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Property profile & analytics
OFF-MARKET Estimated value $7,335,000
Warehouses

3895 Cascadia Cyn SE Ave Salem, OR 97302-1377

23,956 SF 1.77 ac lot Built 2015
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US71-1549318
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 2015
Total area 23,956 SF
Lot 1.77 ac (77,101 SF)
Zoning code IC
APN 083W01CC00800
UPID US71-1549318
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.33M
Blend (final) Blend
$7.34M
Owner & transaction history
Vista Property Investments LLC · 16 yrs held
Vista Property Investments LLC
since 2010
1 recorded transaction
2010
$1.3M
Zoning & alternative use
IC · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas 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 qualification (1)…

Zone name Industrial Commercial
General category INDUSTRIAL
Zone area 1,285.18 ac
Source code of ordinances
Top alternative use upside
Restaurant $10.6M +81.7%
Auto repair, garage $8.6M +47.1%
Medical building $8.1M +39.3%
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