Property profile

4656 Commercial SE St Salem, OR 97302

OFF-MARKET
Turn key restaurants
Property ID
US71-0840197
3,672 SF 1.33 ac lot Built 1994
Entity Owned Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1994
Total area 3,672 SF
Lot 1.33 ac (57,935 SF)
Zoning code CR
APN 083W10DA02700
UPID US71-0840197

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

4656 Commercial SE St Salem, OR 97302-1902
Salem metro Census 2001 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.54M
Blend (final) Blend
$2.90M

Owner & transaction history

since 2026
Last sale
$3.1M
7 recorded transactions
2026
$3.1M
2023
Price N/A
2002
$450,000
1999
Price N/A
1994
$260,000
1989
Price N/A
1969
Price N/A

Zoning & alternative use

CR · Salem, OR
Zoning description

The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards. Th…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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