Technical
Financial
Distress signals
Property profile

4050 12th St Cut Off SE Salem, OR 97302

OFF-MARKET
Assisted living facilities
Property ID
US71-1016203
63,879 SF 2.3 ac lot Built 1997
Entity Owned 5-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Nursing Home Retirement Community

Location

4050 12th St Cut Off SE Salem, OR 97302-1775
Salem metro Census 2001 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$8.43M

Owner & transaction history

since 2020
Last sale
$8.4M
7 recorded transactions
2020
$8.4M
2013
$12.8M
2008
Price N/A
2008
Price N/A
2006
Price N/A
2005
$190,000
2004
$1.2M

Zoning & alternative use

RM2 · Salem, OR
Zoning description

The purpose of the Multiple Family Residential-II (RM-II) Zone is to implement the multiple family residential designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establish…

General category RESIDENTIAL

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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