Technical
Financial
Distress signals
Property profile

3411 Boone SE Rd Salem, OR 97317

OFF-MARKET
Assisted living facilities
Property ID
US71-0782646
174,632 SF 4.58 ac lot Built 2012
Entity Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 2012
Total area 174,632 SF
Lot 4.58 ac (199,505 SF)
Zoning code CO
APN 083W12D 02501
UPID US71-0782646

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

3411 Boone SE Rd Salem, OR 97317-9336
Salem metro Census 1803 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

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Owner & transaction history

since 2008
7 recorded transactions
2011
Price N/A
2008
$2.4M
2006
Price N/A
2005
Price N/A
2002
Price N/A
1993
$597,000
1969
Price N/A

Zoning & alternative use

CO · Salem, OR
Zoning description

The purpose of the Commercial Office (CO) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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