Technical
Financial
Distress signals
Property profile

390 Cordon NE Rd Salem, OR 97317

OFF-MARKET
Hospitals
Property ID
US71-0763962
9,563 SF 10.57 ac lot Built 1997
Entity Owned Free & Clear
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Property profile

Verified
Property type Hospitals
Use group HOSPITAL - PRIVATE
Year built 1997
Total area 9,563 SF
Lot 10.57 ac (460,429 SF)
Zoning code P
APN 072W29D 00700
UPID US71-0763962

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
  • Child Welfare Organization Charitable Organization

Location

390 Cordon NE Rd Salem, OR 97317-5203
Salem metro Census 1703 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
$3.23M
Blend (final) Blend
$475k

Owner & transaction history

Zoning & alternative use

P · Salem, OR
Top alternative use upside
Restaurant $4.2M +30.4%
Auto repair, garage $3.4M +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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