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Property profile & analytics
OFF-MARKET
Manufacturing properties

2274 Judson SE St Salem, OR 97302-1273

1,800 SF 0.26 ac lot Built 1973
Individually Owned 5-yr Hold Free & Clear
Property ID
US71-0852483
Property profile
Verified
Property type Manufacturing properties
Use group FOUNDRY, INDUSTRIAL PLANT
Year built 1973
Total area 1,800 SF
Lot 0.26 ac (11,326 SF)
Zoning code IG
APN 073W35DB02500
UPID US71-0852483
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
  • Hill Brothers Machine Corporation Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Michael L Hill · 5 yrs held
Michael L Hill
since 2020
Last sale
$350,000
3 recorded transactions
2020
$275,000
2019
$350,000
2011
Price N/A
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
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