Property profile

224 Airport NE Rd Silverton, OR 97381

OFF-MARKET
Office buildings
Property ID
US71-0224900
1,952 SF 0.55 ac lot Built 1974
Entity Owned 6-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Total area 1,952 SF
Lot 0.55 ac (23,958 SF)
Zoning code CRLU
APN 061W33A 00200
UPID US71-0224900

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center

Location

224 Airport NE Rd Silverton, OR 97381-9602
Silverton metro Census 10503 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$390k
Comparable Approach Comparable
$602k
Blend (final) Blend
$510k

Owner & transaction history

since 2020
Last sale
$420,000
7 recorded transactions
2020
$255,000
2004
$172,900
2001
$135,000
1995
$84,000
1985
$57,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CRLU · Silverton, OR
Top alternative use upside
Auto repair, garage $695,000 +30.6%
Medical building $625,000 +17.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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