Individually Owned Property summary
This exceptional 2,252 square foot commercial property at 3650 Portland Rd, Salem, OR, presents a rare opportunity for an owner-user. Boasting a prime location on a busy four-way intersection just one mile from I-5, this established car lot has enjoyed success as Salem Motor Sports for 36 years. The property includes a spacious first-floor office and shop area, ideally suited for detailing, and a second-floor featuring three offices with skylights, providing ample natural light. Climate… control is ensured with dual-level heating and cooling systems, supplemented by an overhead natural gas heater. The property sits on a half-acre corner lot, fully fenced for security, and benefits from prominent signage with a large pylon sign and two convenient ingress/egress points. The ample space can accommodate up to 70 vehicles. Seller financing is available with a substantial down payment. Inventory is not included in the sale price of $1,450,000. This is a turnkey operation ready for a new owner to continue its legacy of success. Don't miss this chance to acquire a well-established business in a high-demand location.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 15 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,252 SF
- Lot area
- 0.5 ac
- Year built
- 1995
- Stories
- 2
- APN
- 073W12CD00400
- Zoning
- CR
- Assessed value · 2023
- $248,970
- Annual tax · 2023
- $4,887
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The purpose of the Commercial Retail (CR) 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. Th…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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