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Property profile & analytics
FOR SALE
Office buildings
5121 Skyline Village Loop S, Salem, OR 97306
Entity Owned
~
Est. High Equity
Property ID
US71-0246766
For Sale
1 / 4
$8,200,000
5121 Skyline Village Loop S, Salem, OR 97306
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
62,916 SF
Lot
2.23 ac (97,139 SF)
Zoning code
CO
APN
083W16BB07500
UPID
US71-0246766
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
-
Site Services Now! Business To Business Service
-
Reverse Mortgage Loan Service Bank
-
Mentor Oregon Social Service Agency Charitable Organization
-
Resolv Healthcare - FKA First Pacific Corporation Business To Business Service
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
Skyline Hq LLC
Skyline Hq LLC
since 2025
Last sale
$7.2M
7 recorded transactions
Zoning & alternative use
CO · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
Tax billed
$177,756
Tax year 2023
Assessed value
$8,200,300
Assessed 2023
Previous assessed
$8,792,970
-6.7% YoY
Effective rate
2.17%
On assessed value
Land market value
$801,880
Improvement market value
$7,398,420
Total market value
$8,200,300
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
For Sale
Year built
2003
Heating
NONE
Stories
1
Total area
62,916 SF
Lot
2.23 ac (97,139 SF)
Zoning code
CO
APN
083W16BB07500
UPID
US71-0246766
Jurisdiction
MARION
Zoning & alternative use
CO · Salem, OR
Zoning CO · permitted uses
CO · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
NONE
Stories
1
Lot
2.23 ac
Current owner
From public records · entity-resolved
Skyline Hq LLC
Entity
Mailing address
PO BOX 3000, SALEM, OR 97302-8001
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2025
$7,200,000
Skyline Hq LLC
New Pac INC
Warranty Deed
$5,760,000 · Us Bank NA
Oct 8, 2020
—
New Pac INC
—
Deed
related
$5,535,000 · Bank Of Pacific
Oct 16, 2019
—
New Pac INC
—
Deed
related
$5,535,000 · Keybank USA
Apr 28, 2017
—
New Pac INC
—
Deed
related
$5,720,000 · Keybank USA
Jun 1, 2007
—
New Pac INC
Second Pac INC
Grant Deed
$6,280,000 · Key Bank & Trust
Jul 29, 2003
—
Second Pacific INC
First Pacific Corp
Grant Deed
$4,700,000 · Us Bank NA
Oct 31, 2002
—
First Pacific Corp
—
Deed Of Trust
related
$4,676,250 · Wells Fargo Bank
Oct 29, 2001
—
Pacific Equity LLC
—
Trustees Deed
related
$4,676,250 · Wells Fargo Bank
Jun 28, 2000
$610,000
Equity Advantage
Bershengle Enterprises LLC
Grant Deed
related
—
Sep 17, 1996
$447,330
Bershengle Enterprises LLC
Granada Land Co
Grant Deed
—
—
—
New Pac INC
—
Deed Of Trust
related
$5,535,000 · Keybank USA
—
—
New Pac INC
—
Deed Of Trust
related
$5,720,000 · Keybank USA
—
—
First Pacific Corp
—
Deed Of Trust
related
$14,335,929 · Us Bank NA
—
—
New Pac INC
—
Deed Of Trust
related
$5,535,000 · Bank Of Pacific
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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