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Property profile & analytics
OFF-MARKET
Estimated value
$4,310,000
Industrial properties
3787 Fairview Industrial SE Dr, Salem, OR 97302-1197
Individually Owned
1-yr Hold
Free & Clear
Property ID
US71-0766472
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1999
Total area
19,250 SF
Lot
3.34 ac (145,490 SF)
Zoning code
IBC
APN
083W02 01200
UPID
US71-0766472
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
ISA Corporation Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.84M
Comparable Approach
Comparable
$4.39M
Blend (final)
Blend
$4.31M
Owner & transaction history
Public Safety Tower Llcde · 1 yrs held
Public Safety Tower Llcde
since 2025
7 recorded transactions
Zoning & alternative use
IBC · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$6.9M
+98.9%
Medical building
$6.5M
+88.3%
Office building
$6.1M
+76.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,070,000
6.5%
$2,835,000
7%
$2,635,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,455,000
Current use
AUTO REPAIR, GARAGE
$6,875,000
Change: +99% · Conversion: Easy
MEDICAL BUILDING
$6,505,000
Change: +88% · Conversion: Difficult
OFFICE BUILDING
$6,110,000
Change: +77% · Conversion: Difficult
RETAIL STORES
$4,740,000
Change: +37% · Conversion: Moderate
WAREHOUSE, STORAGE
$4,670,000
Change: +35% · Conversion: Easy
COMMERCIAL (GENERAL)
$4,630,000
Change: +34% · Conversion: Difficult
Blend value · Realmo final
$4.31M
Range $3.88M – $4.74M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$47,236
Tax year 2023
Assessed value
$2,393,940
Assessed 2023
Previous assessed
$2,324,220
+3.0% YoY
Effective rate
1.97%
On assessed value
Land market value
$733,180
Improvement market value
$1,927,950
Total market value
$2,661,130
Applied tax rate
24,960.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1999
Heating
NONE
Stories
2
Total area
19,250 SF
Lot
3.34 ac (145,490 SF)
Zoning code
IBC
APN
083W02 01200
UPID
US71-0766472
Jurisdiction
MARION
Zoning & alternative use
IBC · Salem, OR
Zoning IBC · permitted uses
IBC · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$6.9M
MEDICAL BUILDING
Est. value
$6.5M
OFFICE BUILDING
Est. value
$6.1M
RETAIL STORES
Est. value
$4.7M
WAREHOUSE, STORAGE
Est. value
$4.7M
COMMERCIAL (GENERAL)
Est. value
$4.6M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
NONE
Stories
2
Lot
3.34 ac
Current owner
From public records · entity-resolved
Public Safety Tower Llcde
Individual
Free & Clear · 1 yrs held
Mailing address
580 ZOOT ENTERPRISES LN, BOZEMAN, MT 59718-8128
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2025
—
Public Safety Tower Llcde
Angel Share LLC
Deed
—
Apr 8, 2022
$7,250,000
Angel Share LLC
Spectrum Partners Limited Partnersh
Special Warranty Deed
$3,528,909 · Bank Of Bridger NA
Apr 22, 1998
—
Spectrum Partners LP
Feusner,john L
Grant Deed
related
—
Sep 12, 1997
$226,500
Feusner,john L
Urban Renewal Agency
Trustees Deed
—
Sep 12, 1997
$51,770
Urban Renewal Agency
Oregon State
Trustees Deed
—
—
—
Spectrum Partners LP
—
Deed Of Trust
related
$765,000 · National Mortgage Co
—
—
Spectrum Partners LP
—
Deed Of Trust
related
$194,000 · Key Bank & Trust
—
—
Spectrum Partners LP
—
Deed Of Trust
related
$1,735,000 · Key Bank & Trust
—
—
Isa Corp
—
Deed Of Trust
related
$210,000 · West Coast Bank
—
—
Spectrum Partners LP
—
Deed Of Trust
related
$765,000 · Standard Mortgage Investors
—
—
Spectrum Partners
—
Deed Of Trust
related
$1,200,000 · Umpqua Bank
—
—
Spectrum Partners
—
Deed Of Trust
related
$300,000 · Umpqua Bank
—
—
Spectrum Partners
—
Deed Of Trust
related
$1,802,500 · Umpqua Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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