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    Property profile & analytics

    1875 Fisher NE Rd Salem, OR 97305-1028

    • Hotels
    • 31,773 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 15, 2023
    Location Intelligence
    Property ID
    US71-0852503
    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

    • Americas Best Value Inn Salem / Hotel / Motel
    • Cozzzy Inn / Hotel
    • Cozy Inn / Hotel
    • Tanner Project / Social Services Organization

    Property Details for 1875 Fisher NE Rd

    Year built
    1988
    Lot size
    0.92 lot acres
    Property size
    31,773 SF
    Zone code
    CR
    Property type
    Hotels
    APN
    072W19BB06102
    APU
    072W19BB06102

    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
    -122.989
    Latitude
    44.952
    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
    2021
    $11,470
    $0.00
    $0.00
    $0.00
    -
    $264,500
    $2,383,640
    $2,648,140

    Comparable in this City

    • Value Estimation by Request
      7,858 SF

      4646 Portland NE Rd

      HOTEL • 7,858 SF
      4646 Portland NE Rd, Salem, OR 97305-1657
      View Details
    • Value Estimation by Request
      31,863 SF

      3340 Astoria NE Way

      HOTEL • 31,863 SF
      3340 Astoria NE Way, Salem, OR 97305-1667
      View Details
    • Value Estimation by Request
      37,206 SF

      3535 Fisher NE Rd

      HOTEL • 37,206 SF
      3535 Fisher NE Rd, Salem, OR 97305-1419
      View Details
    • Value Estimation by Request
      37.54 Acres

      Salem, OR 97305

      SBE - SPECIAL ASSESSMENTS • 37.54 Acres
      Salem, OR 97305
      View Details
    • Value Estimation by Request
      5.40 Acres

      Salem, OR 97305

      SBE - SPECIAL ASSESSMENTS • 5.40 Acres
      Salem, OR 97305
      View Details
    • Value Estimation by Request
      41.60 Acres

      Salem, OR 97305

      SBE - SPECIAL ASSESSMENTS • 41.60 Acres
      Salem, OR 97305
      View Details

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    Similar Nearby for Lease

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      Retail space available with high traffic and good parking.
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      Retail Space Available For Rent

      Retail space available for lease in Salem, Oregon.
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      Retail space available in high-traffic Salem location.
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    Salem, OR 97305-1028
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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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