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    Salem, MA
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    Salem, MA Land for Sale

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    Peabody, MA Beverly, MA Danvers, MA
    Salem Commercial Property with Auto Approval
    $3,495,000
    4,261 SF

    Salem Commercial Property with Auto Approval

    296 & 288 Highland Avenue, Salem, MA 01950

    Two commercial lots with redevelopment potential in high-traffic retail corridor.

    • Approved for Auto Body Use: A rare and valuable permit, ideal for various automotive businesses.
    • High‑Traffic Location: Over 35,000 vehicles pass daily, with a signalized intersection enhancing visibility and accessibility.
    • Significant Development Potential: Includes approximately 12 acres of residential land for future development.
    • Existing Automotive Facility: A 4,261 SF building with 6 service bays, 4 lifts, showroom, offices, and customer amenities.
    • Prime Retail Corridor: Located alongside major national retailers like Walmart, Target, and Home Depot.
    Updated: May 12
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    Industrial Building in Active Commercial Area
    $635,000

    Industrial Building in Active Commercial Area

    1 S Mason St, Salem, MA 1970

    One-story industrial building suitable for light industrial or maker space.

    • Located in an active redevelopment area with planned residential and commercial projects
    • Flexible zoning allows for a variety of uses by right or special permit
    • Wide‑open interior space with no columns
    • Features three drive‑in doors
    • Durable steel‑framed industrial building
    Updated: Apr 25
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    Automotive Facility with Development Potential
    $3,495,000
    5,483 SF

    Automotive Facility with Development Potential

    Auto body approved facility with redevelopment possibilities in high-traffic area.

    296 & 288 Highland Avenue, Salem, MA 1970
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    Salem Development Opportunity
    $1,395,000

    Salem Development Opportunity

    Development opportunity in Salem with multifamily concept plans.

    64 Ward St, Salem, MA 1970
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    3.3 Acre Salem Land Parcels
    Contact for pricing
    3.30 Acres

    3.3 Acre Salem Land Parcels

    3.3 acres in Salem, close to transportation and attractions.

    358 Highland Ave, Salem, MA
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    Based on your search, we've compiled 51 Potential Opportunities for your consideration. Besides 5 Active listings in Salem, MA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 41 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Coastal Development Opportunity For Sale
    $7,000,000

    Coastal Development Opportunity For Sale

    Approved for 80 market-rate units, direct coastal development opportunity.

    98 Lynnway, Lynn, MA 1902
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    Land with Development Potential
    $569,999

    Land with Development Potential

    Land with zoning for educational, religious, and daycare facilities.

    4 Wheatland St, Peabody, MA 1960
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    Permitted Multifamily Development Site
    Contact for pricing
    1.09 Acres

    Permitted Multifamily Development Site

    1.09-acre permitted multifamily development site in downtown Lynn, Massachusetts.

    55 Friend St, Lynn, MA
    View details
    Peabody Industrial Development Opportunity
    Contact for pricing
    6.70 Acres

    Peabody Industrial Development Opportunity

    6.7-acre industrial land parcel in Peabody, Massachusetts.

    60 Pulaski St, Peabody, MA
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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    68 Acres Tillable Land For Sale
    $499,000
    68.30 Acres

    68 Acres Tillable Land For Sale

    68 acres of tillable land suitable for multiple uses.

    Saint Johns, MI 48879
    View details

    Off-Market Properties in Salem, MA

    Consider similar Off-Market properties in Salem, MA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    329 Highland Ave
    VACANT COMMERCIAL LAND
    Lot: 2.43 Acres
    Estimated value
    $1,050,000

    329 Highland Ave, Salem, MA 01970-1738

    View details
    67 Derby St
    INDUSTRIAL - VACANT LAND
    Lot: 42.30 Acres
    Estimated value
    $30,000,000

    67 Derby St, Salem, MA 01970-5614

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    9 Franklin St
    VACANT COMMERCIAL LAND
    Lot: 0.84 Acres
    Estimated value
    $1,590,000

