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    Property profile & analytics

    2015 Commercial NE St Salem, OR 97301-0711

    • Office buildings
    • 1,064 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0970061
    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

    • Sunco Homes & Remodeling / Home Builder

    Property Details for 2015 Commercial NE St

    Year built
    1925
    Lot size
    0.15 lot acres
    Property size
    1,064 SF
    Zone code
    IC
    Property type
    Office buildings
    APN
    073W15DA13500
    APU
    073W15DA13500

    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
    -123.033
    Latitude
    44.9587
    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
    2023
    $1,821
    $0.00
    $0.00
    $92,790
    -
    $58,980
    $292,610
    $351,590

    Comparable in this City

    • Value Estimation by Request
      0.06 Acres

      1020 Jefferson NE St

      OFFICE BUILDING • 0.06 Acres
      1020 Jefferson NE St, Salem, OR 97301
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    • Value Estimation by Request
      0.12 Acres

      1854 State St

      OFFICE BUILDING • 0.12 Acres
      1854 State St, Salem, OR 97301
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    • Value Estimation by Request
      0.15 Acres

      2395 Liberty NE St

      OFFICE BUILDING • 0.15 Acres
      2395 Liberty NE St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      0.43 Acres

      Salem, OR 97301

      OFFICE BUILDING • 0.43 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      2,558 SF

      1070 Broadway NE St

      OFFICE BUILDING • 2,558 SF
      1070 Broadway NE St, Salem, OR 97301-1276
      View Details
    • Value Estimation by Request
      29,246 SF

      1011 Commercial NE St

      OFFICE BUILDING • 29,246 SF
      1011 Commercial NE St, Salem, OR 97301-1049
      View Details

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    Similar Nearby for Lease

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      Renovated historic office building in Salem, Oregon available for lease.
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      Premier office space in Salem's business and government hub.
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    2015 Commercial NE St
    Salem, OR 97301-0711
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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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