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Property profile & analytics
OFF-MARKET Estimated value $6,005,000
Warehouses

2527 Salem Dallas NW Hwy Salem, OR 97304

39,840 SF 2 ac lot Built 2020
Entity Owned 6-yr Hold Free & Clear
Property ID
US71-0906265
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2020
Total area 39,840 SF
Lot 2 ac (87,120 SF)
Zoning code IC
APN 07329-DB-02601
UPID US71-0906265
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.74M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.01M
Owner & transaction history
Storage Solutions Nw LLC · 6 yrs held
Storage Solutions Nw LLC
since 2019
4 recorded transactions
2024
Price N/A
2019
Price N/A
2019
Price N/A
2017
$449,500
Zoning & alternative use
IC · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding qualification (1)…

Zone name Industrial Commercial
General category INDUSTRIAL
Zone area 1,285.18 ac
Source code of ordinances
Top alternative use upside
Retail stores $9.8M +26.7%
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