Financial
Distress signals
Property profile

2680 Cherry NE Ave Salem, OR 97301

OFF-MARKET
Other warehouses
Property ID
US71-0435346
8,000 SF 2.34 ac lot Built 1975
Last sale Aug 2020 · $5,200,000
Trust Owned Owner of record is a trust. 6-yr Hold Held for 6 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

This 4,820-square-foot warehouse and showroom facility is located in northeast Salem, Oregon. The building is configured with a functional mix of space including two private offices, a showroom area, and dedicated warehouse space, along with an overhead door for loading and access. The property is suitable for contractors, light industrial uses, distribution activities, or service-based businesses that require both office and operational space. It provides dedicated on-site parking and…

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?
$23k
Tax billed · 2023
Assessed value$1.18M
Effective rate1.96%

Value estimate

· Sep 2026
$4.24M
$3.82M – $4.66M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$195/SF
Submarket average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$120 – $309

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?
IP
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 Office17.2
Realty agency12.4
HVAC Service10.0

Location

2680 Cherry NE Ave Salem, OR 97301-7236
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
2755 Liberty NE, Salem, OR 97301 $8,000,000 Aug 2025 8,534 SF
2355 Hyacinth NE, Salem, OR 97301-3107 $707,733 Aug 2024 10,630 SF
1963 Claxter NE, Salem, OR 97301-0388 $450,000 Mar 2024 6,600 SF
140 Frnt NE, Salem, OR 97301 $850,000 Sep 2022 11,856 SF
246 Shipping NE, Salem, OR 97301-6455 $1,530,000 Mar 2022 13,974 SF
1865 Bch NE, Salem, OR 97301-0103 $975,000 Dec 2020 9,387 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 2680 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