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Property profile & analytics
OFF-MARKET Estimated value $30,655,000
Warehouses

3315 Aumsville SE Hwy Salem, OR 97317-8855

115,854 SF 9.16 ac lot Built 2017
Entity Owned Absentee Owner Free & Clear
Property ID
US71-1611248
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2017
Total area 115,854 SF
Lot 9.16 ac (399,010 SF)
Zoning code EC
APN 082W05 02200
UPID US71-1611248
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
  • Walter E. Nelson Co. Big Box & Wholesale Store
  • Griffin Greenhouse Supplies Specialty Food Shop Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$31.47M
Blend (final) Blend
$30.66M
Owner & transaction history
PACIFIC REALTY ASSOCIATES
PACIFIC REALTY ASSOCIATES
Zoning & alternative use
EC · 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 Employment Center
General category INDUSTRIAL
Zone area 538.37 ac
Source code of ordinances
Top alternative use upside
Restaurant $51.1M +126.7%
Auto repair, garage $41.4M +83.6%
Medical building $39.2M +73.8%
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