Property profile

881 Van Buren NW Dr Salem, OR 97304

OFF-MARKET
Commercial land
Property ID
US71-0434288
1.15 ac lot Built 1998
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1998
Lot 1.15 ac (50,094 SF)
Zoning code PS
APN 07320-C0-00600
UPID US71-0434288

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
  • Park

Location

881 Van Buren NW Dr Salem, OR 97304-3549
Salem metro Census 5203 SALEM, OR METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$375k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$375k

Owner & transaction history

Zoning & alternative use

PS · Salem, OR
Zoning description

The purpose of the Public Service (PS) Zone is to implement the Community Service designation of the Salem Area Comprehensive Plan through the identification of allowed uses and the establishment of development standards…

General category UNKNOWN

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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