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Property profile & analytics
OFF-MARKET
Specialty properties
Salem, OR 97302
Individually Owned
43-yr Hold
Absentee Owner
Free & Clear
Property ID
US71-1442176
Property profile
Verified
Property type
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Lot
2.19 ac (95,396 SF)
Zoning code
EFU
APN
084W01 00200
UPID
US71-1442176
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Walter D Miller · 43 yrs held
Walter D Miller
since 1983
1 recorded transaction
Zoning & alternative use
EFU · Salem, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ck (Table 525-5) Vehicle Use Areas All uses Zone-to-zone setback (Table 525-5) TABLE 525-5 ZONE-TO-ZONE SETBACKS Table 525-5: Zone-to-Zone Setbacks Abutting Zone Type of Improvement Setback (1) Landscaping and Screening EFU Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Residential Zone Buildings and accessory structures Min. 10 ft. T…
Zone name
Exclusive Farm Use
General category
AGRICULTURAL
Zone area
155.79 ac
Source
code of ordinances
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6
Tax year 2023
Assessed value
$453
Assessed 2023
Previous assessed
$482
-6.0% YoY
Effective rate
1.32%
On assessed value
Land market value
$1,400
Total market value
$1,400
Applied tax rate
92,430.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
SBE - SPECIAL ASSESSMENTS
Status
Off-Market
Heating
NONE
Lot
2.19 ac (95,396 SF)
Zoning code
EFU
APN
084W01 00200
UPID
US71-1442176
Jurisdiction
MARION
Zoning & alternative use
EFU · Salem, ORZoning EFU · permitted uses
EFU · Salem, OR
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ck (Table 525-5) Vehicle Use Areas All uses Zone-to-zone setback (Table 525-5) TABLE 525-5 ZONE-TO-ZONE SETBACKS Table 525-5: Zone-to-Zone Setbacks Abutting Zone Type of Improvement Setback (1) Landscaping and Screening EFU Buildings and accessory structures Min. 5 ft. Type A Vehicle use areas Residential Zone Buildings and accessory structures Min. 10 ft. Type B Vehicle use areas Mixed-Use Zone Buildings and accessory structures None NA V
Zone name
Exclusive Farm Use
General category
AGRICULTURAL
Zone area
155.79 ac
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Lot
2.19 ac
Current owner
From public records · entity-resolved
Walter D Miller
Individual
Free & Clear · 43 yrs held
Mailing address
3095 CRESTVIEW DR S, SALEM, OR 97302-5902
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1983
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 1983
—
Walter D Miller
Unknown
Grant Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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