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Property profile & analytics

3340 Commercial SE St Salem, OR 97302-4634

  • Office buildings
  • 4,200 SF
  • 0.33 lot acres
OFF-MARKET
Value Estimations
$1,115,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US71-0921923
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Oregon Real Estate Inspectors / Association / Organization
  • Spire Management / Business Management Consultant / Event Management Company
  • Harness Media LLC / Web Hosting Company / Website Designer
  • Sabrina Dikeman Agency, INC American Family Insurance / Insurance Agency
  • NFIB Oregon / Association / Organization / Business Development Service

Property Details for 3340 Commercial SE St

Year built
1977
Lot size
0.33 lot acres
Property size
4,200 SF
Zone code
CR
Property type
Office buildings
APN
083W03BD02500
APU
083W03BD02500

Description

This exceptional 600-square-foot office suite presents a fantastic lease opportunity at 3340 Commercial Street. Located on the second floor, this traditional office space boasts three separate offices, providing ample privacy and flexibility for various business needs. A private entryway from the downstairs area ensures convenient access and a professional impression. The suite also includes access to a shared conference room, restrooms, and a copy machine room, enhancing productivity and convenience. Tenants can also benefit from limited use of the front office receptionist service, providing a welcoming and efficient experience for clients and visitors. This is a full-service lease, encompassing internet access, janitorial services, and heating, minimizing operational overhead and maximizing efficiency. The 395 square feet of available space on the second floor offers a comfortable and functional workspace, ideal for a small business or professional practice seeking a well-appointed and easily accessible location. The building's amenities and convenient location make this an attractive option for businesses seeking a professional and efficient work environment. Don't miss this opportunity to secure a prime office space in a desirable location.


Value Estimations

based on Realmo’s proprietary methodology
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $1,114,000
    Market price range: $946k - $1.70M
    AI Estimate
    $1,114,000
    Market price range: $946k - $1.70M
  • Alternative Use

    Use
    Estimation
    OFFICE BUILDING
    $1,335,000
    Current use
    AUTO REPAIR, GARAGE
    $1,500,000
    Change: +12% Conversion: Difficult
    MEDICAL BUILDING
    $1,420,000
    Change: +6% Conversion: Easy

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Salem
County
Marion
State
Oregon
Longitude
-123.043
Latitude
44.9075
CBSA code
41420
CBSA name
SALEM, OR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$8,812
$0.00
$0.00
$448,950
-
$276,000
$348,570
$624,570
More about this property
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