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    Property profile & analytics

    490 Pne NE St Salem, OR 97301-8316

    • Retail space
    • 2,400 SF
    • 0.34 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 01, 2021
    $2,500,000
    Location Intelligence
    Property ID
    US71-0961820
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • ATM 7ELEVEN, INC. / Bank / Bank Or Atm
    • Western Union / Money Transfer Service
    • 7-Eleven / Convenience Store
    • Citibank ATM / Atm
    • Redbox / Movie Rental Store / Movie Rental Kiosk

    Property Details for 490 Pne NE St

    Year built
    1978
    Lot size
    0.34 lot acres
    Property size
    2,400 SF
    Zone code
    CR; RS
    Property type
    Retail space
    APN
    073W14CB03600
    APU
    073W14CB03600

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -123.029
    Latitude
    44.9618
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,209
    $0.00
    $0.00
    $316,360
    -
    $122,090
    $254,960
    $377,050

    Comparable in this City

    • Value Estimation by Request
      2.12 Acres

      3599 Portland NE Rd

      RETAIL STORES (PERSONAL SERVICES) • 2.12 Acres
      3599 Portland NE Rd, Salem, OR 97301-2507
      View Details
    • Value Estimation by Request
      4,471 SF

      411 Lancaster NE Dr

      RETAIL STORES (PERSONAL SERVICES) • 4,471 SF
      411 Lancaster NE Dr, Salem, OR 97301-4729
      View Details
    • Value Estimation by Request
      24,942 SF

      474 Lancaster NE Dr

      RETAIL STORES (PERSONAL SERVICES) • 24,942 SF
      474 Lancaster NE Dr, Salem, OR 97301-4784
      View Details
    • Value Estimation by Request
      764 SF

      233 Liberty NE St

      RETAIL STORES (PERSONAL SERVICES) • 764 SF
      233 Liberty NE St, Salem, OR 97301-3531
      View Details
    • Value Estimation by Request
      1,936 SF

      175 Commercial NE St

      RETAIL STORES (PERSONAL SERVICES) • 1,936 SF
      175 Commercial NE St, Salem, OR 97301-3402
      View Details
    • Value Estimation by Request
      10,744 SF

      311 Commercial NE St

      RETAIL STORES (PERSONAL SERVICES) • 10,744 SF
      311 Commercial NE St, Salem, OR 97301-3413
      View Details

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    Similar Nearby for Lease

    • $1.50 SF/Yr
      496 SF

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      Retail Space Available For Lease

      Retail space available for lease, approximately 1583 square feet.
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    • $1.25 SF/Yr
      716 SF

      Retail Space with Offices

      Retail space featuring a reception area and three offices.
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    • $28 SF/Yr
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      Retail Space with High Visibility

      Retail spaces with prime signage and high traffic exposure.
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    • $1.25 SF/Yr
      2,077 SF

      Retail Space in Busy Center

      Retail showroom with storage in a patrolled shopping center.
      1521-1555 Hawthorne Ave NE, Salem, OR 97301
      View Details
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    490 Pne NE St
    Salem, OR 97301-8316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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