Financial
Distress signals
Property profile

724 High NE St Salem, OR 97301

OFF-MARKET
Automotive properties
Property ID
US71-0593890
1,048 SF 0.16 ac lot Built 1978
Last sale Jan 2018 · $235,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 800-square-foot retail space, located at 724 High St NE in Salem, Oregon, presents a fantastic opportunity for a variety of businesses. Situated on a 6,811-square-foot lot, this single-tenant property is part of a larger building totaling 1,048 square feet. The building, constructed in 1978 and renovated in 2019, is a single-story structure with convenient access via High St NE and a cross street of Union St. The space boasts a separate entrance, providing excellent

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$175k
Effective rate1.96%

Value estimate

· Sep 2026
$240k
$216k – $264k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$357/SF
County average, outlier-cleaned · 20 recorded sales of this use type
Observed band · Q1–Q3$153 – $485

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CR
The purpose of the Commercial Retail (CR) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through th...
General categoryCOMMERCIAL
JurisdictionMARION

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner9.0
Shoe Repair8.6
Laundry Service8.4

Location

724 High NE St Salem, OR 97301-2440
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
280 Pne NE, Salem, OR 97301-0729 $1,240,000 Apr 2025 920 SF
4180 Portland NE, Salem, OR 97301-6700 $1,650,000 Feb 2025 1,134 SF
2710 Broadway NE, Salem, OR 97301-0993 $100,000 May 2024 1,344 SF
2095 Fairgrounds NE, Salem, OR 97301-0604 $290,000 Jan 2022 2,002 SF
3170 Market NE, Salem, OR 97301-1813 $250,000 Sep 2021 1,104 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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