Technical
Financial
Distress signals
Property profile

1859 Depot Rd Salem, OH 44460

OFF-MARKET
Commercial land
Property ID
US66-2550181
10,907 SF 4.57 ac lot Built 1969
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1969
Total area 10,907 SF
Lot 4.57 ac (198,895 SF)
APN 50-00114-000
UPID US66-2550181

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

1859 Depot Rd Salem, OH 44460-4358
Salem metro Census 950800 SALEM, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
by Request
Comparable Approach Comparable
$533k
Blend (final) Blend
$645k

Owner & transaction history

since 2026
Last sale
$709,500
3 recorded transactions
2026
Price N/A
2021
$709,500
2017
Price N/A

Zoning & alternative use

Top alternative use upside
Restaurant $845,000 +35.3%
Medical building $775,000 +24.4%
Office building $760,000 +21.8%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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