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    Property profile & analytics

    Salem, OR 97301

    • Commercial real estate
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1313812
    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

    • Commercial real estate

    Property Details

    Lot size
    0.02 lot acres
    Zone code
    CR
    Property type
    Commercial real estate
    APN
    072W30CC01999
    APU
    072W30CC01999

    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
    -122.984
    Latitude
    44.9285
    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
    $117
    $0.00
    $0.00
    $4,190
    -
    $10,890
    $800
    $11,690

    Comparable in this City

    • Value Estimation by Request
      0.16 Acres

      2276 Frnt NE St

      COMMERCIAL (GENERAL) • 0.16 Acres
      2276 Frnt NE St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      0.05 Acres

      Salem, OR 97301

      COMMERCIAL (GENERAL) • 0.05 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request

      156 Frnt NE St, Unit 10

      COMMERCIAL CONDOMINUIM
      156 Frnt NE St, Salem, OR 97301-3479
      View Details
    • Value Estimation by Request
      0.32 Acres

      305 Liberty NE St

      COMMERCIAL (GENERAL) • 0.32 Acres
      305 Liberty NE St, Salem, OR 97301-3519
      View Details
    • Value Estimation by Request
      0.07 Acres

      610 Marion NE St

      COMMERCIAL (GENERAL) • 0.07 Acres
      610 Marion NE St, Salem, OR 97301-3728
      View Details
    • Value Estimation by Request
      0.19 Acres

      2999 Market NE St

      COMMERCIAL (GENERAL) • 0.19 Acres
      2999 Market NE St, Salem, OR 97301
      View Details

    Similar Nearby for Sale

    • $1,100,000

      Salem Commercial Land - High Visibility

      Prime Salem location, 36,590 sq ft commercial pad.
      1302 Lancaster Dr, Salem, OR 97301
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    • Contact for pricing
      3.00 Acres

      Salem Industrial Land Opportunity

      Prime Salem acreage, I-5 access
      1940-2045 Hyacinth St, Salem, OR 97301
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    • $5,025,000
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      Historic Salem Mixed-Use Building

      Iconic Salem building, 30,937 sq ft, prime location.
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    • $300,000
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      Salem Restaurant - Turnkey Opportunity

      Established Hibachi & Sushi Restaurant in Busy Plaza
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    • Contact for pricing

      75,461 SF Land and Building

      Land and building available for lease or sale in Salem.
      515 12Th St SE, Salem, OR 97301
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    • $275,000
      2 SF

      Residential Development Land in Salem

      2.31 AC development land for 7 residential lots.
      Kenwood Ave Northeast, Salem, OR 97301
      View Details

    Similar Nearby for Lease

    • $21 SF/Yr
      10,307 SF

      Downtown Office Space Available

      Classic office building with modern updates.
      695 Commercial St, Salem, OR 97301
      View Details
    • $15 SF/Yr
      1,602 SF

      Downtown Salem Office Suites

      Hip industrial spaces, flexible lease terms.
      249 Liberty St, Salem, OR 97301
      View Details
    • $17 SF/Yr
      7,141 SF

      Capitol Tower Office Suites in Salem, OR

      Prime Salem Office Space: 6 Suites Available
      388 State St, Salem, OR 97301
      View Details
    • $22 SF/Yr
      30,488 SF

      Salem Office Building: Prime Location

      Class A Office Space, 2,915 sq ft Available
      698 12Th St, Salem, OR 97301
      View Details
    • $13 SF/Yr
      5,000 SF

      Prime Retail Space, Fairgrounds Rd NE

      5,000 SF Standalone Retail Building
      1695 Fairgrounds Rd, Salem, OR 97301
      View Details
    • $1.50 SF/Yr
      1,147 SF

      Salem Office Space For Rent

      Office space available in a central Salem location.
      533-581 Union St 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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