Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?

$3k

Tax billed · 2023

Assessed value$155k

Effective rate1.66%

Value estimate

· Nov 2026

$575k

$518k – $633k

Submarket $/SF estimate$576k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?

$283/SF

ZIP average, outlier-cleaned · 49 recorded sales of this use type

Observed band · Q1–Q3$105 – $440

Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through th...

General categoryCOMMERCIAL

JurisdictionMARION

Location intelligence

Which uses thrive at this corner?

Best fit: Law Firm

Demand heat for this use is drawn on the map · LocInt grid

Demand index

Law Firm16.1

HVAC Service11.6

Realty agency11.4

4068 State St Salem, OR 97301-5430

County assessor Recorded deeds · 7 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby

Address Sale price Sold Size

379 State, Salem, OR 97301-3533 $650,000 Jan 2025 6,080 SF

156 Frnt St Nec-2, Salem, OR 97301-3479 $615,000 Dec 2021 2,435 SF

405 Ct NE, Salem, OR 97301-3639 $250,000 Sep 2021 5,698 SF

135 19th SE, Salem, OR 97301-8884 $38,000 Apr 2021 2,145 SF

3882 State, Salem, OR 97301-5320 $194,750 Aug 2019 5,736 SF

575 Trade St Sec-1, Salem, OR 97301-3720 $395,000 Nov 2018 890 SF

Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.

Comparable nearby

Value Estimation
$640,000

2,556 SF

2376 State St

OFFICE/RESIDENTIAL (MIXED USE)

2376 State St, Salem, OR 97301-4542

View Details
Value Estimation
$1,180,000

3,600 SF

1745 Salem Industrial NE Dr

OFFICE/RESIDENTIAL (MIXED USE)

1745 Salem Industrial NE Dr, Salem, OR 97301-0377

View Details
Value Estimation
$1,620,000

3,680 SF

696 Hawthorne NE Ave

OFFICE/RESIDENTIAL (MIXED USE)

696 Hawthorne NE Ave, Salem, OR 97301-4619

View Details
Value Estimation
$790,000

2,435 SF

156 Frnt St Nec-2

STORE/OFFICE (MIXED USE)

156 Frnt St Nec-2, Salem, OR 97301-3479

View Details
Value Estimation
$725,000

4,573 SF

246 State St

STORE/OFFICE (MIXED USE)

246 State St, Salem, OR 97301-3444

View Details
Value Estimation
$2,445,000

5,554 SF

156 Frnt St Nec-1

STORE/OFFICE (MIXED USE)

156 Frnt St Nec-1, Salem, OR 97301-3479

View Details

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MU-III zoning and prior bar use are relevant considerations when evaluating the property's next commercial use.

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9,299 SF

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Two-parcel commercial/industrial portfolio with showroom, office, and warehouse space.

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Mixed-Use Commercial Building

Property supports retail, office, and medical uses at a signalized intersection.

388 Commercial St NE, Salem, OR 97301

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Similar in This City for Lease

New

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MU-1 zoning and on-site parking support a range of commercial occupancy options.

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New

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Mixed-use development with space available in South Salem.

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4068 State St Salem, OR 97301