Technical
Financial
Distress signals
Property profile

565 Lancaster SE Dr Salem, OR 97317

OFF-MARKET
Drive through restaurants
Property ID
US71-0937854
2,206 SF 0.76 ac lot Built 1999
Entity Owned 22-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1999
Total area 2,206 SF
Lot 0.76 ac (33,106 SF)
Zoning code CR
APN 072W31BD10600
UPID US71-0937854

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
  • Restaurant Take-out & Catering

Location

565 Lancaster SE Dr Salem, OR 97317-5642
Salem metro Census 1801 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.53M
Blend (final) Blend
$1.31M

Owner & transaction history

since 2003
1 recorded transaction
2003
$3.0M

Zoning & alternative use

CR · Salem, OR
Zoning description

The purpose of the Commercial Retail (CR) 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. Th…

General category COMMERCIAL

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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