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    Property profile & analytics

    3610 Ctr NE St Salem, OR 97301-2903

    • Turn key restaurants
    • 7,587 SF
    • 1.03 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 14, 2021
    $19,500,000
    Location Intelligence
    Property ID
    US71-0264946
    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

    • KKOKI Korean BBQ / Korean Barbecue Restaurant / Korean Restaurant

    Property Details for 3610 Ctr NE St

    Year built
    1990
    Lot size
    1.03 lot acres
    Property size
    7,587 SF
    Zone code
    CRLU
    Property type
    Turn key restaurants
    APN
    072W30BB05600
    APU
    072W30BB05600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.988
    Latitude
    44.9392
    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
    $22,057
    $0.00
    $0.00
    $1,438,530
    -
    $789,660
    $1,652,170
    $2,441,830

    Comparable in this City

    • Value Estimation by Request
      3,246 SF

      1134 Lancaster NE Dr

      RESTAURANT • 3,246 SF
      1134 Lancaster NE Dr, Salem, OR 97301-2933
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    • Value Estimation by Request
      9,792 SF

      195 Commercial NE St

      RESTAURANT • 9,792 SF
      195 Commercial NE St, Salem, OR 97301-3402
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    • Value Estimation by Request
      4,463 SF

      3680 Market NE St

      RESTAURANT • 4,463 SF
      3680 Market NE St, Salem, OR 97301-1824
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    • Value Estimation by Request
      9,155 SF

      1302 Lancaster NE Dr

      RESTAURANT • 9,155 SF
      1302 Lancaster NE Dr, Salem, OR 97301-1929
      View Details
    • Value Estimation by Request
      1,265 SF

      1760 Market NE St

      RESTAURANT • 1,265 SF
      1760 Market NE St, Salem, OR 97301-2261
      View Details
    • Value Estimation by Request
      5,904 SF

      1151 Lancaster NE Dr

      RESTAURANT • 5,904 SF
      1151 Lancaster NE Dr, Salem, OR 97301-2934
      View Details

    Similar Nearby for Sale

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      Salem Shopping Center Investment Opportunity

      Mixed-use retail & warehouse, 39,935 SF
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    Similar Nearby for Lease

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    • $1.50 SF/Yr
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      Corner Retail Space in Salem

      Retail space available at the corner of Liberty and Chemeketa.
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    • $1,450 /Mo
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      Downtown Salem Retail/Office Space

      Modern retail/office space in downtown Salem, across from Riverfront Park.
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    • $19 SF/Yr
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      Retail Space Available For Lease

      Retail space available for lease, approximately 1583 square feet.
      3760 Market St NE, Salem, OR 97301
      View Details
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    Salem, OR 97301-2903
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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