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Property profile & analytics
OFF-MARKET Estimated value $1,080,000
Manufacturing properties

2915 Evanston NE St Salem, OR 97305-1118

7,380 SF 1.13 ac lot Built 1978
Individually Owned 30-yr Hold Free & Clear
Property ID
US71-0740002
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1978
Total area 7,380 SF
Lot 1.13 ac (49,223 SF)
Zoning code IP
APN 073W01AC02600
UPID US71-0740002
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
$1.03M
Blend (final) Blend
$1.08M
Owner & transaction history
Louis B Braunschweig · 30 yrs held
Louis B Braunschweig
since 1996
3 recorded transactions
1996
Price N/A
1994
Price N/A
1991
$125,000
Zoning & alternative use
IP · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas 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)…

Zone name Industrial Park
General category INDUSTRIAL
Zone area 250.49 ac
Source code of ordinances
Top alternative use upside
Warehouse, storage $1.4M +8.4%
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