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Property profile

471 High SE St Salem, OR 97301

OFF-MARKET
Other office properties
Property ID
US71-1018935
25,631 SF 0.4 ac lot Built 2005
Last sale Mar 2006 · $262,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a downtown Salem office building located in the central business district, designed for modern office use. It is a LEED-certified facility and is configured for office occupancy. The building setting includes views of a nearby creek. Nearby amenities include a gym, daycare, a post office, and restaurants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

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

· Oct 2026
$440k
$396k – $484k
Submarket $/SF estimate$6.60M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$257/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$149 – $374

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: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service13.6
Auto Parts Store13.5
Electrical Service13.1

Location

471 High SE St Salem, OR 97301-3616
County assessor · not on file Recorded deeds · 4 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
198 Commercial SE, Salem, OR 97301-3489 $6,500,000 Dec 2025 41,472 SF
454 17th NE, Salem, OR 97301-4223 $875,000 Dec 2025 5,481 SF
676 Church NE, Salem, OR 97301-2401 $925,000 Nov 2024 10,665 SF
494 State, Salem, OR 97301-3681 $2,000,000 Jun 2023 49,830 SF
960 Broadway NE, Salem, OR 97301-1275 $850,000 Sep 2022 9,613 SF
1311 Lancaster NE, Salem, OR 97301-1907 $1,300,000 Sep 2022 5,807 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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