Property profile

2680 Cherry NE Ave Salem, OR 97301

OFF-MARKET
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Property ID
US71-0435346
8,000 SF 2.34 ac 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.
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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$1.18M
Effective rate1.96%

Value estimate

· Nov 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
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Includes: Price & PSF · Cap rate · Location · Zoning

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