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    Property profile & analytics

    1600 State St Salem, OR 97301-4257

    • Medical offices
    • 31,707 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 22, 2023
    Location Intelligence
    Property ID
    US71-0897256
    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

    • Hennings Matt / Orthodontist
    • Kevin Bell, PA-C / Physician Assistant / Orthopedic Surgeon
    • Hope Orthopedics: Delbert Zacher, DPT / Orthopedic Surgeon / Sports Medicine Clinic
    • JENNIFER TRUAX / Physical Therapist / Doctor
    • Blachly Kay MD / Physical Therapist

    Property Details for 1600 State St

    Year built
    1977
    Lot size
    1.03 lot acres
    Property size
    31,707 SF
    Zone code
    MUI
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    073W26BD07100
    APU
    073W26BD07100

    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
    -123.021
    Latitude
    44.935
    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
    $83,414
    $0.00
    $0.00
    $4,249,990
    -
    $560,840
    $4,117,560
    $4,678,400

    Comparable in this City

    • Value Estimation by Request
      0.40 Acres

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      2431 Grear NE St

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      2431 Grear NE St, Salem, OR 97301-2749
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      5,616 SF

      631 Jason NE St

      MEDICAL CLINIC • 5,616 SF
      631 Jason NE St, Salem, OR 97301-2357
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    • Value Estimation by Request
      50,372 SF

      2020 Capitol NE St

      MEDICAL CLINIC • 50,372 SF
      2020 Capitol NE St, Salem, OR 97301-0644
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    • Value Estimation by Request
      2,180 SF

      175 17th SE St

      MEDICAL CLINIC • 2,180 SF
      175 17th SE St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      4,400 SF

      1140 Sunnyview NE Rd

      MEDICAL CLINIC • 4,400 SF
      1140 Sunnyview NE Rd, Salem, OR 97301
      View Details

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    Similar Nearby for Lease

    • $575,000
      2,367 SF

      Historic Medical Office Space Available

      Converted home featuring unique interior, suitable for medical office.
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      View Details
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      5,099 SF

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      Turn-key medical office with exceptional views and natural light.
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    • $525,000
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      Professional medical office building with excellent exposure and building signage.
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    • $21 SF/Yr
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      Downtown Office Space Available

      Classic office building with modern updates.
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    • $15 SF/Yr
      1,602 SF

      Downtown Salem Office Suites

      Hip industrial spaces, flexible lease terms.
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    • $17 SF/Yr
      7,141 SF

      Capitol Tower Office Suites in Salem, OR

      Prime Salem Office Space: 6 Suites Available
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      View Details
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    1600 State St
    Salem, OR 97301-4257
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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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