Property profile

591 Clay St Dallas, OR 97338

OFF-MARKET
Office buildings
Property ID
US71-1017330
1,940 SF 0.12 ac lot Built 1994
Individually Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Total area 1,940 SF
Lot 0.12 ac (5,227 SF)
Zoning code CN
APN 07533-CA-02300
UPID US71-1017330

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
  • Physician
  • Physician
  • Physician Medical Clinic
  • Physician
  • Physician Medical Clinic

Location

591 Clay St Dallas, OR 97338-2812
Dallas metro Census 20203 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
$440k
Comparable Approach Comparable
$562k
Blend (final) Blend
$315k

Owner & transaction history

since 2026
Last sale
$555,000
3 recorded transactions
2026
$555,000
1993
$135,000
1969
Price N/A

Zoning & alternative use

CN · Dallas, OR
Zoning description

This district applies to limited commercial areas that primarily serve the immediate, surrounding neighborhood. It provides neighborhood goods and services at a smaller scale than the Commercial General District and is f…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $850,000 +114.6%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 591 Clay St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message