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Property profile & analytics
OFF-MARKET Estimated value $720,000
Manufacturing properties

2130 Davcor SE St Salem, OR 97302-1510

5,432 SF 0.28 ac lot Built 1994
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US71-0303583
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1994
Total area 5,432 SF
Lot 0.28 ac (12,197 SF)
Zoning code IG
APN 073W35DC02201
UPID US71-0303583
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sexton Precision Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$800k
Comparable Approach Comparable
$771k
Blend (final) Blend
$720k
Owner & transaction history
Lce Investments LLC · 5 yrs held
Lce Investments LLC
since 2020
Last sale
$475,000
5 recorded transactions
2020
$475,000
2012
$350,000
2006
$435,000
2006
$435,000
2006
$390,000
Zoning & alternative use
IG · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding qualification (1) above, zone-to-zone setbacks for buildings and structures are required abutting an alley when the abutting zone across the…

Zone name General Industrial
General category INDUSTRIAL
Zone area 1,702.49 ac
Source code of ordinances
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