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Property profile & analytics
OFF-MARKET Estimated value $5,425,000
Warehouses

3995 Fairview Industrial SE Dr Salem, OR 97302-1288

27,500 SF 3.76 ac lot Built 1999
Entity Owned 12-yr Hold ~ Est. High Equity
Property ID
US71-0312847
Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1999
Total area 27,500 SF
Lot 3.76 ac (163,786 SF)
Zoning code IBC
APN 083W12B 01493
UPID US71-0312847
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
Current use
Occupant on record · Public records
  • Garten Services Social Service Agency Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.42M
Blend (final) Blend
$5.43M
Owner & transaction history
Bar Industries INC · 12 yrs held
Bar Industries INC
since 2014
7 recorded transactions
2018
Price N/A
2017
Price N/A
2014
Price N/A
2014
Price N/A
2001
$2.0M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
IBC · 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 Business Campus
General category INDUSTRIAL
Zone area 92.43 ac
Source code of ordinances
Top alternative use upside
Office building $8.7M +30.8%
Retail stores $6.8M +1.5%
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