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Property profile & analytics
OFF-MARKET
Estimated value
$3,695,000
Manufacturing properties
8855 Pueblo NE Ave Salem, OR 97305-7900
Entity Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US71-0460713
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PROCESSING
Year built
1962
Total area
25,200 SF
Lot
1.1 ac (47,916 SF)
Zoning code
IUC
APN
062W17CA02100
UPID
US71-0460713
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
Current use
Occupant on record · Public records
-
Curry & Co Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.53M
Blend (final)
Blend
$3.70M
Owner & transaction history
Oregon Onions INC · 13 yrs held
Oregon Onions INC
since 2013
7 recorded transactions
Zoning & alternative use
IUC · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
code of ordinances
Top alternative use upside
Warehouse, storage
$4.9M
+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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,525,000
Current use
WAREHOUSE, STORAGE
$4,900,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$3.70M
Range $3.33M – $4.06M · ±10%
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
$147 / 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
$8,956
Tax year 2023
Assessed value
$817,700
Assessed 2023
Previous assessed
$748,380
+9.3% YoY
Effective rate
1.10%
On assessed value
Land market value
$161,720
Improvement market value
$657,060
Total market value
$818,780
Applied tax rate
2,410.0000
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
FOOD PROCESSING
Status
Off-Market
Year built
1962
Heating
NONE
Stories
2
Total area
25,200 SF
Lot
1.1 ac (47,916 SF)
Zoning code
IUC
APN
062W17CA02100
UPID
US71-0460713
Jurisdiction
MARION
Zoning & alternative use
IUC · Salem, ORZoning IUC · permitted uses
IUC · 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
$4.5M
WAREHOUSE, STORAGE
Est. value
$4.9M
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
1962
Heating
NONE
Stories
2
Lot
1.1 ac
Current owner
From public records · entity-resolved
Oregon Onions INC
Entity
Mailing address
15049 PARK AVE NE, AURORA, OR 97002-9249
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2013
—
Oregon Onions INC
—
Loan Modification
related
$1,250,000 · Wells Fargo Bank
Feb 16, 2012
—
Oregon Onions INC
—
Deed Of Trust
related
$1,250,000 · Wells Fargo Bank
Apr 14, 2011
—
Curry & Co INC
—
Trustees Deed
related
$600,000 · Wells Fargo Bank
Jan 3, 2011
—
Oregon Onions INC
—
Deed Of Trust
related
$1,250,000 · Wells Fargo Bank
Feb 3, 2010
—
Oregon Onions INC
—
Grant Deed
related
$1,250,000 · Wells Fargo Bank
Nov 13, 2008
—
Oregon Onions INC
—
Trustees Deed
related
—
Mar 3, 2004
—
Oregon Onions INC
—
Deed Of Trust
related
$1,457,000 · Wells Fargo Bank
Jul 11, 1997
—
Oregon Onions INC
—
Deed Of Trust
related
$1,000,000 · Western Bank
—
—
Oregon Onion INC
—
Deed Of Trust
related
$350,000 · Western Bank
—
—
Oregon Onion INC
—
Deed Of Trust
related
$650,000 · Western Bank
—
—
Oregon Onions INC
—
Deed Of Trust
related
$350,000 · Community Bank Rowan
—
—
Curry & Co INC
—
Deed Of Trust
related
$600,000 · Wells Fargo Bank
—
—
Curry & Co INC
—
Deed Of Trust
related
$4,150,000 · Bank Of The West
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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