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Property profile & analytics
OFF-MARKET Estimated value $2,250,000
Warehouses

2160 Davcor SE St Salem, OR 97302-1510

9,000 SF 0.62 ac lot Built 1979
Entity Owned 10-yr Hold Free & Clear
Property ID
US71-0426022
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1979
Total area 9,000 SF
Lot 0.62 ac (27,007 SF)
Zoning code IG
APN 073W35DC02200
UPID US71-0426022
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
  • ABM Janitorial Services General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.25M
Blend (final) Blend
$2.25M
Owner & transaction history
Tieszen LLC · 10 yrs held
Tieszen LLC
since 2016
4 recorded transactions
2016
$705,000
2007
$610,000
2004
$469,000
1987
$185,000
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
Top alternative use upside
Auto repair, garage $3.2M +47.1%
Medical building $3.0M +39.3%
Office building $2.9M +30.8%
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