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Property profile

155 Derby St Ste 1 Salem, MA 01970

OFF-MARKET
Commercial real estate
Property ID
US38-0996214
1,951 SF 0.07 ac lot Built 1900
Last sale Jun 1995 · $60,000
Individually Owned Owner of record is an individual. 31-yr Hold Held for 31 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$235k
Assessed improvement$235k
Effective rate2.37%

Value estimate

· Oct 2026
$55k
$50k – $61k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$277/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$146 – $523
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B1
The Intent of this To promote Business Neighborhood Uses
General categoryCOMMERCIAL
JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.7
Dry Cleaner9.5
Computer & Electronic Repair9.0

Location

155 Derby St Ste, Unit 1 Salem, MA 01970-5663
County assessor Recorded deeds · 1 transfer 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
141 Canal, Salem, MA 01970-4648 $300,000 Jun 2023 2,350 SF
9 Foster, Salem, MA 01970-2501 $855,000 Jun 2023 1,608 SF
Harmony Grv, Salem, MA 01970 $10,000,000 Mar 2022 1,984 SF
71 Lafayette St, Salem, MA 01970-7508 $525,000 Jul 2021 2,163 SF
100 Highland, Salem, MA 01970-2702 $470,000 Apr 2021 1,638 SF
3 Pleasant, Salem, MA 01970-3823 $749,000 Feb 2020 1,840 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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