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Property profile & analytics
OFF-MARKET
Office buildings
3245 Triangle SE Dr, Salem, OR 97302-4505
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0828408
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Total area
1,040 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CR
APN
083W03BB07800
UPID
US71-0828408
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
-
Genesis Massage Therapy Center Alternative Medicine Practice Spa & Massage Center
-
Beverly Kropp Alternative Medicine Practice Spa & Massage Center
-
Maxwell Arnita E Alternative Medicine Practice Spa & Massage Center
-
Jeffrey Baze Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Juan Santiago · 1 yrs held
Juan Santiago
since 2025
Last sale
$359,000
7 recorded transactions
Zoning & alternative use
CR · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$1,982
Tax year 2023
Assessed value
$100,960
Assessed 2023
Previous assessed
$98,020
+3.0% YoY
Effective rate
1.96%
On assessed value
Land market value
$69,530
Improvement market value
$169,910
Total market value
$239,440
Applied tax rate
24,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1948
Heating
FORCED AIR
Stories
1
Bathrooms
1
Total area
1,040 SF
Lot
0.19 ac (8,276 SF)
Zoning code
CR
APN
083W03BB07800
UPID
US71-0828408
Jurisdiction
MARION
Zoning & alternative use
CR · Salem, OR
Zoning CR · permitted uses
CR · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Heating
FORCED AIR
Stories
1
Bathrooms
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Juan Santiago
Individual
Mailing address
3475 DEERFIELD DR S, SALEM, OR 97302-9727
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
$359,000
Juan Santiago
Jeffrey Emerson Baze
Warranty Deed
$366,718 · Newrez LLC
May 26, 2020
—
Jeffrey E Baze
Jeffrey E Baze
Quit Claim Deed
related
—
Mar 8, 2017
—
Jeffrey E Baze
—
Deed
related
$106,000 · Pioneer Tr Bk
Aug 3, 2011
—
Jeffrey E Baze
Baze,traci R
Quit Claim Deed
related
—
Dec 3, 2004
$105,000
Jeffrey E Baze
Knight,wilda M
Warranty Deed
—
Nov 21, 1979
$8,500
R Paul Knight
Unknown
Grant Deed
—
—
—
Wilda M Knight
—
Deed Of Trust
related
$5,200 · Urban Renewal Agcy Salem City
—
—
Jeffrey E Baze
—
Deed Of Trust
related
$111,000 · Pioneer Trust Bank NA
—
—
Jeffrey E Baze
—
Deed Of Trust
related
$106,000 · Pioneer Tr Bk
—
—
Jeffrey E Baze
—
Deed Of Trust
related
$75,000 · Pioneer Trust Bank NA
—
—
Jeffrey E Baze
—
Deed Of Trust
related
$100,000 · Pioneer Trust Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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