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Property profile & analytics
OFF-MARKET
Specialty properties
7620 Heron NE St, Salem, OR 97305-9582
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US71-1314636
Property profile
Verified
Property type
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Lot
4.1 ac (178,596 SF)
Zoning code
EFU
APN
072W11C 01000
UPID
US71-1314636
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Kyle Kirsch · 7 yrs held
Kyle Kirsch
since 2018
7 recorded transactions
Zoning & alternative use
EFU · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$57
Tax year 2023
Assessed value
$4,117
Assessed 2023
Previous assessed
$3,998
+3.0% YoY
Effective rate
1.38%
On assessed value
Land market value
$104,420
Total market value
$104,420
Applied tax rate
4,410.0000
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
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Status
Off-Market
Heating
NONE
Lot
4.1 ac (178,596 SF)
Zoning code
EFU
APN
072W11C 01000
UPID
US71-1314636
Jurisdiction
MARION
Zoning & alternative use
EFU · Salem, OR
Zoning EFU · permitted uses
EFU · 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.
Building & site characteristics
From public records
Heating
NONE
Lot
4.1 ac
Current owner
From public records · entity-resolved
Kyle Kirsch
Individual
Mailing address
7620 HERON ST NE, SALEM, OR 97305-9582
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 28, 2018
$799,000
Kyle Kirsch
Davis,tracy L
Warranty Deed
$639,200 · State Farm Bk
Feb 28, 2005
—
Guy H Davis
Davis,guy L & Donna H
Quit Claim Deed
related
—
Apr 23, 1987
$100,000
Norma M Deguire
Unknown
Grant Deed
—
—
—
Kyle Kirsch
—
Deed Of Trust
related
$653,991 · Nations Lndg
—
—
Tracy L Davis
—
Deed Of Trust
related
$40,000 · Rivermark Cmnty Cu
—
—
Guy H Davis
—
Deed Of Trust
related
$100,000 · Washington Mutual Fsb
—
—
Guy H Davis
—
Deed Of Trust
related
$262,000 · Homestreet Bank
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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