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    550 Hawthorne SE Ave Salem, OR 97301-5206
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    Property profile & analytics

    550 Hawthorne SE Ave, Salem, OR 97301-5206

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    • Office buildings
    • 39,748 SF
    • 3.01 lot acres
    Off-Market
    Property ID
    US71-0736292
    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.

    Value Estimations
    $14,145,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • State Farm Operations Center - Salem / Financial Advisor / Insurance Agency
    • Salem Health Patient Financial Services / Medical Billing Service
    • Behavioral Care Network / Medical Clinic
    • Colson Interiors, Inc / Interior Design / Home Decor Store
    • PACIFIC CARDIOVASCULAR CENTER, LLC / Medical Clinic / Hospital

    Property Details for 550 Hawthorne SE Ave

    Year built
    2006
    Lot size
    3.01 lot acres
    Zone code
    IBC
    Property type
    Office buildings
    APN
    073W36A 00600
    APU
    073W36A00600

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 14, 2016 — Hawthorne Premier LLC — Deed · related $300k · Bank Of The Cascades
    — — Hawthorne Premier LLC — Loan Modification · related —
    — — Hawthorne Premier LLC — Deed Of Trust · related $300k · Bank Of The Cascades

    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $14,145,000
      Market price range: $5.93M - $14.9M
      AI Estimate
      $14,145,000
      Market price range: $5.93M - $14.9M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $10,230,000
      Current use
      RESTAURANT
      $17,525,000
      Change: +71% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $14,190,000
      Change: +39% Conversion: Difficult
      MEDICAL BUILDING
      $13,435,000
      Change: +31% Conversion: Easy
      COMMERCIAL (GENERAL)
      $11,250,000
      Change: +10% Conversion: Easy
      RETAIL STORES
      $9,790,000
      Change: -4% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.992
    Latitude
    44.9237
    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
    $128,343
    $0.00
    $0.00
    $6,539,160
    -
    $703,110
    $8,476,340
    $9,179,450
    More about this property
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