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    Property profile & analytics

    Salem, OR 97317

    • Commercial land
    • 1.54 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jul 26, 2024
    Location Intelligence
    Property ID
    US71-1288978
    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 land

    Property Details

    Lot size
    1.54 lot acres
    Zone code
    IC
    Property type
    Commercial land
    APN
    072W32D 02400
    APU
    072W32D02400

    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
    -122.955
    Latitude
    44.9133
    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
    $750
    $0.00
    $0.00
    $38,200
    -
    $200,870
    $0.00
    $200,870

    Comparable in this City

    • Value Estimation by Request
      0.35 Acres

      Salem, OR 97317

      VACANT COMMERCIAL LAND • 0.35 Acres
      Salem, OR 97317
      View Details
    • Value Estimation by Request
      0.44 Acres

      Salem, OR 97317

      VACANT COMMERCIAL LAND • 0.44 Acres
      Salem, OR 97317
      View Details
    • Value Estimation by Request
      0.67 Acres

      3991 Carson SE Dr

      VACANT COMMERCIAL LAND • 0.67 Acres
      3991 Carson SE Dr, Salem, OR 97317-6187
      View Details
    • Value Estimation by Request
      42.24 Acres

      3290 Boone SE Rd

      VACANT COMMERCIAL LAND • 42.24 Acres
      3290 Boone SE Rd, Salem, OR 97317-9336
      View Details
    • Value Estimation by Request
      10.12 Acres

      4405 Turner SE Rd

      VACANT COMMERCIAL LAND • 10.12 Acres
      4405 Turner SE Rd, Salem, OR 97317-9700
      View Details
    • Value Estimation by Request
      6.74 Acres

      4668 Truax Dr Se Ste, Unit 100

      VACANT COMMERCIAL LAND • 6.74 Acres
      4668 Truax Dr Se Ste, Salem, OR 97317-9641
      View Details

    Similar Nearby for Sale

    • $1,635,000

      5.37 Acres Vacant Land Available

      5.37 acres of vacant land zoned IG; UT-10.
      3780 Boone Rd SE, Salem, OR 97317
      View Details
    • $895,000

      Lancaster Drive Land For Sale

      Land for sale near Olive Garden and Willamette Town Center.
      1302 Lancaster Dr NE, Salem, OR 97317
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    • $1,900,000
      5.00 Acres

      Salem Industrial Redevelopment Opportunity

      5-Acre Commercial Land, High-Traffic Location
      5695 Gaffin Rd, Salem, OR 97317
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    • $609,995

      Residential Land Development Opportunity

      Two lots totaling 1.93 AC, zoned Multi-Family Residential.
      4850 Macleay Rd SE, Salem, OR 97317
      View Details
    • Contact for pricing

      Large Industrial Land For Sale

      Large industrial land site with I-5 proximity in Salem, Oregon.
      3741 Langley St SE, Salem, OR 97317
      View Details
    • $6,766,985
      32.23 Acres

      Salem Industrial Land - 32 Acres

      Prime Salem location, 32 acres, diverse zoning.
      0 & Deer Park Cutoff Rd, Salem, OR 97317
      View Details

    Similar Nearby for Lease

    • $0.10 SF/Yr

      9.2 Acres Near Mill Creek

      9.2 acres of IG zoned land near Mill Creek.
      5465 Turner Rd SE, Salem, OR 97317
      View Details
    • Contact for pricing
      2,000,275 SF

      Salem Logistics Center: Build-to-Suit

      75 Acres, Multiple Lots, Industrial Land
      0 Salem Or, Salem, OR 97317
      View Details
    • Contact for pricing
      1,064,000 SF

      Industrial Land Ready For Development

      55.64 acres of industrial land available for lease or sale.
      4782 Deer Park Dr Southeast, Salem, OR 97317
      View Details
    • Contact for pricing
      116,973 SF

      Retail Anchor Opportunity Near I-5

      Anchor retail space available near major retailers and I-5.
      1230 Lancaster Dr SE, Salem, OR 97317
      View Details
    • $24 SF/Yr
      2,933 SF

      Lancaster Drive Retail Spaces Available

      Retail spaces available in busy Lancaster Drive retail center.
      980-1126 Lancaster Dr NE, Salem, OR 97317
      View Details
    • $10 SF/Yr
      193,758 SF

      Modern Marion County Industrial Facility

      New 193,758 SF Manufacturing/Warehouse
      4405 Turner Rd, Salem, OR 97317
      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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