Technical
Financial
Distress signals
Property profile

475 Prospect St Salem, OH 44460

OFF-MARKET
Flex space
Property ID
US66-1939312
21,630 SF 1.64 ac lot Built 1945
Individually Owned 4-yr Hold Free & Clear
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Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1945
Total area 21,630 SF
Lot 1.64 ac (71,656 SF)
APN 51-03779-000
UPID US66-1939312

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
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Big Box & Wholesale Store Building Supply

Location

475 Prospect St Salem, OH 44460-2618
Salem metro Census 950700 SALEM, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$480k
CAP Approach CAP
by Request
Comparable Approach Comparable
$559k
Blend (final) Blend
$480k

Owner & transaction history

since 2021
2 recorded transactions
2023
Price N/A
2021
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $910,000 +45.1%

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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