Financial
Distress signals
Property profile

2561 Pringle SE Rd Salem, OR 97302

OFF-MARKET
Manufacturing properties
Property ID
US71-1020367
42,144 SF 1.8 ac lot Built 1990
Last sale Dec 2006 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

Located at 2561 Pringle Rd SE in Salem, this 14,702-square-foot flex building combines office space, warehouse space, and a mezzanine level used for storage. The layout is configured to support light industrial manufacturing, wholesaling, and distribution uses. The office and warehouse components are designed to be separated for occupancy by different tenants, and the office area can be used independently. The property is zoned IC. The building was originally developed as a 7-Up bottling plant

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$24k
Tax billed · 2023
Assessed value$1.23M
Effective rate1.96%

Value estimate

· Sep 2026
$625k
$563k – $688k
Submarket $/SF estimate$5.91M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$180/SF
County average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$140 – $228

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IC
Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and...
General categoryINDUSTRIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility12.2
Dry Cleaner9.6
Grocery Store9.4

Location

2561 Pringle SE Rd Salem, OR 97302-1531
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2490 Ewald SE, Salem, OR 97302-1110 $1,155,000 Aug 2022 31,200 SF
1885 16th SE, Salem, OR 97302-1436 $2,950,000 Jun 2022 28,500 SF
2928 19th SE, Salem, OR 97302-1508 $790,000 Sep 2021 5,250 SF
2130 Davcor SE, Salem, OR 97302-1510 $475,000 Dec 2020 5,432 SF
2274 Judson SE, Salem, OR 97302-1273 $350,000 Nov 2020 1,800 SF
2747 Pence SE, Salem, OR 97302-1153 $2,900,000 May 2019 23,180 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2561 Pringle SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message