Property profile

3960 Airway SE Dr Salem, OR 97302

OFF-MARKET
Commercial real estate
Property ID
US71-1617161
9,600 SF Built 2017
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2017
Total area 9,600 SF
Zoning code IP
APN 083W01 01200A1
UPID US71-1617161

Cap rate & NOI

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

Location

3960 Airway SE Dr Salem, OR 97302
Salem metro Census 1000 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
$1.81M
Blend (final) Blend
$435k

Owner & transaction history

Zoning & alternative use

IP · Salem, OR
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 u…

General category INDUSTRIAL
Top alternative use upside
Retail stores $2.4M +2.4%
Warehouse, storage $2.3M +0.9%

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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