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Property profile & analytics
OFF-MARKET Estimated value $885,000
Warehouses

2728 19th SE St Salem, OR 97302-1504

4,800 SF 1.05 ac lot Built 1973
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US71-0875829
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1973
Total area 4,800 SF
Lot 1.05 ac (45,738 SF)
Zoning code IG
APN 073W35DC01600
UPID US71-0875829
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
  • Oregon Housing & Associated Housing Authority
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$570k
Comparable Approach Comparable
$1.18M
Blend (final) Blend
$885k
Owner & transaction history
Romanini Property Managemnet LLC · 3 yrs held
Romanini Property Managemnet LLC
since 2022
Last sale
$650,000
4 recorded transactions
2022
$650,000
2010
$180,000
1996
$180,000
1988
Price N/A
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
Retail stores $1.2M +1.5%
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