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Property profile & analytics
OFF-MARKET
Estimated value
$2,000,000
Showrooms
4723 Portland NE Rd, Salem, OR 97305-1761
Entity Owned
4-yr Hold
Free & Clear
Property ID
US71-1410813
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Lot
1.6 ac (69,696 SF)
Zoning code
CR
APN
072W06CB04300
UPID
US71-1410813
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Overhead Door Company of Salem Building Supply General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.00M
Owner & transaction history
Garage Door Pros Of Salem LLC · 4 yrs held
Garage Door Pros Of Salem LLC
since 2022
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
CR · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$5,713
Tax year 2023
Assessed value
$342,120
Assessed 2023
Previous assessed
$332,160
+3.0% YoY
Effective rate
1.67%
On assessed value
Land market value
$431,240
Improvement market value
$85,490
Total market value
$516,730
Applied tax rate
24,423.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Heating
NONE
Lot
1.6 ac (69,696 SF)
Zoning code
CR
APN
072W06CB04300
UPID
US71-1410813
Jurisdiction
MARION
Zoning & alternative use
CR · Salem, OR
Zoning CR · permitted uses
CR · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
1.6 ac
Current owner
From public records · entity-resolved
Garage Door Pros Of Salem LLC
Entity
Free & Clear · 4 yrs held
Mailing address
4723 PORTLAND RD NE, SALEM, OR 97305-1761
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 23, 2022
$2,000,000
Garage Door Pros Of Salem LLC
4723 Portland Road LLC
Warranty Deed
—
Sep 29, 2016
$535,000
4723 Portland Road LLC
Smith Penelope J Trust
Grant Deed
—
Sep 19, 2016
$535,000
4723 Portland Road LLC
Smith Penelope J Trust
Warranty Deed
$513,000 · Bank Of The Pacific
Aug 14, 2015
—
Sandy R Beem
Beem,sandy R & Penelope J
Quit Claim Deed
related
$725,000 · Bank Of The Pacific
Jul 3, 1997
$850,000
Sandy R Beem
Butler,g M & Marilyn C
Grant Deed
$700,000 · Seller
May 24, 1995
$550,000
Butler G M
Wittenberg,paul L & Judy A
Grant Deed
—
Mar 6, 1989
$60,000
Paul L Wittenberg
Unknown
Grant Deed
—
—
—
4723 Portland Road LLC
—
Loan Modification
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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