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    2828 Cherry NE Ave Salem, OR 97301-2799
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    Property profile & analytics

    2828 Cherry NE Ave, Salem, OR 97301-2799

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    • Manufacturing properties
    • 26,010 SF
    • 3.30 lot acres
    Off-Market
    Last Sale Oct 28, 2022
    $2,650,000
    Property ID
    US71-0606153
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,535,000
    Show details
    Cap Rate Potential
    5.6%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Combat Sports Center / Gym & Fitness Center
    • Denali Nut / Food Processing Plant
    • Blue Diamond Growers / Department Store
    • Performx Physical Therapy & Sports Massage / Medical Clinic
    • Salem Auction House / Trade Show Venue / (Bike/Boat/Book/etc) Store

    Property Details for 2828 Cherry NE Ave

    Lot size
    3.30 lot acres
    Zone code
    IG
    Property type
    Manufacturing properties
    APN
    073W14AB01300
    APU
    073W14AB01300

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Oct 28, 2022 $2,650,000 The Nuthouse LLC Nut House Storage LLC Warranty Deed $600k · Nut House Storage LLC
    Aug 6, 2021 $1,850,000 Nut House Storage LLC Denali But Company LLC Warranty Deed $750k · Denal Nut Company
    Mar 25, 2014 $957,000 Denali Nut Co LLC California Almond Growers Exch Grant Deed $622k · Columbia St Bk
    Oct 8, 1980 — Oregon Filbert Growers INC Unknown Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $4,440,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $4,150,000
      6.5%
      $3,830,000
      7%
      $3,560,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,645,000
      Market price range: $3.65M - $5.93M
      AI Estimate
      $3,983,000
      Market price range: $3.98M - $16.8M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $4,670,000
      Current use
      WAREHOUSE, STORAGE
      $5,060,000
      Change: +8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.018
    Latitude
    44.9662
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $27,991
    $0.00
    $0.00
    $1,200,360
    -
    $453,410
    $746,950
    $1,200,360
    More about this property
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