Property profile

2485 Salem Dallas NW Hwy Salem, OR 97304

OFF-MARKET
Industrial properties
Property ID
US71-0530733
15,310 SF 0.88 ac lot Built 1977
Entity Owned 6-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built 1977
Total area 15,310 SF
Lot 0.88 ac (38,333 SF)
Zoning code IC
APN 07329-DB-02900
UPID US71-0530733

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
  • Veterinary Clinic
  • (Bike/Boat/Book/etc) Store Cosmetic Store

Location

2485 Salem Dallas NW Hwy Salem, OR 97304-4512
Salem metro Census 5204 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
$1.61M
Blend (final) Blend
$685k

Owner & transaction history

since 2019
7 recorded transactions
2021
Price N/A
2019
$655,000
2019
Price N/A
2019
$655,000
2019
$655,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IC · Salem, OR
Zoning description

Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle u…

General category INDUSTRIAL

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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