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    Salem, MA
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    Salem, MA Land for Sale

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    Commercial Sale, Salem, MA
    Updated: May 12
    Commercial Sale, Salem, MA

    296 & 288 Highland Avenue, Salem, MA 01950

    $2,795,000
    12.25 AC lot
    View details
    Automotive Facility with Service Bays
    Updated: Jul 5
    Automotive Facility with Service Bays

    296 & 288 Highland Ave, Salem, MA 01970

    $2,795,000
    5,483 sqft
    Approved for auto body use on a high‑traffic retail corridor along Highland Ave
    Automotive facility on the primary retail parcel: 4,488 SF with 6 service bays, 4 lifts, and showroom space
    Includes manager’s office, parts & stock rooms, customer waiting area, and a security system
    Two commercial lots with over 200 ft of frontage on Highland Ave
    Second parcel includes a small residential structure on commercially zoned land, offering redevelopment possibilities
    View details
    Commercial
    Commercial

    296 & 288 Highland Avenue, Salem, MA 01950

    $2,795,000
    4,488 sqft

    Auto shops · 4,488 SF

    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Mixed-Use Development Land Parcels
    Mixed-Use Development Land Parcels

    266 Canal St, Salem, MA 01970

    Contact for pricing
    1,250 sqft 3.60 AC lot

    Two parcels totaling 3.6 acres at Canal Street offer development potential for retail, apartments, and office use.

    View details
    Redevelopment Opportunity: Four Lots
    Redevelopment Opportunity: Four Lots

    483-485 Highland Avenue, Salem, MA 01970

    $2,900,000

    Four lots available for redevelopment, commercial and residential.

    View details
    Salem Development Opportunity
    Salem Development Opportunity

    64 Ward St, Salem, MA 01970

    $1,395,000

    Development opportunity in Salem with multifamily concept plans.

    View details
    BPD Commercial Land
    BPD Commercial Land

    3 S Mason St, Salem, MA 01970

    $1,250,000

    BPD-zoned parcel near commuter rail and major routes.

    View details
    Based on your search, we've compiled 52 Potential Opportunities for your consideration. Besides 7 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

    Opportunities in Nearby Cities

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

    Development Opportunity Near Downtown Lynn
    Development Opportunity Near Downtown Lynn

    0 High St, Lynn, MA 01902

    $349,000
    0.11 AC lot

    Development opportunity near downtown, shops, restaurants, and commuter rail.

    View details
    Industrial Land Development Site
    Industrial Land Development Site

    60 Pulaski St, Peabody, MA 01960

    Contact for pricing
    6.70 AC lot

    Industrial land with MOD and IL zoning, available as one parcel or in subdivided portions.

    View details
    Land with Development Potential
    Land with Development Potential

    4 Wheatland St, Peabody, MA 01960

    $569,999

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

    View details
    Buildable Lot in Ward 1
    Buildable Lot in Ward 1

    40 Anchor Rd Lot 2, Lynn, MA 01904

    $149,999
    0.24 AC lot

    Residential land for sale in Lynn, Massachusetts.

    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

    329 Highland Ave, Salem, MA 01970-1738

    Estimated value:
    $1,050,000
    2.43 AC lot
    View details
    67 Derby St
    INDUSTRIAL - VACANT LAND

    67 Derby St, Salem, MA 01970-5614

    Estimated value:
    $30,000,000
    42.30 AC lot
    View details
    9 Franklin St
    VACANT COMMERCIAL LAND

    9 Franklin St, Salem, MA 01970-2503

    Estimated value:
    $1,590,000
    0.84 AC lot
    View details
    342 Highland Ave
    VACANT COMMERCIAL LAND

    342 Highland Ave, Salem, MA 01970-1743

    Estimated value:
    $850,000
    0.93 AC lot
    View details
    5 Florence St
    VACANT COMMERCIAL LAND

    5 Florence St, Salem, MA 01970-4813

    Estimated value:
    $215,000
    0.13 AC lot
    View details
    373rd Highland Ave
    VACANT COMMERCIAL LAND

    373rd Highland Ave, Salem, MA 01970-7001

    Estimated value:
    $3,160,000
    0.80 AC lot
    View details
    25 Colonial Rd
    INDUSTRIAL - VACANT LAND

    25 Colonial Rd, Salem, MA 01970-2906

    Estimated value:
    $53,700,000
    4.56 AC lot
    View details
    38 Commercial St
    INDUSTRIAL - VACANT LAND

    38 Commercial St, Salem, MA 01970-3917

    Estimated value:
    $3,900,000
    0.83 AC lot
    View details
    101 Jackson St
    VACANT COMMERCIAL LAND

    101 Jackson St, Salem, MA 01970-3000

    Estimated value:
    $320,000
    0.38 AC lot
    View details
    Robinson Rd
    INDUSTRIAL - VACANT LAND

    Robinson Rd, Salem, MA 01970

    Estimated value:
    $320,000
    0.60 AC lot
    View details
    1 Swampscott Rd
    VACANT COMMERCIAL LAND

    1 Swampscott Rd, Salem, MA 01970-1727

    Estimated value:
    $320,000
    0.26 AC lot
    View details
    34 Commercial St
    INDUSTRIAL - VACANT LAND

    34 Commercial St, Salem, MA 01970-3917

    Estimated value:
    $345,000
    0.66 AC lot
    View details
    7 Greenledge St
    INDUSTRIAL - VACANT LAND

    7 Greenledge St, Salem, MA 01970-1827

    Estimated value:
    $330,000
    0.19 AC lot
    View details
    10 Cedar Rd
    VACANT COMMERCIAL LAND

    10 Cedar Rd, Salem, MA 01970-1714

    Estimated value:
    $300,000
    0.22 AC lot
    View details
    6 Technology Way
    INDUSTRIAL - VACANT LAND

    6 Technology Way, Salem, MA 01970-7002

    Estimated value:
    $430,000
    12.34 AC lot
    View details
    23 Congress St
    VACANT COMMERCIAL LAND

    23 Congress St, Salem, MA 01970-5125

    Estimated value:
    $695,000
    3,830 sqft 0.43 AC lot
    View details
    465 Highland Ave
    VACANT COMMERCIAL LAND

    465 Highland Ave, Salem, MA 01970-1741

    Estimated value:
    $305,000
    0.23 AC lot
    View details

    Salem, MA Land Market Trends and Statistics

    Explore 48 land for sale in Salem, MA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 700,397 square feet of properties for sale, with an estimated market value of $13,930,000.

    Sale prices for lots in Salem, MA start at $1,250,000, averaging $2,321,666, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Residential land & home lots 6
    Commercial land 5
    Industrial land 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 average listing prices of real estate assets

    Neighborhood Average Price
    Salem - 01970 $1.7M
    Newburyport - 01950 $2.8M

    Taxes & Financing

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

    Listings Trend

    New vs delisted commercial listings in Essex County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Salem, MA

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    • 01950
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