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Property profile & analytics

45 Stiles Rd, Unit 401 Salem, NH 03079-4808

  • Office Properties & Spaces
  • 2,192 SF
  • 0.35 lot acres
OFF-MARKET
Value Estimation
$265,000
Location Intelligence
Property ID
US58-0161394
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

  • Suboxone NH Doctors / Addiction Treatment Center
  • Comolli & Co / Accountant / Bookkeeping Service
  • Shaffer Chiropractic Center / Chiropractor
  • Middlesex Recovery Salem / Medical Clinic / Alcoholism Treatment Program
  • Kenneth M. Gabriel, DC Gabriel Chiropractic Office / Chiropractor

Property Details for 45 Stiles Rd

Year built
1982
Construction
FRAME
Lot size
0.35 lot acres
Property size
2,192 SF
Zone code
CIB
Property type
Office Properties & Spaces
APN
SLEM M:105 B:7801 L:401
APU
SLEMM105B7801L401

Description

This well-maintained 1,900 square foot office condominium is ideally situated on the second floor and offers a highly functional layout. The space includes several private offices, perfect for individual work or team collaboration, a welcoming reception area for clients and visitors, and two dedicated conference rooms for meetings and presentations. A convenient utility room, kitchenette, and ample filing area provide essential support functions. The unit underwent a complete remodel in 2018, ensuring modern aesthetics and efficient functionality. The building itself received exterior enhancements in 2024, including repainting and new siding, reflecting a commitment to ongoing maintenance and a professional image. Ample on-site parking is available for staff and clients, adding to the convenience of this location. The property is zoned Commercial/Industrial and is part of a one-story, two-building complex constructed in 1986. Its strategic location off Exit 2 of I-93, at the well-lit intersection of Stiles and Pelham Roads, places it within the thriving Salem professional office and medical hub, ensuring high visibility and easy accessibility for both employees and clients. This single-tenancy office space presents a fantastic opportunity for businesses seeking a modern, well-equipped, and conveniently located office environment.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $285,000
  • CAP approach

    CAP return
    Estimation
    6%
    $245,000
    6.5%
    $260,000
    7%
    $265,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $230,000
    Geo Method
    $210,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $245,000
    Retail
    $240,000
    Mixed-Use
    $245,000
    Hospitality
    $265,000
    Educational
    $240,000
    Residential Income
    $200,000
    Energy
    $205,000
    Income-Based Land
    $230,000
    Food Service
    $235,000

Location Insight

  • Map
  • Local Demand
City
Salem
County
Rockingham
State
New Hampshire
Longitude
-71.2493
Latitude
42.7723
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH 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
$3,590
$0.00
$211,700
$211,700
-
$0.00
$0.00
$0.00
More about this property
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