Financial
Distress signals
Property profile

1667 Ctr NE St Salem, OR 97301

OFF-MARKET
Other commercial real estate
Property ID
US71-0485033
2,240 SF 0.11 ac lot Built 1940
Last sale May 2025 · $340,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

1667 Center St NE in Salem, Oregon is a mixed-use property with a MU-1 zoning designation that supports office, restaurant, and retail uses. The available space includes building improvements such as a replaced roof, mini-split heating and air conditioning systems, a bathroom, and interior finishes including fresh paint. The space is configured for a mix of permitted commercial uses, and tenant improvements are treated as a negotiable component while the building’s interior and exterior maintenance is handled by the landlord.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$140k
Effective rate1.96%

Value estimate

· Sep 2026
$385k
$347k – $424k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$105 – $440
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through th...
General categoryCOMMERCIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner10.0
Food Market9.6
Laundry Service9.5

Location

1667 Ctr NE St Salem, OR 97301-4268
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1131 Lancaster NE, Salem, OR 97301-2934 $995,000 Feb 2026 3,640 SF
615 High NE, Salem, OR 97301-2489 $800,000 May 2025 2,429 SF
1311 Liberty NE, Salem, OR 97301-6429 $400,000 May 2025 3,200 SF
1890 Capitol NE, Salem, OR 97301-7859 $248,000 Mar 2025 1,440 SF
1880 Lana NE, Salem, OR 97301-0116 $720,000 Oct 2024 1,704 SF
1144 Ctr NE, Salem, OR 97301-2523 $782,500 Mar 2024 3,382 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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