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Financial
Distress signals
Property profile

3300 State St Salem, OR 97301

OFF-MARKET
Medical Office Space
Property ID
US71-1022832
38,348 SF 1.94 ac lot Built 2006
Last sale Dec 2012 · $722,160
Entity Owned Owner of record is a legal entity (LLC / corporation). 13-yr Hold Held for 13 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A two-story Class A suburban office building that was constructed for and has been continuously occupied by a regional hospital group, historically used as the Salem Health Laboratory. The building is configured as a single-tenant property and includes on-site parking along with a package truck loading dock. The facility operates as a drop-in laboratory location with processing functions. The property is situated on the corner of State Street and Hawthorne Avenue, with proximity to the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$10k
Tax billed · 2023
Assessed value$487k
Effective rate1.96%

Value estimate

· Oct 2026
$725k
$653k – $798k
Submarket $/SF estimate$7.24M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$338/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$189 – $474

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IP
Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and...
General categoryINDUSTRIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency19.5
Wholesale Shop15.3
Law Firm15.2

Location

3300 State St Salem, OR 97301-5063
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
436 Lancaster NE, Salem, OR 97301-4728 $1,450,000 Dec 2024 3,279 SF
693 36th NE, Salem, OR 97301-4741 $350,000 Jun 2022 2,713 SF
338 Hawthorne NE, Salem, OR 97301-4607 $1,900,000 Feb 2022 8,550 SF
875 Oak St Se5g, Salem, OR 97301-3975 $1,045,000 Feb 2022 2,505 SF
355 Belmont NE, Salem, OR 97301-1007 $255,000 Jun 2021 13,178 SF
1707 Lansing NE, Salem, OR 97301-8732 $739,000 Apr 2021 3,392 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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