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Property profile & analytics

2255 Myrtle NE Ave Salem, OR 97301-7274

  • Assisted living facilities
  • 2,770 SF
  • 0.09 lot acres
OFF-MARKET
Value Estimation
$500,000
Last Sale
Dec 05, 2023
$454,300
Location Intelligence
Property ID
US71-0272476
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

  • Assisted living facilities

Property Details for 2255 Myrtle NE Ave

Year built
2008
Lot size
0.09 lot acres
Property size
2,770 SF
Zone code
RA
Property type
Assisted living facilities
Property subtype
Retirement homes
APN
073W14CA11800
APU
073W14CA11800

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $515,000
  • CAP approach

    CAP return
    Estimation
    6%
    $485,000
    6.5%
    $450,000
    7%
    $455,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $500,000
    Geo Method
    $430,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $380,000
    Retail
    $490,000
    Mixed-Use
    $425,000
    Hospitality
    $420,000
    Educational
    $450,000
    Residential Income
    $435,000
    Energy
    $420,000
    Income-Based Land
    $395,000
    Food Service
    $480,000

Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.022
Latitude
44.9597
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
$0.00
$0.00
$0.00
$0.00
-
$95,000
$348,600
$443,600
More about this property
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