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Property profile & analytics
OFF-MARKET
Estimated value
$1,240,000
Gas stations
280 Pne NE St, Salem, OR 97301-0729
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US71-0939020
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1964
Total area
920 SF
Lot
0.45 ac (19,602 SF)
Zoning code
IC
APN
073W15DA03900
UPID
US71-0939020
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.24M
Owner & transaction history
Sammy Sharifi · 1 yrs held
Sammy Sharifi
since 2025
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
IC · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,250,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.24M
Range $1.12M – $1.36M · ±10% · vs last sale $1.24M (Apr 11 2025)
Last sale anchor
$1.24M
Apr 11 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,348 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,278
Tax year 2023
Assessed value
$319,890
Assessed 2023
Previous assessed
$310,580
+3.0% YoY
Effective rate
1.96%
On assessed value
Land market value
$193,060
Improvement market value
$309,440
Total market value
$502,500
Applied tax rate
24,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
1964
Heating
NONE
Buildings
2
Stories
1
Total area
920 SF
Lot
0.45 ac (19,602 SF)
Zoning code
IC
APN
073W15DA03900
UPID
US71-0939020
Jurisdiction
MARION
Zoning & alternative use
IC · Salem, OR
Zoning IC · permitted uses
IC · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Buildings
2
Lot
0.45 ac
Current owner
From public records · entity-resolved
Sammy Sharifi
Individual
Mailing address
2292 RESERVE DR, BRENTWOOD, CA 94513-4274
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2025
$765,000
Sammy Sharifi
Marion County
Quitclaim Deed
related
—
Jun 20, 2019
$101,250
Sammy Sharifi
Marion County
Grant Deed
related
—
Nov 2, 2016
—
Marion County
Tax Collector Of Marion County|sawyer,jeffrey H
Tax Deed
related
—
Sep 21, 2007
$1,240,000
Jeffrey H Sawyer
Brophy,richard
Warranty Deed
$1,100,000 · Borrego Springs Bank
Sep 21, 2007
—
John Stafford
Oregon Seaquest
Quit Claim Deed
related
—
Mar 13, 1987
$115,000
Loren Watts
Unknown
Grant Deed
—
—
—
John T Stafford
—
Deed Of Trust
related
$150,000 · West Coast Bank
—
—
Kar Kleen Shell
—
Deed Of Trust
related
$170,260 · Western Stations Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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