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Property profile & analytics
OFF-MARKET Estimated value $2,295,000
Auto shops

530 Wallace NW Rd Salem, OR 97304-3856

15,340 SF 1.03 ac lot Built 1998
Entity Owned 5-yr Hold Free & Clear
Property ID
US71-0434272
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1998
Total area 15,340 SF
Lot 1.03 ac (44,867 SF)
Zoning code IC
APN 07322-CB-02707
UPID US71-0434272
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
  • Les Schwab Tire Center (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.30M
Owner & transaction history
Sfp-f LLC · 5 yrs held
Sfp-f LLC
since 2021
2 recorded transactions
2021
Price N/A
2011
Price N/A
Zoning & alternative use
IC · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding qualification (1)…

Zone name Industrial Commercial
General category INDUSTRIAL
Zone area 1,285.18 ac
Source code of ordinances
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