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    2089 Silver Falls Dr Silverton, OR 97381
    Property profile & analytics

    2089 Silver Falls Dr Silverton, OR 97381

    View on Map
    • Commercial real estate
    • 440.00 lot acres
    Off-Market
    Property ID
    US71-0899712
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 2089 Silver Falls Dr

    Lot size
    440.00 lot acres
    Property type
    Commercial real estate
    APN
    538810,538838,538839,538819,538830,538831,538832

    Description

    This exceptional 440-acre property near Silverton, Oregon, presents a unique investment opportunity. Zoned EFU and FT, this expansive land boasts abundant natural resources, including fresh water springs and extensive Silver Creek frontage. Mature trees and timber cover the land, providing a secluded and private setting ideal for hunting and recreation. The property is rich with wildlife, including elk, deer, and bear, and offers excellent fishing opportunities in Silver Creek, which features good water flow. Existing gravel roads provide convenient access throughout the acreage. Potential home sites exist, and the current owner has already placed bridge materials on-site, simplifying the construction of a creek crossing. The property's investment highlights include minimal holding costs and the potential for significant returns. Views from the property are also a notable feature. This offering is a truly special property, sold as a whole, with tax parcels not sold separately. Buyer to conduct due diligence. APN: 538810, 538838, 538839, 538819, 538830, 538831, 538832. Asking price: $1,900,000 ($4,310.05/acre). Located at 2089 Silver Falls Dr NE, Silverton, OR 97381.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Silverton
    County
    Marion
    State
    Oregon
    Longitude
    -122.7014449
    Latitude
    44.9559266

    Comparable in this City

    • $4,199,000
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      Large acreage with timber, potential building sites near Salem.
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    • $759,000

      120 Acres Near Abiqua Creek

      120 acres of timberland with creek access near Silverton.
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    • $759,000
      120.00 Acres

      120 Acres Near Silverton, OR

      120 acres of land near Salem and Silverton, Oregon.
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    • $430,000
      28.25 Acres

      Silverton Land with Approved Building

      28.25 acres near Silverton, OR with approved building site.
      Powers Creek Loop Rd N, Silverton, OR 97381
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    • $450,000

      Buildable Lot with Creek Frontage

      Flat, buildable lot featuring creek frontage and well.
      17857 S Abiqua Rd, Silverton, OR 97381
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    • $439,000

      Acreage Near Silverton with CUP

      28.25 acres with county-approved building site east of Silverton.
      Powers Crk North, Silverton, OR 97381
      View Details

    Similar Nearby for Sale

    • $4,199,000
      460.00 Acres

      460 Acres Near Silverton, Oregon

      Large acreage with timber, potential building sites near Salem.
      Large Abiqua Dam Rd, Silverton, OR 97381
      View Details
    • $759,000

      120 Acres Near Abiqua Creek

      120 acres of timberland with creek access near Silverton.
      000 Abiqua Dam Rd, Silverton, OR 97381
      View Details
    • $759,000
      120.00 Acres

      120 Acres Near Silverton, OR

      120 acres of land near Salem and Silverton, Oregon.
      SMALL Abiqua Dam Rd, Silverton, OR 97381
      View Details
    • $430,000
      28.25 Acres

      Silverton Land with Approved Building

      28.25 acres near Silverton, OR with approved building site.
      Powers Creek Loop Rd N, Silverton, OR 97381
      View Details
    • $450,000
      1.35 Acres

      Silverton Buildable Lot with Creek

      1.35 acre lot with creek frontage and well.
      17857 South Abiqua Rd NE, Silverton, OR 97381
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    • New
      $375,000
      31.65 Acres

      Silverton, Oregon Timber/Forest Land

      31.65 acres with Silver Creek frontage, recreation site.
      Lewis Cemetery Rd, Silverton, OR 97381
      View Details

    Similar Nearby for Lease

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    • $0.47 SF/Yr

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      8,064 SF

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    • Contact for pricing
      10,000 SF

      Retail Space in Silverton Plaza

      Retail space available in Silverton Plaza anchored by Safeway.
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    Silverton, OR 97381
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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    2089 Silver Falls Dr, Silverton, OR, 97381
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