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    Property profile & analytics

    2488 Pringle SE Rd Salem, OR 97302-1445

    • Investment properties
    • 4,881 SF
    • 0.71 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 21, 2021
    $100,000
    Location Intelligence
    Property ID
    US71-0713988
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Gonzalez Auto Repair / Brake Shop

    Property Details for 2488 Pringle SE Rd

    Year built
    1963
    Lot size
    0.71 lot acres
    Property size
    4,881 SF
    Zone code
    IC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    073W35CB00800
    APU
    073W35CB00800

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.027
    Latitude
    44.9174
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,208
    $0.00
    $0.00
    $316,300
    -
    $186,370
    $458,900
    $645,270

    Comparable in this City

    • Value Estimation by Request
      1,200 SF

      1300 Cross SE St

      OFFICE/RESIDENTIAL (MIXED USE) • 1,200 SF
      1300 Cross SE St, Salem, OR 97302
      View Details
    • Value Estimation by Request
      2,400 SF

      2500 Blk 22nd SE St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,400 SF
      2500 Blk 22nd SE St, Salem, OR 97302
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    • Value Estimation by Request
      480 SF

      2190 Mcgilchrist SE St

      OFFICE/RESIDENTIAL (MIXED USE) • 480 SF
      2190 Mcgilchrist SE St, Salem, OR 97302
      View Details
    • Value Estimation by Request
      3,480 SF

      3996 Vlg Ctr SE Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 3,480 SF
      3996 Vlg Ctr SE Dr, Salem, OR 97302-4284
      View Details
    • Value Estimation by Request
      3,584 SF

      1745 13th SE St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,584 SF
      1745 13th SE St, Salem, OR 97302-2541
      View Details
    • Value Estimation
      $285,000
      1,500 SF

      3941 Vlg Ctr SE Dr

      OFFICE/RESIDENTIAL (MIXED USE) • 1,500 SF
      3941 Vlg Ctr SE Dr, Salem, OR 97302-4284
      View Details

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    Similar Nearby for Lease

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      High-Visibility Retail Space, Excellent Location
      2710 Commercial St, Salem, OR 97302
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    • $25 SF/Yr
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      Retail Space in South Salem

      Retail spaces available in a multi-use development in South Salem.
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      View Details
    • Contact for pricing
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      Prime Salem retail space, multiple suites available.
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    • $0.96 SF/Yr
      160,000 SF

      Salem Industrial Land Lease

      160,000 SF Secure Gravel Yard
      1865 Mcgilchrist St, Salem, OR 97302
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    • $1.83 SF/Yr
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      Retail Space with Open Layout

      Retail space featuring an open layout and high-traffic location.
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    • $0.72 SF/Yr
      5,605 SF

      Salem Warehouse Space Available

      5,605 SF warehouse space available for lease.
      3224 Pringle Rd SE, Salem, OR 97302
      View Details
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    2488 Pringle SE Rd
    Salem, OR 97302-1445
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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