Financial
Distress signals
Property profile

2370 Fairgrounds NE Rd Salem, OR 97301

OFF-MARKET
Commercial real estate
Property ID
US71-0613214
864 SF 0.11 ac lot Built 1940
Last sale Oct 2025 · $600,000
Individually Owned Owner of record is an individual. Free & Clear No active or open recorded mortgage detected.
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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.

Mortgages

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?
$1k
Tax billed · 2023
Assessed value$65k
Effective rate1.92%

Value estimate

· Sep 2026
$600k
$540k – $660k
AI approach$600k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$105 – $440

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?
CG
The purpose of the General Commercial (CG) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through t...
General categoryCOMMERCIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency36.1
Dental Office34.3
Law Firm22.0

Location

2370 Fairgrounds NE Rd Salem, OR 97301-0610
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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1667 Ctr NE, Salem, OR 97301-4268 $340,000 May 2025 2,240 SF
1405 Broadway NE, Salem, OR 97301-1427 $1,050,000 May 2025 824 SF
1890 Capitol NE, Salem, OR 97301-7859 $248,000 Mar 2025 1,440 SF
1880 Lana NE, Salem, OR 97301-0116 $720,000 Oct 2024 1,704 SF
680 Ctr NE, Salem, OR 97301-3721 $25,000 May 2024 1,035 SF
1657 Park NE, Salem, OR 97301-1655 $1,150,000 May 2024 1,018 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
6 properties of the same type nearby
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