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Property profile & analytics
OFF-MARKET Estimated value $3,540,000
Warehouses

2715 19th SE St Salem, OR 97302-1503

17,250 SF 1.45 ac lot Built 2001
Trust Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US71-0871851
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2001
Total area 17,250 SF
Lot 1.45 ac (63,162 SF)
Zoning code IG
APN 073W35CD00800
UPID US71-0871851
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
  • Chappelle Real Estate Investments Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.54M
Blend (final) Blend
$3.54M
Owner & transaction history
Abc Classic Ents Trust · 7 yrs held
Abc Classic Ents Trust
since 2019
3 recorded transactions
2019
Price N/A
2008
Price N/A
1996
$60,000
Zoning & alternative use
IG · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

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) above, zone-to-zone setbacks for buildings and structures are required abutting an alley when the abutting zone across the…

Zone name General Industrial
General category INDUSTRIAL
Zone area 1,702.49 ac
Source code of ordinances
Top alternative use upside
Medical building $5.8M +39.3%
Office building $5.5M +30.8%
Retail stores $4.3M +1.5%
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