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Property profile & analytics

90 Lafayette Rd Salisbury, MA 01952

  • Industrial properties
  • 7,396 SF
  • 0.68 lot acres
Value Estimation
Last Sale
Sep 10, 2021
$500,000
Location Intelligence
Property ID
US38-1726786
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

  • Industrial properties

Property Details for 90 Lafayette Rd

Year built
1950
Construction
CONCRETE
Lot size
0.68 lot acres
Property size
7,396 SF
Zone code
LM
Property type
Industrial properties
Property subtype
Industrial live-work properties
APN
SALI M:22 P: 123
APU
SALIM22P123

Description

This exceptional Salisbury, MA commercial property, located at 90 Lafayette, presents a unique investment opportunity. The 0.68-acre lot houses a licensed automotive service and sales operation, complete with four 12-foot overhead doors, three lifts, and existing furniture, fixtures, and equipment (FFE) ready for a high-volume business. The property boasts approximately 3,500 square feet of unutilized space, offering significant value-added retail potential. A permitted sign at the main entrance on Route 1 northbound ensures high visibility for any business. Benefit from the high daily traffic count of 10,000+ vehicles. The property features separate utility meters for efficient cost management, and is serviced by town water and sewer, gas, and three-phase electric. Two tenants are currently in place, generating an 8.5% cap rate. This turnkey operation offers immediate income and significant upside potential for expansion and diversification. The property's strategic location and existing infrastructure make it an ideal investment for both established businesses and savvy entrepreneurs seeking a high-return opportunity in a thriving market. Don't miss this chance to acquire a well-established and versatile commercial property with substantial growth potential.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $635,000
  • CAP approach

    CAP return
    Estimation
    6%
    $490,000
    6.5%
    $530,000
    7%
    $565,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $540,000
    Geo Method
    $455,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $655,000
    Retail
    $620,000
    Mixed-Use
    $485,000
    Hospitality
    $650,000
    Educational
    $665,000
    Residential Income
    $665,000
    Energy
    $490,000
    Income-Based Land
    $580,000
    Food Service
    $525,000

Location Insight

  • Map
  • Local Demand
City
Salisbury
County
Essex
State
Massachusetts
Longitude
-70.8679
Latitude
42.8527
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
2024
$7,474
$344,900
$370,300
$715,200
-
$0.00
$0.00
$0.00
More about this property
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