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    Property profile & analytics

    3755 Portland NE Rd Salem, OR 97301-0334

    • Bars
    • 5,682 SF
    • 0.89 lot acres
    OFF-MARKET
    Value Estimation
    $665,000
    Last Sale
    Mar 12, 2024
    $625,000
    Location Intelligence
    Property ID
    US71-0325515
    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

    • ATM / Atm
    • La Oaxaqueña / Ice Cream Shop
    • Shu ya Massage Spa / Massage Spa
    • El Valle Oaxaqueño / Mexican Restaurant / Taco Restaurant
    • Artesanias Flores / Clothing Store

    Property Details for 3755 Portland NE Rd

    Year built
    1971
    Lot size
    0.89 lot acres
    Property size
    5,682 SF
    Zone code
    IC
    Property type
    Bars
    Property subtype
    Pubs
    APN
    073W12CA03100
    APU
    073W12CA03100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $625,000

    • CAP approach

      CAP return
      Estimation
      6%
      $740,000
      6.5%
      $695,000
      7%
      $735,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $735,000
      Geo Method
      $730,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $740,000
      Retail
      $735,000
      Mixed-Use
      $665,000
      Hospitality
      $825,000
      Educational
      $725,000
      Residential Income
      $905,000
      Energy
      $795,000
      Income-Based Land
      $750,000
      Food Service
      $890,000

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.003
    Latitude
    44.9743
    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
    $11,021
    $0.00
    $0.00
    $561,530
    -
    $286,580
    $446,500
    $733,080

    Comparable in this City

    • Value Estimation by Request
      0.14 Acres

      898 Liberty NE St

      BAR, TAVERN • 0.14 Acres
      898 Liberty NE St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      7,030 SF

      1486 Hawthorne NE Ave

      BAR, TAVERN • 7,030 SF
      1486 Hawthorne NE Ave, Salem, OR 97301-1776
      View Details
    • Value Estimation by Request
      0.16 Acres

      2280 Frnt NE St

      BAR, TAVERN • 0.16 Acres
      2280 Frnt NE St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      5,738 SF

      3960 Ctr NE St

      BAR, TAVERN • 5,738 SF
      3960 Ctr NE St, Salem, OR 97301-2948
      View Details
    • Value Estimation by Request
      3,300 SF

      1190 Broadway NE St

      BAR, TAVERN • 3,300 SF
      1190 Broadway NE St, Salem, OR 97301-1141
      View Details
    • Value Estimation by Request
      2,600 SF

      2195 Silverton NE Rd

      BAR, TAVERN • 2,600 SF
      2195 Silverton NE Rd, Salem, OR 97301
      View Details

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    Similar Nearby for Lease

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    • $1.25 SF/Yr
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      Retail Space Available For Lease

      Retail space for lease featuring shared restroom and client access.
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    • $1,600 /Mo
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      Retail Space in Salem, Oregon

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    3755 Portland NE Rd
    Salem, OR 97301-0334
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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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