835 Piedmont NW Ave 1 Salem, OR 97304-3700
to the development standards of the Single Family Residential (RS) zone set forth in SRC chapter 511 , except the lot size and dimensions standards, and to all other applicable provisions of the UDC. (C) Option to rebuild in same location. Notwithstanding SRC 525.010 (a)(1)(A) and (B), any continued development housing a continued single family use or associ…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
RS · Salem, ORto the development standards of the Single Family Residential (RS) zone set forth in SRC chapter 511 , except the lot size and dimensions standards, and to all other applicable provisions of the UDC. (C) Option to rebuild in same location. Notwithstanding SRC 525.010 (a)(1)(A) and (B), any continued development housing a continued single family use or associated accessory structure rebuilt following damage or destruction may either be located on the same location on the lot as the original building or structure, or in compliance with the setbacks of the Single Family Residential (RS) zone set forth in SRC 511.010 (b). (2) All other uses. Continued development housing a use other than a continued single family use may be structurally altered, enlarged, or rebuilt following damage or destruction, provided such alteration, enlargement, or rebuilding conforms to the following standards: (A) Minor alterations. Exterior alterations to buildings that alter an existing building façade area facing a public street right-of-way by less than 20 percent are exempt from all of the development standards in this chapter. Such alterations shall not increase the building façade's nonconformity to the design standards of SRC 525.010 (i). (B) Minor additions. Additions to buildings that alter or enlarge an existing building façade area facing a public street right-of-way by less than 20 percent are exempt from all of the development standards in this chapter except for street frontage, interior setbacks, parking, landscaping, and maximum height standards. Such additions shall not increase the building façade's nonconformity to the design standards of SRC525.010(i). (C) Major alterations. Exterior alterations to buildings that alter an existing building façade area facing a public street right-of-way by between 20 percent and 60 percent shall decrease that building façade's nonconformity to all design standards of SRC525.010(i). Such alterations are exempt from all other development standards in this chapter. (D) Major additions. Additions to buildings that enlarge an existing building façade area facing a public street right-of-way by between 20 percent and 60 percent shall comply with at least two of the four design standards of SRC 525.010 (i) and all applicable development standards in this chapter except for setback abutting a street and the parking location standards of SRC 525.010 (h). (E) Substantial alterations.
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.