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Property profile & analytics
OFF-MARKET Estimated value $4,735,000
Manufacturing properties

3055 Industrial NE Way Salem, OR 97301-0042

32,303 SF 5.71 ac lot Built 1979
Entity Owned 16-yr Hold Free & Clear
Property ID
US71-0342257
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1979
Total area 32,303 SF
Lot 5.71 ac (248,728 SF)
Zoning code IG
APN 073W14AA01600
UPID US71-0342257
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
  • Roofline Supply And Delivery Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.53M
Blend (final) Blend
$4.74M
Owner & transaction history
Rj Partners LLC · 16 yrs held
Rj Partners LLC
since 2010
6 recorded transactions
2010
$350,000
2009
Price N/A
2005
Price N/A
1969
Price N/A
1969
Price N/A
1969
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
Warehouse, storage $6.3M +8.4%
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