3410 Commercial SE St Salem, OR 97302-4635
Property Lookup
Property profile & analytics
3410 Commercial SE St Salem, OR 97302-4635
- Retail space
- 4,109 SF
- 0.39 lot acres
Property ID
US71-0699406
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.
Location Intelligence
Current Use by Public Records
- The Cleanery / (Bike/Boat/Book/etc) Store
Property Details for 3410 Commercial SE St
- Year built
- 1976
- Lot size
- 0.39 lot acres
- Property size
- 4,109 SF
- Zone code
- CR
- Property type
- Retail space
- APN
- 083W03BD01100
- APU
- 083W03BD01100
Description
This exceptional investment opportunity presents a fully leased, 4,109 square foot commercial property situated on a 0.39-acre lot at 3410 Commercial St, Unit 3410, Salem, OR. Boasting an iconic location directly in front of the busy South Salem Fred Meyer, this property benefits from exceptional traffic counts and high visibility. The strategic placement ensures significant foot and vehicle traffic, maximizing exposure for the existing tenants and providing a strong foundation for future growth. Currently generating income from three distinct sources, this property offers a diversified revenue stream. Two long-term tenants, Lil' Sammies and The Cleanery, contribute consistent rental income. Further enhancing the profitability, a billboard lease adds an additional annual income stream. The property features excellent signage opportunities, allowing for prominent branding and further attracting potential customers. This turnkey investment is an ideal opportunity for those seeking a stable and high-yielding commercial property in a prime Salem location. The property is being sold as-is. Please respect the tenants and do not disturb them during showings. Financial details are available upon request. This is a rare opportunity to acquire a well-established, income-producing property in a high-traffic area.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,248,000
- AI Estimate
- $993,000
Market price range: $735k - $1.44MMarket price range: $311k - $1.34M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,010,000 Current use
- AUTO REPAIR, GARAGE
- $1,465,000 Change: +45% Conversion: Difficult
- MEDICAL BUILDING
- $1,390,000 Change: +37% Conversion: Difficult
- OFFICE BUILDING
- $1,305,000 Change: +29% Conversion: Easy
- WAREHOUSE, STORAGE
- $995,000 Change: -1% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $990,000 Change: -2% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Marion
- State
- Oregon
- Longitude
- -123.043
- Latitude
- 44.9066
- 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
$11,063
$0.00
$0.00
$563,690
-
$326,170
$318,660
$644,830
