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    Property profile & analytics

    4645 Portland NE Rd Salem, OR 97305-1662

    • Commercial land
    • 4.89 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-0418474
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial land

    Property Details for 4645 Portland NE Rd

    Lot size
    4.89 lot acres
    Zone code
    CR
    Property type
    Commercial land
    APN
    073W01D 01500
    APU
    073W01D01500

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.993
    Latitude
    44.9873
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $9,343
    $0.00
    $0.00
    $673,540
    -
    $1,405,860
    $0.00
    $1,405,860

    Comparable in this City

    • Value Estimation by Request
      0.68 Acres

      3540 Lancaster NE Dr

      VACANT COMMERCIAL LAND • 0.68 Acres
      3540 Lancaster NE Dr, Salem, OR 97305-1434
      View Details
    • Value Estimation by Request
      8.85 Acres

      3390 Blossom NE Dr

      VACANT COMMERCIAL LAND • 1,422 SF
      3390 Blossom NE Dr, Salem, OR 97305-1712
      View Details
    • Value Estimation by Request
      2.87 Acres

      Salem, OR 97305

      VACANT COMMERCIAL LAND • 2.87 Acres
      Salem, OR 97305
      View Details
    • Value Estimation by Request
      1.00 Acre

      Salem, OR 97305

      VACANT COMMERCIAL LAND • 1.00 Acre
      Salem, OR 97305
      View Details
    • Value Estimation by Request
      0.57 Acres

      4310 Silverton NE Rd

      VACANT COMMERCIAL LAND • 0.57 Acres
      4310 Silverton NE Rd, Salem, OR 97305-2058
      View Details
    • Value Estimation by Request
      0.46 Acres

      Salem, OR 97305

      VACANT COMMERCIAL LAND • 0.46 Acres
      Salem, OR 97305
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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    Similar Nearby for Lease

    • $13 SF/Yr
      61,362 SF

      Lancaster Drive Commercial Property

      61,362 sq ft Office/Retail Space in Salem
      3190 Lancaster Dr, Salem, OR 97305
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      10,059 SF

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    • $12 SF/Yr
      7,006 SF

      Prime Salem Executive Office Space

      7,006 SF Office Building, Suites Available
      4937 Indian School Rd, Salem, OR 97305
      View Details
    • $1.70 SF/Yr
      22,351 SF

      Prime Retail Space in Salem

      High-traffic retail space in SunnyLan Retail Center, Salem, OR.
      2118 Lancaster Dr Northeast, Salem, OR 97305
      View Details
    • $6,100,000
      1,868 SF

      Retail Space on Lancaster Drive

      Retail space available in high-traffic Salem location.
      2025-2423 Lancaster Dr NE, Salem, OR 97305
      View Details
    • $1.50 SF/Yr
      5,787 SF

      Lancaster Drive Office Space Available

      Professionally maintained office park with move-in ready suites.
      2475 Lancaster Dr NE, Salem, OR 97305
      View Details
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    4645 Portland NE Rd
    Salem, OR 97305-1662
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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