Property profile

9250 Charity NE Ave Salem, OR 97305

OFF-MARKET
Office buildings
Property ID
US71-1858135
9,710 SF 1.05 ac lot
Entity Owned ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 9,710-square-foot property, situated on a 1.05-acre lot in Brooks, Oregon (97305), presents a unique investment or owner-user opportunity. Built in 1997 and renovated in 2022, this single-story building boasts ample space, including a spacious lobby, multiple private offices, storage, a kitchen/breakroom, and a large multi-use reception or media room. The adaptable layout allows for various configurations to suit diverse needs. An addition was completed in 2020 to the north end of the building. Previously used and registered as a religious organization with Marion County, the property benefits from a tax exemption extending through July 2024. Conveniently located just off Highway 99E, this property offers private parking and room for expansion. The property is zoned RM and features APN R332641. The asking price is $1,699,000, translating to $174.97 per square foot. Contact the listing agent for further details and showing instructions. Information regarding tax exemptions should be verified with the Marion County Tax Assessor's Office.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Total area 9,710 SF
Lot 1.05 ac (45,738 SF)
Zoning code RM
APN 062W17AA09800
UPID US71-1858135

Cap rate & NOI

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

Location

9250 Charity NE Ave Salem, OR 97305-9698
Salem metro Census 2502 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
$2.70M
Blend (final) Blend
$480k

Owner & transaction history

since 2025
5 recorded transactions
2025
Price N/A
2025
Price N/A
2023
Price N/A
2022
Price N/A
2021
Price N/A

Zoning & alternative use

RM · Salem, OR
Top alternative use upside
Restaurant $4.3M +58.8%
Auto repair, garage $3.5M +28.6%
Medical building $3.3M +21.8%

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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