Property profile

598 18th SE St Salem, OR 97301

OFF-MARKET
Warehouses
Property ID
US71-0581933
2,000 SF 0.11 ac lot Built 1978
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1978
Total area 2,000 SF
Lot 0.11 ac (4,792 SF)
Zoning code IG
APN 073W26CA18600
UPID US71-0581933

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

598 18th SE St Salem, OR 97301
Salem metro Census 900 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$165k

Owner & transaction history

since 2025
Last sale
$105,000
2 recorded transactions
2025
$150,000
1976
$100

Zoning & alternative use

IG · Salem, OR
Zoning description

Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding q…

General category INDUSTRIAL

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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