The property consists of office suites located in South Salem, Oregon, next to the Discovery School of Dance and identified as 235 Salem Heights, Salem, OR 97302. The interior was updated through a renovation and is configured as professional office space. The site is described as having commercial zoning that allows for a broad range of professional service uses, with example permitted uses noted as a salon or spa, counseling offices, real estate offices, or mortgage company offices.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?

$2k

Tax billed · 2023

Assessed value$106k

Effective rate1.96%

Value estimate

· Oct 2026

$270k

$243k – $297k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?

$317/SF

ZIP average, outlier-cleaned · 52 recorded sales of this use type

Observed band · Q1–Q3$225 – $406

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through th...

General categoryCOMMERCIAL

JurisdictionMARION

Location intelligence

Which uses thrive at this corner?

Best fit: HVAC Service

Demand heat for this use is drawn on the map · LocInt grid

Demand index

HVAC Service12.0

Parking Facility11.6

Tailor Shop10.1

235 Salem Hts S Ave Salem, OR 97302

County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby

Address Sale price Sold Size

630 Mary SE, Salem, OR 97302-3816 $495,000 Jul 2025 943 SF

3245 Triangle SE, Salem, OR 97302-4505 $359,000 May 2025 1,040 SF

375 Leffelle SE, Salem, OR 97302-4341 $420,000 Jul 2024 1,223 SF

2794 12th SE, Salem, OR 97302-3159 $365,000 Mar 2023 1,206 SF

1295 Oxford SE, Salem, OR 97302-2838 $261,379 Oct 2022 1,080 SF

1275 Oxford SE, Salem, OR 97302-2838 $261,379 Sep 2022 1,251 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$355,000

1,204 SF

880 Commercial SE St

OFFICE BUILDING

880 Commercial SE St, Salem, OR 97302-4108

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Value Estimation
$320,000

1,251 SF

1275 Oxford SE St

OFFICE BUILDING

1275 Oxford SE St, Salem, OR 97302-2838

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Value Estimation
$455,000

1,386 SF

1084 Liberty SE St

OFFICE BUILDING

1084 Liberty SE St, Salem, OR 97302-4141

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Value Estimation
$430,000

1,528 SF

1880 13th SE St

OFFICE BUILDING

1880 13th SE St, Salem, OR 97302-2544

View Details
Value Estimation
$265,000

809 SF

1174 Commercial SE St

OFFICE BUILDING

1174 Commercial SE St, Salem, OR 97302-4202

View Details
Value Estimation
$720,000

2,954 SF

1645 Liberty SE St

OFFICE BUILDING

1645 Liberty SE St, Salem, OR 97302-4347

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235 Salem Hts S Ave Salem, OR 97302

Property summary