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

    • Office buildings
    • 2.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1541602
    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

    • Office buildings

    Property Details

    Year built
    2022
    Lot size
    2.11 lot acres
    Property type
    Office buildings
    APN
    073W36A 01101
    APU
    073W36A01101

    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
    -122.997
    Latitude
    44.9211
    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
    $0.00
    $0.00
    $0.00
    $676,720
    -
    $523,720
    $153,000
    $676,720

    Comparable in this City

    • Value Estimation by Request
      0.17 Acres

      Salem, OR 97301

      OFFICE BUILDING • 0.17 Acres
      Salem, OR 97301
      View Details
    • Value Estimation by Request
      31,398 SF

      1241 State St

      OFFICE BUILDING (MULTI-STORY) • 31,398 SF
      1241 State St, Salem, OR 97301-4156
      View Details
    • Value Estimation by Request
      216 SF

      386 State St

      OFFICE BUILDING (MULTI-STORY) • 216 SF
      386 State St, Salem, OR 97301
      View Details
    • Value Estimation by Request
      8,000 SF

      1331 Tandem Ave Nec

      OFFICE BUILDING • 8,000 SF
      1331 Tandem Ave Nec, Salem, OR 97301-0379
      View Details
    • Value Estimation by Request
      3,029 SF

      1235 Woodrow NE St

      OFFICE BUILDING • 3,029 SF
      1235 Woodrow NE St, Salem, OR 97301-0614
      View Details
    • Value Estimation by Request
      29,264 SF

      528 Cottage NE St

      OFFICE BUILDING • 29,264 SF
      528 Cottage NE St, Salem, OR 97301-3811
      View Details

    Similar Nearby for Sale

    • $2,750,000
      21,704 SF

      Salem Office Building For Sale

      Office building with I-5 access and ample parking.
      3850 Portland Rd NE, Salem, OR 97301
      View Details
    • $790,000
      3,281 SF

      Charming 1928 Office/Medical Building

      Office/medical building near Willamette University and Oregon State Capitol.
      1320 Chemeketa St NE, Salem, OR 97301
      View Details
    • $4,700,000
      20,082 SF

      Class A Office Building

      Class A office building in a corporate campus setting.
      680 Hawthorne Ave SE, Salem, OR 97301
      View Details
    • $599,000
      7,362 SF

      Salem Office Building For Sale

      7,362 SF office building in Salem, Oregon.
      945 Columbia St NE, Salem, OR 97301
      View Details
    • $4,530,000
      20,359 SF

      Salem Office Building Investment

      Fully leased office building in Salem, Oregon, with prime location.
      3220 State St, Salem, OR 97301
      View Details
    • $5,950,000
      61,521 SF

      Downtown Salem Investment Opportunity

      Fully occupied commercial property in Salem's Central Business District.
      300-390 High St SE, Salem, OR 97301
      View Details

    Similar Nearby for Lease

    • $3,850,000
      1,868 SF

      Historic Oregon Building Office Space

      Renovated historic office building in Salem, Oregon available for lease.
      494 State St, Salem, OR 97301
      View Details
    • $1.20 SF/Yr
      2,291 SF

      Free Standing Office Building

      Charming office building suitable for various uses, north of downtown.
      1675 Winter St NE, Salem, OR 97301
      View Details
    • $24 SF/Yr
      40,436 SF

      Salem Executive Office Space

      Prestigious Capitol Mall Office Suite - 4,675 SF Available
      1201 Court St, Salem, OR 97301
      View Details
    • $25 SF/Yr
      52,000 SF

      Class A Office Space Available

      Prime 3,016 SF suite in Salem's prestigious Meridian building.
      777 Commercial St SE, Salem, OR 97301
      View Details
    • $2 SF/Yr
      28,362 SF

      Premier Office Campus in Salem

      High-quality office space with amenities and convenient location.
      650-680 Hawthorne Ave SE, Salem, OR 97301
      View Details
    • $24 SF/Yr
      6,118 SF

      Sophisticated Office Space in Salem

      Premier office space in Salem's business and government hub.
      1241 State 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.