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    Property profile & analytics

    2250 Msn SE St Salem, OR 97302-1267

    • Hotels
    • 29,752 SF
    • 1.47 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 13, 2021
    $5,000,000
    Location Intelligence
    Property ID
    US71-0540405
    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.

    Current Use by Public Records

    • Hotel / Hotel
    • Howard Johnson by Wyndham Salem / Hotel / Inn

    Property Details for 2250 Msn SE St

    Year built
    1971
    Lot size
    1.47 lot acres
    Property size
    29,752 SF
    Zone code
    IC
    Property type
    Hotels
    APN
    073W35AB01900
    APU
    073W35AB01900

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.016
    Latitude
    44.9243
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $54,366
    $0.00
    $0.00
    $2,769,980
    -
    $819,950
    $3,032,460
    $3,852,410

    Comparable in this City

    • Value Estimation by Request
      48,680 SF

      4370 Commercial SE St

      HOTEL • 48,680 SF
      4370 Commercial SE St, Salem, OR 97302-3914
      View Details
    • Value Estimation by Request

      477 Madrona Ave

      Land
      477 Madrona Ave, Salem, OR 97302
      View Details
    • Value Estimation by Request
      84,000 SF

      1835 22Nd St

      Life science properties • 84,000 SF
      1835 22Nd St, Salem, OR 97302
      View Details
    • Value Estimation by Request
      0.20 Acres

      198 Candalaria S Blvd

      STORE/OFFICE (MIXED USE) • 0.20 Acres
      198 Candalaria S Blvd, Salem, OR 97302
      View Details
    • Value Estimation by Request
      0.24 Acres

      4682 Liberty S Rd

      BAR, TAVERN • 0.24 Acres
      4682 Liberty S Rd, Salem, OR 97302-5035
      View Details
    • Value Estimation by Request
      40.16 Acres

      2210 Madrona SE Ave

      FOOD PROCESSING • 40.16 Acres
      2210 Madrona SE Ave, Salem, OR 97302-1112
      View Details

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    Similar Nearby for Lease

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      Updated Creekside Office Space

      Two-story office with creek views, updated in 2019.
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      Industrial Space Near Interstate 5

      6,000 SF industrial space with easy access to I-5.
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    2250 Msn SE St
    Salem, OR 97302-1267
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
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