Property profile

859 7th NW St Salem, OR 97304

OFF-MARKET
Industrial properties
Property ID
US71-0842392
6,440 SF 4.45 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
Total area 6,440 SF
Lot 4.45 ac (193,842 SF)
Zoning code IP
APN 07321-DA-01300
UPID US71-0842392

Cap rate & NOI

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

Location

859 7th NW St Salem, OR 97304-3806
Salem metro Census 5100 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.67M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.49M

Owner & transaction history

since 2023
Last sale
$5.8M
4 recorded transactions
2023
$5.8M
2012
Price N/A
2008
Price N/A
1969
Price N/A

Zoning & alternative use

IP · Salem, OR
Zoning description

Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle u…

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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