Entity Owned Property summary
This exceptional retail opportunity is located at 435 Liberty St NE, Salem, Oregon, 97301, in Marion County. The property boasts a substantial 61,461 square feet of total building space, with 25,000 square feet currently vacant, presenting a significant chance for a new tenant. The building is classified as a single-tenant big box retail space, zoned CB, and sits on a generous 2.65 acres of land. Its convenient location near the cross street of Center St. provides excellent visibility and… accessibility. The property's APN is 589205. This former Rite Aid location offers significant potential for a variety of retail uses, capitalizing on its strategic position to serve both downtown Salem and the west Salem residential areas. The downtown area is experiencing significant growth, with plans for 1,000 new apartment units in the coming years, promising increased foot traffic and consumer spending. This presents a unique opportunity to establish a thriving retail business in a rapidly developing market. The property's size and location make it ideal for a large-format retailer or a business requiring substantial space. Serious inquiries are encouraged.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 52,387 SF
- Lot area
- 2.65 ac
- Year built
- 1962
- Stories
- 1
- APN
- 073W22DC02000
- Zoning
- CB
- Assessed value · 2023
- $4,168,740
- Annual tax · 2023
- $81,819
- Auto Repair, Garage
- Medical Building
- Commercial (general) · current use
- Office Building
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
CHAPTER 524. - CB-CENTRAL BUSINESS DISTRICT Sec. 524.001. - Purpose. The purpose of the Central Business District (CB) Zone is to implement the central business district designation of the Salem Area Comprehensive Plan t…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
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- Location Insight
- Alternative use
- Local Zoning Insight
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