Technical
Financial
Distress signals
Property profile

2405 Commercial SE St Salem, OR 97302

OFF-MARKET
Automotive properties
Property ID
US71-0849837
17,672 SF 1.24 ac lot Built 1984
Entity Owned 36-yr Hold Free & Clear
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1984
Total area 17,672 SF
Lot 1.24 ac (54,014 SF)
Zoning code CR
APN 073W34CB08600
UPID US71-0849837

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
  • Car Dealership
  • (Bike/Boat/Book/etc) Store

Location

2405 Commercial SE St Salem, OR 97302-4424
Salem metro Census 1300 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.87M
Blend (final) Blend
$5.48M

Owner & transaction history

since 1990
6 recorded transactions
2012
Price N/A
1990
$37,186
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CR · Salem, OR
Zoning description

The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. Th…

General category COMMERCIAL
Top alternative use upside
Restaurant $7.8M +23.5%

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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