Taxes
- Assessed Value: $8,466,890
- Assessed Year: 2025
- Assessed County: Marion
- APN: 580553
- Assessed Land Value: 3907010
- Market Land Value: 3907010
- Tax Amount: 162015.63
- Tax Year: 2024
- Market Value: 8466890
- Market Year: 2025
1240 Lancaster Dr; Salem, OR Property Details
Off market
1240 Lancaster Dr SE Salem, OR 97317
$8,466,890 Estimated Value
78,180 SqFt
Property Type
Commercial OfficeProperty Details
Summary
- Owners / Type: 1 / Corporate
- Owner Status: Corporate
- Year Built: 1992
- APN: 580553
- Situs County: Marion
Structure
- Stories: 1
Measurements
- Total: 78,180/SqFt
- Lot: 348,916/SqFt
- Gross: 78,180/SqFt
- Living: 78,180/SqFt
- Building: 78,180/SqFt
- Ground: 78,180/SqFt
Legal Description
- Description: LANCASTER MARKETPLACE IN SALEM LOT 5 ACRES 8.01
Building Insights
Land Information
- Property Type: Commercial Office
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Salem-Keizer School District 24J
- Lat / Lon: 44.913685 / -122.9767
- Subdivision: Lancaster Marketplace In Salem
- Property Class: Office
- Zoning: CR
- County Use Code: 201
Amenities
- Plus Four: 5800
Ownership Info
1240 Lancaster Dr SE has no associated ownership info
1240 Lancaster Dr SE has no associated ownership info.
Taxes
1240 Lancaster Dr SE has 10 associated Taxes items
1240 Lancaster Dr, Salem, OR pays taxes in Marion County, OR. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $8,466,890. The APN we've located for 1240 Lancaster Dr is 580553.
Unlock the full reportTax History
1240 Lancaster Dr SE has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $8,466,890 | Land Value $3,907,010 | Improvement Value $4,559,880 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value | Land Value | Improvement Value | Tax Amount $162,015.62 | Change Rate -0.000966% | Assessed CR | Tax Rate |
| Year 2023 | Assessed Value $8,466,890 | Land Value $3,907,010 | Improvement Value $4,559,880 | Tax Amount $162,172.27 | Change Rate +0.000559% | Assessed CR | Tax Rate +0.019154% |
| Year 2022 | Assessed Value $8,466,890 | Land Value | Improvement Value | Tax Amount $162,081.67 | Change Rate -0.000512% | Assessed CR | Tax Rate +0.019143% |
| Year 2021 | Assessed Value $8,466,890 | Land Value | Improvement Value | Tax Amount $162,164.66 | Change Rate +0.000413% | Assessed CR | Tax Rate +0.019153% |
| Year 2020 | Assessed Value $8,466,890 | Land Value | Improvement Value | Tax Amount $162,097.77 | Change Rate +0.006376% | Assessed CR | Tax Rate +0.019145% |
| Year 2019 | Assessed Value $8,466,890 | Land Value | Improvement Value | Tax Amount $161,070.73 | Change Rate -0.037312% | Assessed CR | Tax Rate +0.019024% |
| Year 2018 | Assessed Value | Land Value | Improvement Value | Tax Amount $167,313.47 | Change Rate +2.280256% | Assessed CR | Tax Rate |
| Year 2017 | Assessed Value | Land Value | Improvement Value | Tax Amount $51,006.23 | Change Rate -0.645376% | Assessed CR | Tax Rate |
| Year 2016 | Assessed Value | Land Value | Improvement Value | Tax Amount $143,831.91 | Change Rate -0.007462% | Assessed CR | Tax Rate |
| Year 2015 | Assessed Value | Land Value | Improvement Value | Tax Amount $144,913.22 | Change Rate +0.03333% | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value | Land Value | Improvement Value | Tax Amount $140,239.09 | Change Rate | Assessed CR | Tax Rate |