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    2 Northwestern Dr Salem, NH 03079

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    For Sale
    $3,500,000

    Industrial building featuring highway access, municipal utilities, and flexible spaces.

    Lot size:
    2.06 Acres

    Property Features for 2 Northwestern Dr

    General Information

    Lot size
    2.06 Acres

    Source: Goodnow R.E Svcs Agent Christopher B Goodnow

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Building with Highway Access

    This industrial building offers excellent highway access and is equipped with municipal sewer and water services. Constructed with masonry and a steel frame, the building features an 18-foot clear height and a ballasted membrane roof. The property is divided into three separately metered spaces, each with a dock and a drive-in door. The front two spaces are fully air-conditioned. The seller previously owned a business that occupied the front two spaces and subsequently leased the space to the current tenant at below-market rents. The current tenant has a Right of First Refusal (RoFR) on the building but has not yet expressed interest in purchasing the asset. The rear 8,000 square foot warehouse space is available for a tenant or an owner/user as of November 25th.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ken-Mar Inc Sheet Metal Contractor Our Shared Warehouse Warehouse

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.2595294
    Latitude
    42.7752866

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    FAQs

    What type of property is this?
    Warehouse - Industrial building featuring highway access, municipal utilities, and flexible spaces.
    Where is this warehouse located?
    The property is located at 2 Northwestern Dr Salem, NH.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: - Excellent highway access for easy transport.; - Three separately metered spaces, each featuring a dock and a drive-in.; - Masonry construction, steel frame, 18’ clear height, ballasted membrane roof.
    (603) 490-4366
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    2 Northwestern Dr Salem, NH 03079
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    Salem, NH 03079
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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
    2 Northwestern Dr Salem, NH 03079
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