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    Property profile & analytics

    Salem, OR 97302

    • Grocery and convenience stores
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1187445
    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

    • Grocery and convenience stores

    Property Details

    Lot size
    0.16 lot acres
    Zone code
    CR
    Property type
    Grocery and convenience stores
    APN
    083W03BA02200
    APU
    083W03BA02200

    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
    -123.045
    Latitude
    44.9109
    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
    $2,213
    $0.00
    $0.00
    $112,770
    -
    $131,810
    $17,040
    $148,850

    Comparable in this City

    • Value Estimation by Request
      3,100 SF

      3104 Turner SE Rd

      CONVENIENCE STORE • 3,100 SF
      3104 Turner SE Rd, Salem, OR 97302-1985
      View Details
    • Value Estimation by Request
      0.19 Acres

      3045 Commercial SE St

      GROCERY, SUPERMARKET • 0.19 Acres
      3045 Commercial SE St, Salem, OR 97302-4531
      View Details
    • Value Estimation by Request
      2,400 SF

      2490 Msn SE St

      CONVENIENCE STORE • 2,400 SF
      2490 Msn SE St, Salem, OR 97302-1119
      View Details
    • Value Estimation by Request
      2,680 SF

      4781 Liberty S Rd

      CONVENIENCE STORE • 2,680 SF
      4781 Liberty S Rd, Salem, OR 97302-5077
      View Details
    • Value Estimation by Request
      2,288 SF

      1695 12th SE St

      CONVENIENCE STORE • 2,288 SF
      1695 12th SE St, Salem, OR 97302-2820
      View Details
    • Value Estimation by Request
      0.19 Acres

      Salem, OR 97302

      CONVENIENCE STORE • 0.19 Acres
      Salem, OR 97302
      View Details

    Similar Nearby for Sale

    • $3,000,000
      15,000 SF

      Retail Flex Investment Opportunity

      15,000 SF retail flex space in Salem, Oregon.
      2425-2475 25Th St SE, Salem, OR 97302
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    • $925,000
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      Retail Showroom with Warehouse Space

      Single-story building featuring retail showroom and warehouse with upgrades.
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    • New
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      Salem, OR Commercial Opportunity

      Business opportunity in Salem, Oregon. No real property included.
      Commercial St, Salem, OR 97302
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    • $340,000

      Established Marijuana Retail Business

      Profitable marijuana retail business opportunity in Salem, Oregon.
      SE Commercial St, Salem, OR 97302
      View Details
    • $3,595,000
      19,095 SF

      South Salem Retail Opportunity

      High-traffic location with redevelopment potential in South Salem.
      2945 Liberty Rd S, Salem, OR 97302
      View Details
    • $550,000
      2,640 SF

      Corner Lot Investment Opportunity

      Two-parcel corner lot with a long-term tenant in place.
      1895 12Th St SE, Salem, OR 97302
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      2,150 SF

      Retail Space on Commercial Street

      Retail space available on high-traffic Commercial Street SE.
      2946 Commercial St SE, Salem, OR 97302
      View Details
    • $25 SF/Yr
      2,181 SF

      Retail Space in South Salem

      Retail spaces available in a multi-use development in South Salem.
      122 Hrubetz Rd SE, Salem, OR 97302
      View Details
    • $1.67 SF/Yr
      1,112 SF

      High-Visibility Storefront on Commercial Street

      Storefront with digital signage in a high-traffic location.
      3850 Commercial St SE, Salem, OR 97302
      View Details
    • $2 SF/Yr
      4,145 SF

      Retail Property with Drive Thru

      Retail property with drive-thru, previously used as a bank.
      798 Cunningham Ln S, Salem, OR 97302
      View Details
    • $22 SF/Yr
      2,905 SF

      Retail Space in Salem Center

      Retail space available in shopping center anchored by Starbucks.
      3165 Commercial St SE, Salem, OR 97302
      View Details
    • $1.57 SF/Yr
      1,267 SF

      Downtown Salem Retail/Office Space

      1,267 SF retail or office space in downtown Salem.
      1018 Liberty St NE, Salem, OR 97302
      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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