Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    Salem, OR 97301

    • Commercial land
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 26, 2023
    Location Intelligence
    Property ID
    US71-1470811
    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 land

    Property Details

    Lot size
    0.79 lot acres
    Zone code
    SWMU
    Property type
    Commercial land
    APN
    073W27BA01702
    APU
    073W27BA01702

    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
    -123.044
    Latitude
    44.938
    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
    $969
    $0.00
    $0.00
    $49,370
    -
    $64,530
    $0.00
    $64,530

    Comparable in this City

    • Value Estimation by Request
      0.39 Acres

      Salem, OR 97301

      VACANT COMMERCIAL LAND • 0.39 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      0.18 Acres

      Salem, OR 97301

      VACANT COMMERCIAL LAND • 0.18 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      0.10 Acres

      Salem, OR 97301

      VACANT COMMERCIAL LAND • 0.10 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      0.36 Acres

      Salem, OR 97301

      VACANT COMMERCIAL LAND • 0.36 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      1.42 Acres

      Salem, OR 97301

      VACANT COMMERCIAL LAND • 1.42 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      0.22 Acres

      Salem, OR 97301

      VACANT COMMERCIAL LAND • 0.22 Acres
      Salem, OR 97301
      View Details

    Similar Nearby for Sale

    • $11,999,000

      Prime Land Along Willamette River

      13.27 acres of pristine land near downtown Salem.
      1105 Front St NE, Salem, OR 97301
      View Details
    • $1,395,000

      Commercial Land For Sale

      Commercial land available for purchase.
      3305 Portland Rd NE, Salem, OR 97301
      View Details
    • $125,000

      Salem Investment Opportunity on Portland

      Prime .25-acre parcel in Salem's North Gateway area.
      3000 Blk Portland Rd NE, Salem, OR 97301
      View Details
    • 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
      View Details
    • $225,000

      North Gateway Zoned Land Available

      0.38 acres of IC zoned land for sale.
      3095 Portland Rd NE, Salem, OR 97301
      View Details
    • $2,700,000
      11,098 SF

      Industrial Property with Riverfront Redevelopment

      Industrial property for sale with riverfront redevelopment potential.
      110 Division St NE, Salem, OR 97301
      View Details

    Similar Nearby for Lease

    • $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
    • Contact for pricing
      1 SF

      Salem Industrial Land Opportunity

      Large industrial lot, ideal for various uses.
      1940-2045 Hyacinth St, Salem, OR 97301
      View Details
    • $9 SF/Yr
      10,454 SF

      Downtown Salem Retail Opportunity

      Eclectic mixed-use building, 30 spaces available
      155 Liberty St, Salem, OR 97301
      View Details
    • $2 SF/Yr
      36,462 SF

      Salem Industrial Warehouse

      Prime Salem warehouse, ample yard space.
      1505 Front St, Salem, OR 97301
      View Details
    • $14 SF/Yr
      13,947 SF

      Salem Office Space Available

      Riverfront Office Suites, Ample Parking
      2111 Front St, Salem, OR 97301
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Salem, OR 97301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.