Technical
Financial
Distress signals
Property profile

875 Promontory SE Pl Salem, OR 97302

OFF-MARKET
Day care centers
Property ID
US71-0997104
4,920 SF 0.56 ac lot Built 1983
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1983
Total area 4,920 SF
Lot 0.56 ac (24,394 SF)
Zoning code CR
APN 083W10AB00201
UPID US71-0997104

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
  • High School Daycare Center

Location

875 Promontory SE Pl Salem, OR 97302-1716
Salem metro Census 1100 SALEM, OR METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
$550k

Owner & transaction history

since 2015
6 recorded transactions
2015
$500,000
2003
Price N/A
1994
Price N/A
1983
$87,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CR · Salem, OR
Zoning description

The purpose of the Commercial Retail (CR) 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. Th…

General category COMMERCIAL

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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