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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Showrooms
6492 Portland NE Rd, Salem, OR 97305-2433
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US71-0780746
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1991
Total area
8,242 SF
Lot
4.28 ac (186,437 SF)
Zoning code
I
APN
062W31A 00700
UPID
US71-0780746
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Reality RV Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.39M
Comparable Approach
Comparable
$1.81M
Blend (final)
Blend
$1.99M
Owner & transaction history
Dj Holdings LLC · 3 yrs held
Dj Holdings LLC
since 2022
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
I · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.9M
+36.2%
Medical building
$2.8M
+28.9%
Office building
$2.3M
+5.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,500,000
6.5%
$1,385,000
7%
$1,285,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,160,000
Current use
AUTO REPAIR, GARAGE
$2,945,000
Change: +36% · Conversion: Difficult
MEDICAL BUILDING
$2,785,000
Change: +29% · Conversion: Easy
OFFICE BUILDING
$2,290,000
Change: +6% · Conversion: Easy
RETAIL STORES
$2,030,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$1.99M
Range $1.79M – $2.18M · ±10% · vs last sale $2.50M (Jul 8 2022)
Last sale anchor
$2.50M
Jul 8 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$241 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$8,098
Tax year 2023
Assessed value
$572,000
Assessed 2023
Previous assessed
$555,340
+3.0% YoY
Effective rate
1.42%
On assessed value
Land market value
$443,950
Improvement market value
$729,890
Total market value
$1,173,840
Applied tax rate
92,410.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1991
Heating
NONE
Stories
1
Total area
8,242 SF
Lot
4.28 ac (186,437 SF)
Zoning code
I
APN
062W31A 00700
UPID
US71-0780746
Jurisdiction
MARION
Zoning & alternative use
I · Salem, OR
Zoning I · permitted uses
I · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.9M
MEDICAL BUILDING
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Lot
4.28 ac
Current owner
From public records · entity-resolved
Dj Holdings LLC
Entity
Mailing address
PO BOX 21807, KEIZER, OR 97307-1807
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$2,500,000
Dj Holdings LLC
Lakeside Investment Group LLC
Warranty Deed
$2,562,200 · Pacific Western National Bank
Mar 2, 2018
—
Lakeside Investment Group LLC
—
Deed
related
$800,000 · Columbia St Bk-portland Cbc 1
Jun 8, 2015
—
Howe,rae J Trust
Howe Rae J
Quit Claim Deed
related
—
—
—
Lakeside Investment Group LLC
—
Deed Of Trust
related
$800,000 · Columbia St Bk-portland Cbc 1
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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