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Financial
Distress signals
Property profile

525 9th NW St 100 Salem, OR 97304

OFF-MARKET
Retail space
Property ID
US71-0411313
6,479 SF 0.5 ac lot Built 2018
Last sale Jul 2025
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a single-tenant retail space occupied by Mud Bay within The Pointe at Glen Creek shopping center in West Salem, Washington. The center is located on Wallace Road and is positioned along a major commuter and retail corridor. The offering refers to the shopping center as a Class A retail development. Tenant occupancy mentioned includes Davita Dialysis, Gilgamesh Brewing, OnPoint Community Credit Union, and Gentle Dental, and the Mud Bay brand is described as a Washington-based,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$23k
Tax billed · 2023
Assessed value$1.23M
Assessed land$167k
Assessed improvement$1.07M
Effective rate1.88%

Value estimate

· Oct 2026
$1.57M
$1.41M – $1.72M
CAP approach$1.20M
Submarket $/SF estimate$1.22M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$246/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$179 – $351

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IP
Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and...
General categoryINDUSTRIAL
JurisdictionPOLK

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store15.7
Electrical Service14.8
HVAC Service14.5

Location

525 9th NW St, Unit 100 Salem, OR 97304-3131
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
735 Edgewater St Nw Ste, Salem, OR 97304-3870 $425,000 Apr 2025 10,344 SF
2591 Wallace NW, Salem, OR 97304-1413 $4,400,000 Dec 2023 3,036 SF
2465 Salem Dallas NW, Salem, OR 97304-4512 $1,190,000 Apr 2023 7,400 SF
1120 Edgewater NW, Salem, OR 97304-4048 $350,000 Sep 2022 2,460 SF
290 Moyer NW, Salem, OR 97304-3822 $2,300,000 Sep 2021 13,240 SF
113 50th NW, Salem, OR 97304-3219 $26,000 Jan 2021 3,932 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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