Property profile

3825 Wolverine NE St Salem, OR 97305

OFF-MARKET
Medical Office Space
Property ID
US71-0510882
5,338 SF 0.81 ac lot Built 2003
Individually Owned 39-yr Hold Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL CLINIC
Year built 2003
Total area 5,338 SF
Lot 0.81 ac (35,284 SF)
Zoning code CR
APN 072W18CC00400
UPID US71-0510882

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Abortion Clinic Family Planning Center
  • Physician
  • Physician
  • Pediatrician Physician
  • Physician

Location

3825 Wolverine NE St Salem, OR 97305-1201
Salem metro Census 1607 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.80M
Blend (final) Blend
$375k

Owner & transaction history

since 1987
1 recorded transaction
1987
$45,000

Zoning & alternative use

CR · Salem, OR
Zoning description

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…

General category COMMERCIAL
Top alternative use upside
Restaurant $2.4M +30.4%
Auto repair, garage $1.9M +5.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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