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Property profile & analytics
OFF-MARKET Estimated value $6,295,000
Manufacturing properties

3210 Del Webb NE Ave Salem, OR 97301-0364

40,025 SF 3.35 ac lot Built 1995
Individually Owned 30-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US71-0435381
Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1995
Total area 40,025 SF
Lot 3.35 ac (145,926 SF)
Zoning code IC
APN 073W11DC00800
UPID US71-0435381
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
  • Oregon Aero Inc Logistics Company Moving Company
  • Department of Justice Division of Child Support Justice Department
  • Oregon Passenger Rail Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.61M
Blend (final) Blend
$6.30M
Owner & transaction history
Peter R Rowell · 30 yrs held
Peter R Rowell
since 1996
7 recorded transactions
2018
Price N/A
1996
$167,820
1988
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IC · 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 Commercial
General category INDUSTRIAL
Zone area 1,285.18 ac
Source code of ordinances
Top alternative use upside
Office building $10.3M +43.4%
Retail stores $9.9M +37.2%
Warehouse, storage $7.8M +8.4%
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