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Property profile & analytics
OFF-MARKET Estimated value $19,220,000
Showrooms

Salem, OR 97302

54,525 SF 3.98 ac lot Built 2021
Entity Owned 7-yr Hold Free & Clear
Property ID
US71-1176766
Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2021
Total area 54,525 SF
Lot 3.98 ac (173,369 SF)
Zoning code IC
APN 083W02 01801
UPID US71-1176766
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$19.22M
Blend (final) Blend
$19.22M
Owner & transaction history
Ccr Salem LLC · 7 yrs held
Ccr Salem LLC
since 2019
4 recorded transactions
2019
$1.1M
2012
Price N/A
2010
Price N/A
2003
$97,000
Zoning & alternative use
IC · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial and Employment Zone: EC, IC, IBC, and IP Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Industrial and Employment Zone: IG Buildings and accessory structures Min 10 ft. Type C Vehicle use areas Limitations and Qualifications (1) Zone-to-zone setbacks are not required abutting an alley. (2) Notwithstanding qualification (1)…

Zone name Industrial Commercial
General category INDUSTRIAL
Zone area 1,285.18 ac
Source code of ordinances
Top alternative use upside
Restaurant $24.0M +83.3%
Auto repair, garage $19.5M +48.4%
Medical building $18.4M +40.5%
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