Financial
Distress signals
Property profile

2590 Cherry NE Ave Salem, OR 97301

OFF-MARKET
Retail properties & Spaces
Property ID
US71-0997360
3,600 SF 0.38 ac lot Built 1984
Last sale Sep 2024 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$5k
Tax billed · 2023
Assessed value$276k
Effective rate1.96%

Value estimate

· Sep 2026
$600k
$540k – $660k
AI approach$600k
Submarket $/SF estimate$726k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$160/SF
Submarket average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$98 – $238

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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office18.1
Realty agency11.6
Tailor Shop9.8

Location

2590 Cherry NE Ave Salem, OR 97301-7234
County assessor Recorded deeds · 4 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2680 Portland NE, Salem, OR 97301-0125 $750,000 Feb 2026 4,125 SF
1311 Liberty NE, Salem, OR 97301-6429 $400,000 May 2025 3,200 SF
1165 Madison NE, Salem, OR 97301-7862 $164,000 Dec 2024 4,070 SF
353 State, Salem, OR 97301 $1,031,529 May 2023 3,315 SF
3393 Silverton NE, Salem, OR 97301-8654 $695,000 Jan 2023 3,696 SF
1685 Lancaster NE, Salem, OR 97301-1965 $1,100,000 Jun 2022 3,999 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 2590 Cherry NE Ave?
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