Financial
Distress signals
Property profile

2685 Commercial NE St Salem, OR 97301

OFF-MARKET
Showrooms
Property ID
US71-0275979
15,519 SF 0.37 ac lot Built 1978
Last sale Sep 2010 · $640,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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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?
$12k
Tax billed · 2023
Assessed value$621k
Effective rate1.96%

Value estimate

· Sep 2026
$655k
$590k – $721k
Submarket $/SF estimate$2.31M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$283/SF
ZIP average, outlier-cleaned · 49 recorded sales of this use type
Observed band · Q1–Q3$105 – $440

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 Office17.4
HVAC Service12.4
Law Firm12.2

Location

2685 Commercial NE St Salem, OR 97301-6502
County assessor Recorded deeds · 6 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
3060 Portland NE, Salem, OR 97301-0128 $1,150,000 Dec 2025 18,468 SF
356 State, Salem, OR 97301-3532 $337,500 Dec 2025 10,069 SF
2809 Market NE, Salem, OR 97301-1644 $1,300,000 Jul 2025 13,214 SF
1012 Commercial NE, Salem, OR 97301-1057 $800,000 Mar 2025 10,903 SF
201 Commercial NE, Salem, OR 97301-3411 $2,975,000 Jan 2025 12,655 SF
1870 Lana NE, Salem, OR 97301-0116 $1,115,000 Oct 2024 13,085 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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