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Property profile & analytics
OFF-MARKET
Gas stations
1720 State St, Salem, OR 97301-4341
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0069886
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1997
Total area
1,249 SF
Lot
0.36 ac (15,682 SF)
Zoning code
MUI
APN
073W26AC12000
UPID
US71-0069886
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
Current use
Occupant on record · Public records
-
ARCO Gas Station
-
AMPM Grocery & Convenience Store
-
ATM Atm
-
Sutton Portable Toilet Rental Building Supply
-
GT Inc Roofing Service - Roof Repair New Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Sp Petro LLC · 1 yrs held
Sp Petro LLC
since 2025
6 recorded transactions
Zoning & alternative use
MUI · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$12,653
Tax year 2023
Assessed value
$644,680
Assessed 2023
Previous assessed
$625,910
+3.0% YoY
Effective rate
1.96%
On assessed value
Land market value
$178,540
Improvement market value
$549,750
Total market value
$728,290
Applied tax rate
24,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1997
Heating
NONE
Buildings
2
Stories
1
Total area
1,249 SF
Lot
0.36 ac (15,682 SF)
Zoning code
MUI
APN
073W26AC12000
UPID
US71-0069886
Jurisdiction
MARION
Zoning & alternative use
MUI · Salem, OR
Zoning MUI · permitted uses
MUI · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Buildings
2
Lot
0.36 ac
Current owner
From public records · entity-resolved
Sp Petro LLC
Entity
Mailing address
8305 SW 152ND AVE, BEAVERTON, OR 97007-6656
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2025
$4,300,000
Sp Petro LLC
Rama LLC
Warranty Deed
$3,000,000 · Banner Bank
Nov 25, 2002
$1,100,000
Rama LLC
Dehartb Properties LLC
Grant Deed
$438,750 · California Bank & Trust
Mar 27, 1987
$171,000
Mid Oil Company
Unknown
Grant Deed
—
—
—
Rama LLC
—
Deed Of Trust
related
$350,000 · Riverview Cmnty Bk
—
—
Dehart Properties LLC
—
Deed Of Trust
related
$250,000 · Western Bank
—
—
Dehart Properties LLC
—
Deed Of Trust
related
$410,000 · Arco Products Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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