Property profile

875 Oak St Se5e Salem, OR 97301

OFF-MARKET
Medical Office Space
Property ID
US71-0676132
3,831 SF 0.09 ac lot Built 2000
Entity Owned 19-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 2000
Total area 3,831 SF
Lot 0.09 ac (3,920 SF)
Zoning code CO
APN 073W27DA90032
UPID US71-0676132

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Medical Laboratory Diagnostic Center
  • Nursing Home
  • Medical Clinic
  • Medical Group Midwife
  • Pharmacy

Location

875 Oak St Se5e Salem, OR 97301-3975
Salem metro Census 200 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.67M
Blend (final) Blend
$970k

Owner & transaction history

since 2007
1 recorded transaction
2007
$969,750

Zoning & alternative use

CO · Salem, OR
Zoning description

The purpose of the Commercial Office (CO) Zone is to implement the commercial designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards.

General category COMMERCIAL
Top alternative use upside
Auto repair, garage $1.4M +5.6%

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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