Property profile

3871 Boone SE Rd Salem, OR 97317

OFF-MARKET
Warehouses
Property ID
US71-0408490
8,975 SF 6.14 ac lot Built 1972
Entity Owned 21-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group STORAGE YARD (JUNK, SALVAGE)
Year built 1972
Total area 8,975 SF
Lot 6.14 ac (267,458 SF)
Zoning code IG
APN 082W07C 01500
UPID US71-0408490

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
  • Auto Parts Store

Location

3871 Boone SE Rd Salem, OR 97317-9334
Salem metro Census 1803 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$540k

Owner & transaction history

since 2004
4 recorded transactions
2004
Price N/A
1986
$145,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

IG · Salem, OR
Zoning description

Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding q…

General category INDUSTRIAL

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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