Contact for pricing 3,125 SF

3695 Rich Dr NE, Salem, OR 97305
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$7k

Tax billed · 2023

Assessed value$435k

Effective rate1.51%

Value estimate

· Nov 2026

$1.35M

$1.22M – $1.49M

Submarket $/SF estimate$1.37M

NOI build-up

Gross scheduled income$56k

Vacancy & credit loss−$3k

Operating expenses−$16k

NOI · 4.40% cap applied$38k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?

$262/SF

Submarket average, outlier-cleaned · 102 recorded sales of this use type

Observed band · Q1–Q3$105 – $449

Qualifying comparables9

Cap rate analysis

How does the asset earn?

4.40%

$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?

The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through th...

General categoryCOMMERCIAL

JurisdictionMARION

Location intelligence

Which uses thrive at this corner?

Best fit: Realty agency

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Realty agency57.3

Law Firm39.2

Building Supply29.8

3695 Rich Dr NE Salem, OR 97305

County assessor Recorded deeds · 5 transfers 9 qualifying comp sales Zoning catalog

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 · 6 properties nearby

Address Sale price Sold Size

4150 Silverton NE, Salem, OR 97305-2053 $9,200,000 Mar 2024 1,416 SF

3010 Blossom NE, Salem, OR 97305-1104 $82,500 Nov 2023 2,336 SF

3935 Silverton NE, Salem, OR 97305-1365 $1,200,000 Oct 2023 6,920 SF

2727 Lancaster NE, Salem, OR 97305-1343 $1,900,000 Feb 2023 6,600 SF

3525 Silverton NE, Salem, OR 97305-1469 $300,000 Aug 2019 6,815 SF

2595 Lancaster NE, Salem, OR 97305-1213 $1,780,000 Feb 2019 3,658 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$1,355,000

2,887 SF

3045 Lancaster NE Dr

COMMERCIAL (GENERAL)

3045 Lancaster NE Dr, Salem, OR 97305-1348

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Value Estimation
$490,000

2,838 SF

4676 Silverton NE Rd

COMMERCIAL (GENERAL)

4676 Silverton NE Rd, Salem, OR 97305-2939

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Value Estimation
$1,245,000

2,463 SF

1735 Lancaster NE Dr

COMMERCIAL (GENERAL)

1735 Lancaster NE Dr, Salem, OR 97305-1024

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Value Estimation
$1,000,000

2,460 SF

3966 Silverton NE Rd

COMMERCIAL (GENERAL)

3966 Silverton NE Rd, Salem, OR 97305-1364

View Details
Value Estimation
$1,695,000

5,128 SF

3280 Harold NE Dr

COMMERCIAL (GENERAL)

3280 Harold NE Dr, Salem, OR 97305-1336

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Value Estimation
$145,000

1,512 SF

4752 Richard NE St

COMMERCIAL (GENERAL)

4752 Richard NE St, Salem, OR 97305-1770

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