    9 Franklin St, Salem, MA 01970-2503

    View details
    342 Highland Ave
    VACANT COMMERCIAL LAND
    Lot: 0.93 Acres
    Estimated value
    $850,000

    342 Highland Ave, Salem, MA 01970-1743

    View details
    5 Florence St
    VACANT COMMERCIAL LAND
    Lot: 0.13 Acres
    Value Estimation by Request

    5 Florence St, Salem, MA 01970-4813

    View details
    373rd Highland Ave
    VACANT COMMERCIAL LAND
    Lot: 0.80 Acres
    Estimated value
    $3,160,000

    373rd Highland Ave, Salem, MA 01970-7001

    View details
    25 Colonial Rd
    INDUSTRIAL - VACANT LAND
    Lot: 4.56 Acres
    Estimated value
    $53,700,000

    25 Colonial Rd, Salem, MA 01970-2906

    View details
    38 Commercial St
    INDUSTRIAL - VACANT LAND
    Lot: 0.83 Acres
    Estimated value
    $3,900,000

    38 Commercial St, Salem, MA 01970-3917

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    101 Jackson St
    VACANT COMMERCIAL LAND
    Lot: 0.38 Acres
    Value Estimation by Request

    101 Jackson St, Salem, MA 01970-3000

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    Robinson Rd
    INDUSTRIAL - VACANT LAND
    Lot: 0.60 Acres
    Value Estimation by Request

    Robinson Rd, Salem, MA 01970

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    1 Swampscott Rd
    VACANT COMMERCIAL LAND
    Lot: 0.26 Acres
    Value Estimation by Request

    1 Swampscott Rd, Salem, MA 01970-1727

    View details
    34 Commercial St
    INDUSTRIAL - VACANT LAND
    Lot: 0.66 Acres
    Value Estimation by Request

    34 Commercial St, Salem, MA 01970-3917

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    7 Greenledge St
    INDUSTRIAL - VACANT LAND
    Lot: 0.19 Acres
    Value Estimation by Request

    7 Greenledge St, Salem, MA 01970-1827

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    10 Cedar Rd
    VACANT COMMERCIAL LAND
    Lot: 0.22 Acres
    Value Estimation by Request

    10 Cedar Rd, Salem, MA 01970-1714

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    6 Technology Way
    INDUSTRIAL - VACANT LAND
    Lot: 12.34 Acres
    Value Estimation by Request

    6 Technology Way, Salem, MA 01970-7002

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    23 Congress St
    VACANT COMMERCIAL LAND
    3,830 SF Lot: 0.43 Acres
    Estimated value
    $695,000

    23 Congress St, Salem, MA 01970-5125

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    465 Highland Ave
    VACANT COMMERCIAL LAND
    Lot: 0.23 Acres
    Value Estimation by Request

    465 Highland Ave, Salem, MA 01970-1741

    View details
    44 Boston St
    INDUSTRIAL - VACANT LAND
    Lot: 5.14 Acres
    Value Estimation by Request

    44 Boston St, Salem, MA 01970-2147

    View details
    149 Swampscott Rd
    INDUSTRIAL - VACANT LAND
    Lot: 3.76 Acres
    Value Estimation by Request

    149 Swampscott Rd, Salem, MA 01970-1794

    View details

    Salem, MA Land Investment Opportunities Market Analysis

    Explore 46 land for sale in Salem, MA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 4,261 square feet of properties for sale, with an estimated market value of $3,495,000.

    Sale prices for lots in Salem, MA start at $3,495,000, averaging $3,495,000, and reaching up to $3,495,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial land 5
    Waterfront Land 1
    Residential land & home lots 1

    Demographics Overview

    Population 44K
    Population Growth (5Y) +2.2%
    Median Household Income $85,189
    College Educated 35.2%

    High-Yield Neighborhoods for Investment

    Identify Salem submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    01970 $1M

    Taxes & Financing

    Tax Rate (average for all types) 2.11%
    Property Tax per SF $33.59 per sq ft
    Tax Rate vs County Average 0.41 pp above county avg
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Salem, MA

    • 01970
    • 01950

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