Property profile

1946 Commercial NE St Salem, OR 97301

OFF-MARKET
Warehouses
Property ID
US71-0597767
2,000 SF 0.15 ac lot Built 1994
Entity Owned Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1994
Total area 2,000 SF
Lot 0.15 ac (6,534 SF)
Zoning code CG
APN 073W15DD02100
UPID US71-0597767

Cap rate & NOI

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

Location

1946 Commercial NE St Salem, OR 97301-0745
Salem metro Census 300 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$465k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
1993
$17,950

Zoning & alternative use

CG · Salem, OR
Zoning description

The purpose of the General Commercial (CG) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.

General category COMMERCIAL

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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