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Financial
Distress signals
Property profile

450 Pershing St Salem, OH 44460

OFF-MARKET
Manufacturing properties
Property ID
US66-2402896
21,311 SF 2.86 ac lot Built 1950
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents four buildings totaling 28,411 square feet on a 2.85-acre lot in Salem, Ohio. Located conveniently off West State Street, this property boasts 12.5' to 18' ceilings, two loading docks, and a 10" concrete floor. The site features 240V, 3-phase power (400-800 amps) and is completely fenced. All city utilities are available. The property is zoned M2 Heavy Industrial, and a city tax abatement is available for job creation. A Phase 1…

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.

Debts

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 · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value$111k
Assessed land$25k
Assessed improvement$86k
Effective rate4.80%

Value estimate

· Oct 2026
$415k
$374k – $457k
AI approach$565k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$29/SF
County average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$14 – $41

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

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOLUMBIANA

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand index
Realty agency28.3
Dental Office25.8
Building Supply20.8

Location

450 Pershing St Salem, OH 44460-2752
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

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 · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11000 Youngstown Salem, Salem, OH 44460-9654 $515,000 Jun 2024 16,032 SF
300 Benton, Salem, OH 44460-2029 $740,300 Dec 2023 25,739 SF
State, Salem, OH 44460 $750,000 Jan 2023 24,580 SF
14028 Middletown, Salem, OH 44460-9184 $400,000 Sep 2022 15,892 SF
1108 Salem, Salem, OH 44460-1063 $612,600 Jan 2022 21,800 SF
1134 Salem, Salem, OH 44460-1063 $552,390 Jan 2022 16,500 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
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