Technical
Financial
Distress signals
Property profile

5005 Commercial SE St Salem, OR 97306

OFF-MARKET
Turn key restaurants
Property ID
US71-0486032
4,319 SF 0.52 ac lot Built 1993
Entity Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional restaurant property presents a unique investment opportunity in a high-traffic area of South Salem. The building boasts 4,251 square feet of well-maintained space, ideally suited for a variety of culinary concepts. Situated on a substantial 1.1-acre parcel (48,409 square feet), the property offers ample room for outdoor seating, expansion, or additional development. Its prime corner location at the signalized intersection of Kuebler Boulevard and South Commercial Street ensures high visibility and accessibility. The area is anchored by major retail establishments, guaranteeing a steady flow of potential customers. This single-tenant building is ready for immediate occupancy, providing a turnkey solution for established restaurants or ambitious entrepreneurs seeking a thriving location. The property's size and location make it an attractive investment for those seeking a strong return on investment in a dynamic commercial market. The substantial land area also offers potential for future development or expansion, adding further value to this already desirable property. This is a rare opportunity to acquire a well-positioned restaurant property in a highly sought-after location. The combination of size, location, and visibility makes this an exceptional investment prospect. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1993
Total area 4,319 SF
Lot 0.52 ac (22,651 SF)
Zoning code CG
APN 083W15AA00100
UPID US71-0486032

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
  • Restaurant

Location

5005 Commercial SE St Salem, OR 97306-1021
Salem metro Census 2303 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.09M
Blend (final) Blend
$3.13M

Owner & transaction history

since 2018
3 recorded transactions
2018
Price N/A
2018
Price N/A
1980
Price N/A

Zoning & alternative use

CG · Salem, OR
Zoning description

The purpose of the General Commercial (CG) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.

General category COMMERCIAL

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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