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Property profile & analytics
OFF-MARKET Estimated value $2,305,000
Showrooms

2685 Commercial NE St Salem, OR 97301-6502

15,519 SF 0.37 ac lot Built 1978
Entity Owned 7-yr Hold Free & Clear
Property ID
US71-0275979
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1978
Total area 15,519 SF
Lot 0.37 ac (16,117 SF)
Zoning code IC
APN 073W15AA03100
UPID US71-0275979
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Norco Medical, Salem Medical Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.31M
Blend (final) Blend
$2.31M
Owner & transaction history
Kissler Ents LP · 7 yrs held
Kissler Ents LP
since 2018
6 recorded transactions
2018
Price N/A
2010
$640,000
2010
$663,780
2005
$1,031
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IC · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding qualification (1)…

Zone name Industrial Commercial
General category INDUSTRIAL
Zone area 1,285.18 ac
Source code of ordinances
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