Property profile

2908 Market NE St Salem, OR 97301

OFF-MARKET
Automotive properties
Property ID
US71-0768210
0.85 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Lot 0.85 ac (37,026 SF)
Zoning code CR
APN 073W24AC02700
UPID US71-0768210

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Electric Vehicle Charging Station
  • Auto Repair Shop
  • Auto Parts Store
  • Car Dealership

Location

2908 Market NE St Salem, OR 97301-1645
Salem metro Census 703 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.00M

Owner & transaction history

since 2018
Last sale
$4.0M
2 recorded transactions
2018
$1.7M
1969
Price N/A

Zoning & alternative use

CR · Salem, OR
Zoning description

The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. Th…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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