Property profile

309 Water St Silverton, OR 97381

OFF-MARKET
Commercial real estate
Property ID
US71-1897251
3,264 SF 0.16 ac lot Built 1946
Individually Owned Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1946
Total area 3,264 SF
Lot 0.16 ac (6,970 SF)
Zoning code DC
APN 061W35CB11600
UPID US71-1897251

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
  • Shopping Center & Mall
  • Physician

Location

309 Water St Silverton, OR 97381-2134
Silverton metro Census 10502 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$640k
Comparable Approach Comparable
$370k
Blend (final) Blend
$700k

Owner & transaction history

since 2026
Last sale
$580,000
5 recorded transactions
2026
$760,000
2023
$580,000
2010
$250,000
2007
$290,000
1990
$42,000

Zoning & alternative use

DC · Silverton, OR
Zoning description

It is intended as Silvertons center of vital retail activity, services, entertainment, mixed use, civic buildings and public spaces to preserve and enhance Silvertons downtown as the historic heart of the community.

General category MIXED_USE
Top alternative use upside
Office building $890,000 +37.0%

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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