Property profile

934 Salem Pkwy Salem, OH 44460

OFF-MARKET
Manufacturing properties
Property ID
US66-1323365
12,060 SF 2.49 ac lot Built 1987
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1987
Total area 12,060 SF
Lot 2.49 ac (108,464 SF)
APN 51-07893-000
UPID US66-1323365

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
  • Home Appliance Store Hardware & Home Improvement

Location

934 Salem Pkwy Salem, OH 44460-1059
Salem metro Census 950700 SALEM, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$530k
CAP Approach CAP
by Request
Comparable Approach Comparable
$394k
Blend (final) Blend
$500k

Owner & transaction history

since 2020
Last sale
$620,000
2 recorded transactions
2020
$620,000
2012
$415,000

Zoning & alternative use

Top alternative use upside
Medical building $860,000 +145.2%
Office building $840,000 +140.1%
Commercial (general) $690,000 +97.1%

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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