Technical
Financial
Distress signals
Property profile

5245 Commercial SE St Salem, OR 97306

OFF-MARKET
Turn key restaurants
Property ID
US71-0846102
6,320 SF 1.3 ac lot Built 1997
Entity Owned 19-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1997
Total area 6,320 SF
Lot 1.3 ac (56,628 SF)
Zoning code CR
APN 083W14BC00400
UPID US71-0846102

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
  • (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

Location

5245 Commercial SE St Salem, OR 97306-1017
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
$3.65M
Blend (final) Blend
$3.18M

Owner & transaction history

since 2007
7 recorded transactions
2020
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
2019
Price N/A
2018
Price N/A
2016
Price N/A

Zoning & alternative use

CR · Salem, OR
Zoning description

The purpose of the Commercial Retail (CR) 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. Th…

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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