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    Property profile & analytics

    Salem, OR 97302

    • Commercial real estate
    • 0.40 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US71-1408675
    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
    0.40 lot acres
    Zone code
    UT20
    Property type
    Commercial real estate
    APN
    073W31 01200
    APU
    073W3101200

    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
    -123.109
    Latitude
    44.9166
    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
    $66
    $0.00
    $0.00
    $5,040
    -
    $5,040
    $0.00
    $5,040

    Comparable in this City

    • Value Estimation by Request
      0.35 Acres

      Salem, OR 97302

      COMMERCIAL (GENERAL) • 0.35 Acres
      Salem, OR 97302
      View Details
    • Value Estimation by Request
      0.21 Acres

      Salem, OR 97302

      COMMERCIAL (GENERAL) • 0.21 Acres
      Salem, OR 97302
      View Details
    • Value Estimation by Request
      0.13 Acres

      Salem, OR 97302

      COMMERCIAL (GENERAL) • 0.13 Acres
      Salem, OR 97302
      View Details
    • Value Estimation by Request
      0.04 Acres

      3534 Liberty S Rd

      COMMERCIAL (GENERAL) • 0.04 Acres
      3534 Liberty S Rd, Salem, OR 97302-5660
      View Details
    • Value Estimation by Request
      0.19 Acres

      495 Madrona SE Ave

      COMMERCIAL (GENERAL) • 0.19 Acres
      495 Madrona SE Ave, Salem, OR 97302-4664
      View Details
    • Value Estimation by Request
      0.22 Acres

      3975 Commercial SE St

      COMMERCIAL (GENERAL) • 0.22 Acres
      3975 Commercial SE St, Salem, OR 97302-3836
      View Details

    Similar Nearby for Sale

    • $700,000

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      High-traffic corner lot, ideal for development.
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    • $3,825,000
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      Salem Industrial Development Land

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    • $2,250,000
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      Salem Executive Office Complex

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    • $2,950,000
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      South Salem Apartment Complex

      Luxury 12-unit apartment building, high ROI.
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    Similar Nearby for Lease

    • $9 SF/Yr
      84,000 SF

      22nd Street Industrial Park: Salem, OR

      Modern Industrial Space Available
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    • $13 SF/Yr
      10,018 SF

      Salem Industrial Space Available

      Versatile warehouse/flex space in Salem, OR
      1740 22Nd St, Salem, OR 97302
      View Details
    • $1.85 SF/Yr
      1,500 SF

      Professional Office Space in Salem

      South Salem office building with on-site parking and management.
      3295 Triangle Dr SE, Salem, OR 97302
      View Details
    • $2.00 SF/Yr
      10,552 SF

      South Salem Office First Floor

      First-floor office suite in South Salem with conference room.
      1781 Liberty St SE, Salem, OR 97302
      View Details
    • $1.80 SF/Yr
      2,773 SF

      Updated Creekside Office Space

      Two-story office with creek views, updated in 2019.
      4160 Commercial St SE, Salem, OR 97302
      View Details
    • Contact for pricing

      Retail Development Opportunity in Salem

      Land available for ground lease or build to suit.
      710 Winding Way SE, 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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