Property profile

4768 Niles NE Ave Salem, OR 97305

OFF-MARKET
Commercial land
Property ID
US71-0801569
888 SF 0.16 ac lot Built 1952
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1952
Total area 888 SF
Lot 0.16 ac (6,970 SF)
Zoning code IG
APN 073W01AC00800
UPID US71-0801569

Cap rate & NOI

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

Location

4768 Niles NE Ave Salem, OR 97305-1155
Salem metro Census 1601 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$85k

Owner & transaction history

since 2023
Last sale
$80,000
7 recorded transactions
2023
Price N/A
2015
$80,000
2012
$80,000
2010
$80,000
2007
$99,000
1996
$37,500
1996
$38,522

Zoning & alternative use

IG · Salem, OR
Zoning description

Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding q…

General category INDUSTRIAL

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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