Financial
Distress signals
Property profile

447 Ct NE St Salem, OR 97301

OFF-MARKET
Commercial real estate
Property ID
US71-0986578
2,214 SF 0.05 ac lot Built 1957
Last sale May 1984 · $77,100
Entity Owned Owner of record is a legal entity (LLC / corporation). 42-yr Hold Held for 42 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

No data for this section
What does the county charge?

No tax or assessment record is on file for this parcel in the county feed.

Value estimate

· Sep 2026
$625k
$563k – $688k
Submarket $/SF estimate$627k

Realmo valuation models over county records and 3 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 comparables3

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?
CB
CHAPTER 524. - CB-CENTRAL BUSINESS DISTRICT Sec. 524.001. - Purpose. The purpose of the Central Business District (CB) Zone is to impleme...
General categoryCOMMERCIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Electrical Service9.4
HVAC Service9.2
Dry Cleaner8.9

Location

447 Ct NE St Salem, OR 97301-3639
County assessor · not on file Recorded deeds · 1 transfer 3 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
615 High NE, Salem, OR 97301-2489 $800,000 May 2025 2,429 SF
1667 Ctr NE, Salem, OR 97301-4268 $340,000 May 2025 2,240 SF
1311 Liberty NE, Salem, OR 97301-6429 $400,000 May 2025 3,200 SF
1890 Capitol NE, Salem, OR 97301-7859 $248,000 Mar 2025 1,440 SF
1880 Lana NE, Salem, OR 97301-0116 $720,000 Oct 2024 1,704 SF
1144 Ctr NE, Salem, OR 97301-2523 $782,500 Mar 2024 3,382 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
6 properties of the same type nearby
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 447 Ct 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