540 Patterson NW St Salem, OR 97304-3950
Property profile & analytics
540 Patterson NW St, Salem, OR 97304-3950
- Office buildings
- 3,503 SF
- 1.40 lot acres
Property ID
US71-0747695
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Monarch Lash Co / Hair Salon / Nail Salon
- Edward Jones - Financial Advisor: Caitlin M Davis, CFP®|AAMS™ / Financial Advisor
- Willamette Valley Wellness-West / Alternative Medicine Practice
Property Details for 540 Patterson NW St
- Year built
- 2021
- Lot size
- 1.40 lot acres
- Zone code
- IG
- Property type
- Office buildings
- APN
- 07321-DA-01101
- APU
- 07321DA01101
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Sep 24, 2020 | — | Kerley Commercial LLC | Kerley Commercial LLC | Quit Claim Deed · related | — |
| Oct 1, 2018 | — | West Salem Business Park LLC | — | Deed · related | — |
| Feb 23, 2018 | — | West Salem Storage LLC | — | Deed · related | $1.5M · Miscellaneous Govt Agcy |
| Aug 22, 2017 | — | West Salem Business Park LLC | — | Trustees Deed · related | $575k · Willamette Vly Bk |
| Jun 5, 2017 | — | West Salem Business Park LLC | West Salem Storage LLC | Quit Claim Deed · related | — |
| Jun 2, 2017 | — | West Salem Business Park LLC | West Salem Storage LLC | Quit Claim Deed | $1M · Business Dev Department |
| Feb 28, 2011 | — | Owner Name Unavailable | Patterson Business Park LLC | Warranty Deed · related | — |
| — | — | West Salem Storage LLC | — | Deed Of Trust · related | $1M · Business Dev Department |
| — | — | West Salem Storage LLC | — | Deed Of Trust · related | $200k · Miscellaneous Govt Agcy |
| — | — | West Salem Storage LLC | — | Loan Modification · related | $1.5M · Miscellaneous Govt Agcy |
| — | — | West Salem Business Park LLC | — | Loan Modification · related | — |
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $760,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $860,000
- 6.5%
- $790,000
- 7%
- $735,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $858,000
Market price range: $260k - $858k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $970,000 Current use
- MEDICAL BUILDING
- $1,185,000 Change: +22% Conversion: Easy
- COMMERCIAL (GENERAL)
- $920,000 Change: -6% Conversion: Easy
- RETAIL STORES
- $865,000 Change: -11% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Polk
- State
- Oregon
- Longitude
- -123.056
- Latitude
- 44.9464
- CBSA code
- 41420
- CBSA name
- SALEM, OR METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$33,339
$228,720
$1,540,220
$1,768,940
-
$291,850
$3,073,090
$3,364,940
