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    Property profile & analytics

    4646 Portland NE Rd Salem, OR 97305-1657

    • Hotels
    • 7,858 SF
    • 1.81 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 14, 2021
    $347,673
    Location Intelligence
    Property ID
    US71-0638336
    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

    • Hotels

    Property Details for 4646 Portland NE Rd

    Year built
    1993
    Lot size
    1.81 lot acres
    Property size
    7,858 SF
    Zone code
    CR
    Property type
    Hotels
    APN
    072W06CC05700
    APU
    072W06CC05700

    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
    -122.989
    Latitude
    44.9879
    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
    $0.00
    $0.00
    $0.00
    $0.00
    -
    $651,770
    $4,550,150
    $5,201,920

    Comparable in this City

    • Value Estimation by Request
      31,863 SF

      3340 Astoria NE Way

      HOTEL • 31,863 SF
      3340 Astoria NE Way, Salem, OR 97305-1667
      View Details
    • Value Estimation by Request
      31,773 SF

      1875 Fisher NE Rd

      HOTEL • 31,773 SF
      1875 Fisher NE Rd, Salem, OR 97305-1028
      View Details
    • Value Estimation by Request
      37,206 SF

      3535 Fisher NE Rd

      HOTEL • 37,206 SF
      3535 Fisher NE Rd, Salem, OR 97305-1419
      View Details
    • Value Estimation by Request
      0.83 Acres

      3557 Carmelle NE Ct

      CENTRALLY ASSESSED • 0.83 Acres
      3557 Carmelle NE Ct, Salem, OR 97305-3026
      View Details
    • Value Estimation by Request
      2.85 Acres

      2900 Evanston NE St

      VACANT COMMERCIAL LAND • 2.85 Acres
      2900 Evanston NE St, Salem, OR 97305-1113
      View Details
    • Value Estimation by Request
      5.11 Acres

      5586 Waconda NE Rd

      SBE - SPECIAL ASSESSMENTS • 5.11 Acres
      5586 Waconda NE Rd, Salem, OR 97305-9706
      View Details

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      Retail property with value-add opportunity in North Salem.
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      1.39 Acres

      4707 Silverton Rd NE

      Land • 10,059 SF
      4707 Silverton Rd, Salem, OR 97305
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      Commercial Land on Lancaster Drive

      High-exposure commercial/retail development lot on Lancaster Drive NE.
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      Freestanding Office Building with Land

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    Similar Nearby for Lease

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      7,006 SF Office Building, Suites Available
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      Prime Retail Space in Salem

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

      Retail Space on Lancaster Drive

      Retail space available in high-traffic Salem location.
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      View Details
    • $1.50 SF/Yr
      5,787 SF

      Lancaster Drive Office Space Available

      Professionally maintained office park with move-in ready suites.
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    • $1.42 SF/Yr
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      Retail Space in Salem, Oregon

      Retail space available with high traffic and good parking.
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    • $1.83 SF/Yr
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      Retail Space Available For Rent

      Retail space available for lease in Salem, Oregon.
      3815 Devonshire Ave NE, Salem, OR 97305
      View Details
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    4646 Portland NE Rd
    Salem, OR 97305-1657
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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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