled shopping center.
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    • $1.75 SF/Yr
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      New Retail/Office Space Available

      New construction retail or office space in prime downtown location.
      454 Church St NE, Salem, OR 97301
      View Details
    • $1.70 SF/Yr
      58,492 SF

      Historic Retail Space for Rent

      Unique retail spaces in a vibrant, historic Salem center.
      1313 Mill St SE, Salem, OR 97301
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    • $1.25 SF/Yr
      265 SF

      Retail Space Available For Lease

      Retail space for lease featuring shared restroom and client access.
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      View Details
    • $1,600 /Mo
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      Retail Space in Salem, Oregon

      800 SF retail space available for lease near downtown.
      649 High St NE, Salem, OR 97301
      View Details
    • $9 SF/Yr
      30,000 SF

      Retail/Flex Building with Showroom

      Retail/flex building with showroom and high visibility available for lease.
      3515 Del Webb Ave NE, Salem, OR 97301
      View Details
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    1560 State St
    Salem, OR 97301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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