Property profile

2551 Pringle SE Rd Salem, OR 97302

OFF-MARKET
Warehouses
Property ID
US71-0715810
10,000 SF 1.11 ac lot Built 1980
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1980
Total area 10,000 SF
Lot 1.11 ac (48,352 SF)
Zoning code IC
APN 073W35CB02600
UPID US71-0715810

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
  • Charitable Organization Social Service Agency

Location

2551 Pringle SE Rd Salem, OR 97302-1531
Salem metro Census 1000 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
$2.43M
Blend (final) Blend
$375k

Owner & transaction history

since 2026
Last sale
$5.3M
2 recorded transactions
2026
$5.3M
2006
$3.1M

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
Top alternative use upside
Restaurant $4.4M +81.7%
Auto repair, garage $3.6M +47.1%
Medical building $3.4M +39.3%

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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