Property profile

5490 Commercial SE St Salem, OR 97306

OFF-MARKET
Retail properties & Spaces
Property ID
US71-0458434
4,704 SF 0.36 ac lot Built 1993
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail properties & Spaces
Use group SERVICE SHOP (TV, ELECTRIC, PLUMBING)
Year built 1993
Total area 4,704 SF
Lot 0.36 ac (15,682 SF)
Zoning code CG
APN 083W14BC07100
UPID US71-0458434

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
  • HVAC Service General Contractor

Location

5490 Commercial SE St Salem, OR 97306-1120
Salem metro Census 2001 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
$1.12M
Blend (final) Blend
$1.30M

Owner & transaction history

since 2020
Last sale
$1.5M
3 recorded transactions
2020
$1.5M
1998
$625,000
1993
$45,900

Zoning & alternative use

CG · Salem, OR
Zoning description

The purpose of the General Commercial (CG) 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.

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.7M +123.0%
Medical building $1.6M +111.1%
Office building $1.3M +73.4%

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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