Financial
Distress signals
Property profile

10 Colonial Rd 15 Salem, MA 01970

OFF-MARKET
Office Spaces
Property ID
US38-1870394
694 SF 1.51 ac lot Built 1965
Last sale Mar 2021 · $50,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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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 · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$63k
Assessed improvement$63k
Effective rate2.37%

Value estimate

· Sep 2026
$275k
$248k – $303k
AI approach$275k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$287/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$150 – $396
Qualifying comparables9

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?
I
The Intent of this To promote Industrial Uses
General categoryINDUSTRIAL
JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply47.3
Wholesale Shop33.6
Realty agency31.6

Location

10 Colonial Rd, Unit 15 Salem, MA 01970-2943
County assessor Recorded deeds · 3 transfers 9 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11 Derby, Salem, MA 01970-3704 $335,000 Sep 2024 1,100 SF
190 Essex, Salem, MA 01970-3705 $370,000 Aug 2024 636 SF
248 Essex, Salem, MA 01970-3434 $325,000 Jun 2024 537 SF
6 Norman, Salem, MA 01970-3314 $159,000 Oct 2022 812 SF
124 Derby, Salem, MA 01970-5645 $305,000 Sep 2021 702 SF
8 Norman, Salem, MA 01970-3314 $140,000 May 2021 812 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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