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Property profile & analytics
OFF-MARKET
Office buildings
5061 Liberty S Rd Salem, OR 97306-2073
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US71-0980496
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
1,404 SF
Lot
0.64 ac (27,878 SF)
Zoning code
CO
APN
083W09CD08600
UPID
US71-0980496
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
-
Purtell Jerry B CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bridgeway Holdings LLC · 8 yrs held
Bridgeway Holdings LLC
since 2017
7 recorded transactions
Zoning & alternative use
CO · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the Commercial Office (CO) 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.
Zone name
Commercial Office
General category
COMMERCIAL
Zone area
128.17 ac
Source
Realmo
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
Land market value
$220,790
Improvement market value
$288,290
Total market value
$509,080
Applied tax rate
24,010.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Buildings
2
Stories
1
Bathrooms
2
Total area
1,404 SF
Lot
0.64 ac (27,878 SF)
Zoning code
CO
APN
083W09CD08600
UPID
US71-0980496
Jurisdiction
MARION
Zoning & alternative use
CO · Salem, ORZoning CO · permitted uses
CO · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the Commercial Office (CO) 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.
Zone name
Commercial Office
General category
COMMERCIAL
Zone area
128.17 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1998
Heating
FORCED AIR
Stories
1
Buildings
2
Bathrooms
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
Bridgeway Holdings LLC
Entity
Mailing address
PO BOX 17818, SALEM, OR 97305-7818
Ownership since
2017
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
Oct 16, 2017
$425,000
Bridgeway Holdings LLC
Stutman,marc C & Marlene A
Warranty Deed
related
$340,000 · Willamette Cmnty Bk
May 13, 2015
$425,000
Marc C Stutman
Purtell Jerry B & Carolyn A
Warranty Deed
—
Jun 2, 2011
—
Stone Michael & Marea Trust
Stone,michael W
Quit Claim Deed
related
—
Aug 18, 1997
$147,500
Jerry B Purtell
Slover,delmar D
Grant Deed
$118,000 · Commercial Bank
—
—
Jerry B Furtell
—
Deed Of Trust
related
$124,000 · Commercial Bank
—
—
Jerry B Purtell
—
Deed Of Trust
related
$40,000 · West Coast Bank
—
—
Jerry B Purtell
—
Deed Of Trust
related
$196,136 · West Coast Bank
—
—
Delmar Slover
—
Deed Of Trust
related
$25,000 · Individual
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.
Try Rey
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