New search
Property profile & analytics
OFF-MARKET
Estimated value
$8,430,000
Assisted living facilities
4050 12th St Cut Off SE, Salem, OR 97302-1775
Entity Owned
5-yr Hold
Free & Clear
Property ID
US71-1016203
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Total area
63,879 SF
Lot
2.3 ac (100,188 SF)
Zoning code
RM2
APN
083W10AA00200
UPID
US71-1016203
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
-
Redwood Heights Assisted Living Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.43M
Owner & transaction history
Epc Landlord Group LLC · 5 yrs held
Epc Landlord Group LLC
since 2020
Last sale
$8.4M
7 recorded transactions
Zoning & alternative use
RM2 · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$132 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$111,448
Tax year 2023
Assessed value
$5,818,640
Assessed 2023
Previous assessed
$5,683,510
+2.4% YoY
Effective rate
1.92%
On assessed value
Land market value
$450,850
Improvement market value
$5,367,790
Total market value
$5,818,640
Applied tax rate
24,010.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
1997
Heating
NONE
Stories
1
Total area
63,879 SF
Lot
2.3 ac (100,188 SF)
Zoning code
RM2
APN
083W10AA00200
UPID
US71-1016203
Jurisdiction
MARION
Zoning & alternative use
RM2 · Salem, OR
Zoning RM2 · permitted uses
RM2 · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
NONE
Stories
1
Lot
2.3 ac
Current owner
From public records · entity-resolved
Epc Landlord Group LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2020
$8,430,000
Epc Landlord Group LLC
Arhc Rhsalor01 LLC
Grant Deed
—
Aug 7, 2013
$12,771,261
Arhc Rhsalor01 LLC
Wspt Redwood Heights Invtrs V
Grant Deed
—
Aug 18, 2008
—
Overlook Rh Exchange LLC
—
Deed Of Trust
related
$50,000,000 · Guaranty Bank
Mar 13, 2008
—
Redwood Heights Invtrs V Wspt
Overlook Rh Exchange LLC
Grant Deed
related
—
Oct 24, 2006
—
Redwood Heights Invtrs V Wspt
Overlook Rh Exchange LLC
Grant Deed
$50,000,000 · Guaranty Bank
Jan 14, 2005
$190,000
Ccgi Redwood LLC
Redwood So LLC
Warranty Deed
related
—
Dec 30, 2004
$1,186,084
Overlook De LLC
Wec Redwood LLC
Grant Deed
—
Dec 30, 2004
$395,362
Overlook De LLC
Ccgi Redwood LLC
Grant Deed
—
Dec 30, 2004
$316,289
Overlook De LLC
Gwb Redwood LLC
Grant Deed
—
Dec 30, 2004
$3,199,408
Overlook Redwood De LLC
Jmh Redwood LLC
Grant Deed
—
Dec 30, 2004
$488,748
Overlook Redwood De LLC
Jmh Redwood LLC
Grant Deed
—
Dec 30, 2004
$3,688,156
Jmh Redwood LLC
Redwood Heights LLC
Grant Deed
related
—
Nov 4, 1996
$120,000
Eagle Exchange Corp
Iufer,janet L
Grant Deed
$120,000 · Mortgage One Ltd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4050 12th St Cut Off SE?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
