Technical
Financial
Distress signals
Property profile

1940 45th NE Ave Salem, OR 97305

OFF-MARKET
Assisted living facilities
Property ID
US71-0705696
56,880 SF 3.44 ac lot Built 1999
Entity Owned 1-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1999
Total area 56,880 SF
Lot 3.44 ac (149,846 SF)
Zoning code RM2; RA
APN 072W19AA04700
UPID US71-0705696

Cap rate & NOI

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

Location

1940 45th NE Ave Salem, OR 97305-1812
Salem metro Census 1702 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2017
Price N/A
1998
$300,000

Zoning & alternative use

RM2; RA · Salem, OR

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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