Financial
Distress signals
Property profile

1740 22nd SE St Salem, OR 97302

OFF-MARKET
Warehouses
Property ID
US71-0478736
10,018 SF 0.54 ac lot Built 1981
Last sale Aug 2016 · $387,500
Trust Owned Owner of record is a trust. 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional industrial property, located at 1740-1758 22nd St SE, Salem, OR 97302, offers 10,018 square feet of versatile space, ideal for warehouse, R&D, or flex operations. The building, constructed in 1981, features four suites, with a minimum divisible space of 1,050 square feet and a maximum contiguous space of 2,500 square feet currently available. The property boasts a 14-foot ceiling height, providing ample vertical space for storage or equipment. The zoning is IG. Situated in…

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?
$10k
Tax billed · 2023
Assessed value$507k
Effective rate1.96%

Value estimate

· Sep 2026
$525k
$473k – $578k
Submarket $/SF estimate$2.11M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$243/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$117 – $343

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?
IG
Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications ...
General categoryINDUSTRIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Pharmacy
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pharmacy16.7
Hair Salon16.0
Clothing Store14.0

Location

1740 22nd SE St Salem, OR 97302-1255
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2551 Pringle SE, Salem, OR 97302-1531 $5,325,000 Feb 2026 10,000 SF
1620 Oxford SE, Salem, OR 97302-1440 $1,600,000 May 2025 12,330 SF
Salem, OR 97302 $2,000,000 Mar 2024 7,380 SF
2135 Davcor SE, Salem, OR 97302 $260,000 Apr 2023 9,000 SF
3080 25th SE, Salem, OR 97302-1140 $1,825,000 Dec 2022 10,609 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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