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Property profile & analytics
OFF-MARKET
Estimated value
$2,600,000
Office buildings
9250 Charity NE Ave, Salem, OR 97305-9698
Entity Owned
~
Est. High Equity
Property ID
US71-1858135
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
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
by Request
Comparable Approach
Comparable
$2.70M
Blend (final)
Blend
$2.60M
Owner & transaction history
West Coast Home Solutions LLC
West Coast Home Solutions LLC
since 2025
5 recorded transactions
Zoning & alternative use
RM · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.3M
+58.8%
Auto repair, garage
$3.5M
+28.6%
Medical building
$3.3M
+21.8%
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
OFFICE BUILDING
$2,695,000
Current use
RESTAURANT
$4,280,000
Change: +59% · Conversion: Moderate
AUTO REPAIR, GARAGE
$3,465,000
Change: +29% · Conversion: Difficult
MEDICAL BUILDING
$3,280,000
Change: +22% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,545,000
Change: -6% · Conversion: Easy
RETAIL STORES
$2,390,000
Change: -11% · Conversion: Moderate
Blend value · Realmo final
$2.60M
Range $2.34M – $2.86M · ±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
$268 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$9,806
Tax year 2021
Previous assessed
$852,070
Land market value
$205,130
Improvement market value
$1,074,910
Total market value
$1,280,040
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Total area
9,710 SF
Lot
1.05 ac (45,738 SF)
Zoning code
RM
APN
062W17AA09800
UPID
US71-1858135
Jurisdiction
MARION
Zoning & alternative use
RM · Salem, OR
Zoning RM · permitted uses
RM · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$2.7M
RESTAURANT
Est. value
$4.3M
AUTO REPAIR, GARAGE
Est. value
$3.5M
MEDICAL BUILDING
Est. value
$3.3M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
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
Lot
1.05 ac
Current owner
From public records · entity-resolved
West Coast Home Solutions LLC
Entity
Mailing address
25030 SW PKWY AVE STE #110, WILSONVILLE, OR 97070-9816
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
West Coast Home Solutions LLC
Charity Ave Office Holdings LLC
Bargain & Sale Deed
$2,500,000 · West Coast Commercial Capital LLC
May 13, 2025
—
Charity Ave Office Holdings LLC
—
Deed
related
$950,000 · Dane Baumann
Feb 22, 2023
—
Charity Ave Office Holdings LLC
—
Deed
related
$2,000,000 · Brmk Lending LLC
Jul 26, 2022
—
Charity Ave Office Holdings LLC
West Coast Home Solutions LLC
Bargain And Sale Deed
$1,330,000 · Northwest Community Cu
Sep 30, 2021
—
West Coast Home Solutions LLC
—
Deed
related
$1,600,000 · Alera Management Group LLC
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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