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Property profile & analytics
OFF-MARKET
Golf courses & driving ranges
3376 Country Clb S Dr Salem, OR 97302-9710
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US71-0487762
Property profile
Verified
Property type
Golf courses & driving ranges
Use group
GOLF COURSE
Year built
1961
Total area
31,828 SF
Lot
205.38 ac (8,946,353 SF)
Zoning code
P; UT20
APN
083W06 00300
UPID
US71-0487762
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
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
Illahe Hills Country Club · 5 yrs held
Illahe Hills Country Club
since 2021
7 recorded transactions
Zoning & alternative use
P; UT20 · Salem, OR
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
$116,444
Tax year 2023
Assessed value
$8,608,430
Assessed 2023
Previous assessed
$8,357,700
+3.0% YoY
Effective rate
1.35%
On assessed value
Land market value
$3,868,950
Improvement market value
$6,049,310
Total market value
$9,918,260
Applied tax rate
24,430.0000
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
Golf courses & driving ranges
Use group
GOLF COURSE
Status
Off-Market
Year built
1961
Heating
NONE
Buildings
8
Stories
1
Total area
31,828 SF
Lot
205.38 ac (8,946,353 SF)
Zoning code
P; UT20
APN
083W06 00300
UPID
US71-0487762
Jurisdiction
MARION
Zoning & alternative use
P; UT20 · Salem, ORZoning P; UT20 · permitted uses
P; UT20 · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Year built
1961
Heating
NONE
Stories
1
Buildings
8
Lot
205.38 ac
Current owner
From public records · entity-resolved
Illahe Hills Country Club
Individual
Mailing address
3376 COUNTRY CLB DR S, SALEM, OR 97302-9710
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2021
—
Illahe Hills Country Club
—
Deed
related
$1,600,000 · Pioneer Tr Bk
Aug 3, 2020
—
Illahe Hills Country Club
—
Deed
related
—
Aug 1, 2017
—
Illahe Hills Country Club
—
Deed
related
$350,000 · Pioneer Tr Bk
Sep 8, 2010
—
Illahe Hills Country Club
—
Trustees Deed
related
$2,925,000 · Illahe Ventures LLC
—
—
Illahe Hills Country Club
—
Deed Of Trust
related
$2,582,374 · Pioneer Tr Bk
—
—
Illahe Hills Country Club
—
Deed Of Trust
related
$350,000 · Pioneer Tr Bk
—
—
Illahe Hills Country Club
—
Loan Modification
related
—
—
—
Illahe Hills Country Club
—
Deed Of Trust
related
$1,600,000 · Pioneer Tr Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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