Financial
Distress signals
Property profile

2160 Davcor St Salem, OR 97302

FOR SALE
Other warehouses
Property ID
US71-0426022
9,000 SF 0.62 ac lot Built 1979
Last sale Feb 2016 · $705,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This shop and office facility totals approximately 3,300 square feet and is zoned IG. The front office area is approximately 1,438 square feet and includes three private offices, a breakroom, and a large open work area. The shop portion is approximately 1,862 square feet and includes two additional private offices, two storage rooms, and a large mezzanine office. The property is equipped with a 10-foot roll-up door on the side near a dock-high ramp. Electrical service includes 200 amp power,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$11k
Tax billed · 2023
Assessed value$541k
Effective rate1.96%

Value estimate

· Sep 2026
$685k
$617k – $754k
Submarket $/SF estimate$2.25M
NOI build-up
Gross scheduled income$151k
Vacancy & credit loss−$9k
Operating expenses−$50k
NOI · 6.51% cap applied$92k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$243/SF
ZIP average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$117 – $343

Cap rate analysis

How does the asset earn?
6.51%
$92k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IG
Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications ...
General categoryINDUSTRIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon16.2
Pharmacy15.4
Clothing Store13.5

Location

2160 Davcor St Salem, OR 97302
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2551 Pringle SE, Salem, OR 97302-1531 $5,325,000 Feb 2026 10,000 SF
Salem, OR 97302 $2,000,000 Mar 2024 7,380 SF
2135 Davcor SE, Salem, OR 97302 $260,000 Apr 2023 9,000 SF
3080 25th SE, Salem, OR 97302-1140 $1,825,000 Dec 2022 10,609 SF
1950 Howard SE, Salem, OR 97302 $500,000 Aug 2022 7,164 SF
1375 13th SE, Salem, OR 97302-2511 $110,000 Feb 2022 6,964 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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