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    Property profile & analytics

    Salem, OR 97301

    • Bars
    • 0.38 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1148668
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Bars

    Property Details

    Lot size
    0.38 lot acres
    Zone code
    CR
    Property type
    Bars
    APN
    073W24AD03299
    APU
    073W24AD03299

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Marion
    State
    Oregon
    Longitude
    -122.991
    Latitude
    44.9485
    CBSA code
    41420
    CBSA name
    SALEM, OR METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $5,649
    $0.00
    $0.00
    $294,930
    -
    $206,130
    $88,800
    $294,930

    Comparable in this City

    • Value Estimation by Request
      10,924 SF

      515 12th SE St

      NIGHTCLUB (COCKTAIL LOUNGE) • 10,924 SF
      515 12th SE St, Salem, OR 97301-4034
      View Details
    • Value Estimation by Request
      5,618 SF

      3260 Portland NE Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 5,618 SF
      3260 Portland NE Rd, Salem, OR 97301-0814
      View Details
    • Value Estimation by Request
      4,370 SF

      1100 Broadway NE St

      NIGHTCLUB (COCKTAIL LOUNGE) • 4,370 SF
      1100 Broadway NE St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      0.35 Acres

      553 12th SE St

      NIGHTCLUB (COCKTAIL LOUNGE) • 0.35 Acres
      553 12th SE St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      6,888 SF

      3190 Portland NE Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 6,888 SF
      3190 Portland NE Rd, Salem, OR 97301-0130
      View Details
    • Value Estimation by Request
      0.07 Acres

      240 D NE St

      BAR, TAVERN • 0.07 Acres
      240 D NE St, Salem, OR 97301-1022
      View Details

    Similar Nearby for Sale

    • $1,625,000
      9,950 SF

      Downtown Salem Retail Gem

      9,950 SF Vacant Storefront, $1.625M
      187 High St, Salem, OR 97301
      View Details
    • $1,900,000
      5,880 SF

      Renovated Retail/Restaurant Investment Opportunity

      Historic 5,880 SF property, renovated in 2023, ideal for ventures.
      1230 State St, Salem, OR 97301
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    • $5,025,000
      30,937 SF

      Historic Salem Mixed-Use Building

      Iconic Salem building, 30,937 sq ft, prime location.
      190 High St, Salem, OR 97301
      View Details
    • $695,000
      1,265 SF

      Established Coffee Shop For Sale

      Profitable coffee shop with equipment and inventory in prime location.
      1760 Market St NE, Salem, OR 97301
      View Details
    • $4,575,000
      38,450 SF

      Historic Mixed-Use Building in Salem

      38,450 SF historic building with office, retail, and event spaces.
      181-195 High St NE, Salem, OR 97301
      View Details
    • $2,950,000
      39,935 SF

      Salem Shopping Center Investment Opportunity

      Mixed-use retail & warehouse, 39,935 SF
      3545-3599 Portland Rd, Salem, OR 97301
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      99,313 SF

      Salem Retail Pad Site - Huge Potential

      99,313 SF Vacant Retail Space in Salem, OR
      1010 Hawthorne Ave, Salem, OR 97301
      View Details
    • $1.25 SF/Yr
      2,077 SF

      Retail Space in Busy Center

      Retail showroom with storage in a patrolled shopping center.
      1521-1555 Hawthorne Ave NE, Salem, OR 97301
      View Details
    • $1.75 SF/Yr
      1,261 SF

      New Retail/Office Space Available

      New construction retail or office space in prime downtown location.
      454 Church St NE, Salem, OR 97301
      View Details
    • $18 SF/Yr
      4,000 SF

      Salem Retail Space: Heritage Plaza

      Prime Salem retail space, high visibility.
      1245 Columbia St, Salem, OR 97301
      View Details
    • $20 SF/Yr
      21,110 SF

      Salem Retail Center Investment Opportunity

      Upscale Salem retail spaces available now.
      480-498 Lancaster Dr, Salem, OR 97301
      View Details
    • $2,750,000
      568 SF

      Mixed-Use Property in Salem

      Versatile mixed-use property with retail, office, and warehouse space.
      3545 Portland Rd NE, Salem, OR 97301
      View Details
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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