Technical
Financial
Distress signals
Property profile

4138 Market NE St Salem, OR 97301

OFF-MARKET
Assisted living facilities
Property ID
US71-1014902
81,863 SF 2.89 ac lot Built 1984
Entity Owned 6-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1984
Total area 81,863 SF
Lot 2.89 ac (125,888 SF)
Zoning code RM2
APN 072W19BD04000
UPID US71-1014902

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
  • Hair Salon Nail Salon

Location

4138 Market NE St Salem, OR 97301-2065
Salem metro Census 1701 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
by Request
Blend (final) Blend
$7.11M

Owner & transaction history

since 2020
Last sale
$7.1M
7 recorded transactions
2020
$29.6M
2020
$4.4M
2020
$4.4M
2020
Price N/A
2006
Price N/A
1988
$4.5M
1969
Price N/A

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
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 4138 Market NE St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message