Property profile

239 State St Salem, OH 44460

OFF-MARKET
Retail space
Property ID
US66-2761439
10,320 SF 0.8 ac lot Built 1994
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1994
Total area 10,320 SF
Lot 0.8 ac (34,870 SF)
APN 51-01450-000
UPID US66-2761439

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Discount Store

Location

239 State St Salem, OH 44460-2755
Salem metro Census 950700 SALEM, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$621k
Blend (final) Blend
$250k

Owner & transaction history

since 2025
Last sale
$550,000
2 recorded transactions
2025
Price N/A
2025
$550,000

Zoning & alternative use

Top alternative use upside
Restaurant $800,000 +83.8%
Medical building $735,000 +69.0%
Office building $720,000 +65.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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