Financial
Distress signals
Property profile

125 Canal St Salem, MA 01970

FOR LEASE
Commercial real estate
Property ID
US38-0731263
3.04 ac lot
Last sale Dec 2025 · $6,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$117k
Tax billed · 2020
Assessed value · 2024$4.92M
Assessed land$2.56M
Assessed improvement$2.36M
Effective rate2.39%

Value estimate

· Sep 2026
$6.50M
$5.85M – $7.15M
NOI build-up
Gross scheduled income$31k
Vacancy & credit loss−$686
Operating expenses−$9k
NOI · 76,285.71% cap applied$21k

Realmo valuation models over county records.

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

Cap rate analysis

How does the asset earn?
76,285.71%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B4
The Intent of this To promote Wholesale And Automotive Uses
General categoryUNKNOWN
JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Store8.4
Nursing Home8.4
Dry Cleaner8.2

Location

125 Canal St Salem, MA 01970
County assessor Recorded deeds · 12 transfers Qualifying comp sales · not on file 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
86 Highland, Salem, MA 01970-2715 $895,000 Feb 2026 3,772 SF
155 Derby St, Salem, MA 01970-5663 $60,000 May 2025 1,951 SF
15 Broadway, Salem, MA 01970-2921 $315,000 Feb 2025 1,030 SF
63 12th Jefferson, Salem, MA 01970-2975 $2,750,000 Nov 2024 17,398 SF
133 Highland, Salem, MA 01970-2774 $575,884 Oct 2024 2,646 SF
100 Highland Ave, Salem, MA 01970-2702 $340,000 Dec 2023 1,060 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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