Property profile

3942 State St Salem, OR 97301

OFF-MARKET
Warehouses
Property ID
US71-0225466
1,476 SF 0.37 ac lot Built 1982
Trust Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Total area 1,476 SF
Lot 0.37 ac (16,117 SF)
Zoning code CR
APN 072W30CC03900
UPID US71-0225466

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
  • Car Dealership
  • Car Dealership

Location

3942 State St Salem, OR 97301-5322
Salem metro Census 1801 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
by Request
Blend (final) Blend
$275k

Owner & transaction history

since 2019
Last sale
$525,000
4 recorded transactions
2019
Price N/A
2011
$263,250
2009
$263,250
2006
Price N/A

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

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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