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Property profile & analytics
OFF-MARKET
Estimated value
$730,000
Manufacturing properties
8820 Aumsville SE Hwy Salem, OR 97317-9157
Entity Owned
5-yr Hold
Free & Clear
Property ID
US71-0734886
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1991
Total area
5,096 SF
Lot
0.75 ac (32,670 SF)
Zoning code
P; I
APN
082W25B 01701
UPID
US71-0734886
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$750k
Comparable Approach
Comparable
$714k
Blend (final)
Blend
$730k
Owner & transaction history
Pmg Investments LLC · 5 yrs held
Pmg Investments LLC
since 2021
Last sale
$600,000
4 recorded transactions
Zoning & alternative use
P; I · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Warehouse, storage
$990,000
+8.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$925,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$815,000
6.5%
$750,000
7%
$695,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$915,000
Current use
WAREHOUSE, STORAGE
$990,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$730k
Range $657k – $803k · ±10% · vs last sale $600k (May 25 2021)
Last sale anchor
$600k
May 25 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,940
Tax year 2023
Assessed value
$252,900
Assessed 2023
Previous assessed
$245,540
+3.0% YoY
Effective rate
1.56%
On assessed value
Land market value
$105,410
Improvement market value
$438,400
Total market value
$543,810
Applied tax rate
5,050.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1991
Heating
NONE
Stories
1
Total area
5,096 SF
Lot
0.75 ac (32,670 SF)
Zoning code
P; I
APN
082W25B 01701
UPID
US71-0734886
Jurisdiction
MARION
Zoning & alternative use
P; I · Salem, ORZoning P; I · permitted uses
P; I · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$915,000
WAREHOUSE, STORAGE
Est. value
$990,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Heating
NONE
Stories
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Pmg Investments LLC
Entity
Free & Clear · 5 yrs held
Mailing address
8820 AUMSVILLE HWY SE, SALEM, OR 97317-9157
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2022
—
Pmg Investments LLC
—
Deed
related
$876,000 · Umpqua Bank
May 25, 2021
$100,000
Pmg Investments LLC
M & S Shetler LLC
Warranty Deed
—
Feb 26, 2015
—
M & S Shetler LLC
Shippey Gerald W & Janelle A
Grant Deed
related
$4,911,884 · Columbia St Bk
Jul 2, 1991
—
Gerald W Shippey
Unknown
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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