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Property profile

20 Commercial St Salem, MA 01970

OFF-MARKET
Office buildings
Property ID
US38-0411478
5,056 SF 0.44 ac lot Built 2003
Last sale Aug 2021 · $600,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$15k
Tax billed · 2024
Assessed value$630k
Assessed land$272k
Assessed improvement$358k
Effective rate2.37%

Value estimate

· Nov 2026
$760k
$684k – $836k
AI approach$740k

Realmo valuation models over county records and 6 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 comparables6

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?
BP
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
Assisted Living Facility9.3
Computer & Electronic Repair8.7

Location

20 Commercial St Salem, MA 01970-3917
County assessor Recorded deeds · 9 transfers 6 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
26 Lynde, Salem, MA 01970-3404 $700,000 Jan 2026 3,989 SF
87 Margin, Salem, MA 01970-3311 $600,000 Nov 2022 6,364 SF
176 Nn, Salem, MA 01970-1648 $850,000 Mar 2022 4,522 SF
120 Canal, Salem, MA 01970-4651 $400,000 Aug 2021 6,359 SF
18 Hawthorne, Salem, MA 01970-4094 $712,500 Sep 2020 4,056 SF
30 Federal, Salem, MA 01970-3869 $750,000 Dec 2018 5,778 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

Comparable nearby

  • Value Estimation
    $910,000
    4,522 SF
    176 Nn St
    OFFICE BUILDING
    176 Nn St, Salem, MA 01970-1648
    View Details
  • Value Estimation
    $1,450,000
    5,750 SF
    32 Church St
    OFFICE BUILDING
    32 Church St, Salem, MA 01970-3769
    View Details
  • Value Estimation
    $885,000
    6,318 SF
    18-20 Frnt St
    OFFICE BUILDING
    18-20 Frnt St, Salem, MA 01970
    View Details
  • Value Estimation
    $450,000
    6,359 SF
    120 Canal St
    OFFICE BUILDING
    120 Canal St, Salem, MA 01970-4651
    View Details
  • Value Estimation
    $640,000
    6,364 SF
    87 Margin St
    OFFICE BUILDING
    87 Margin St, Salem, MA 01970-3311
    View Details
  • Value Estimation
    $1,015,000
    3,989 SF
    26 Lynde St
    OFFICE BUILDING
    26 Lynde St, Salem, MA 01970-3404
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    2,363 SF
    Walk-Up Creative Office Suite
    Third-floor suite with skylights, exposed brick, and a mezzanine layout near commuter rail and downtown amenities.
    262 Essex St # 3, Salem, MA 01970
    View Details
  • New
    Contact for pricing
    2,000 SF
    Ground Floor Medical Office Space
    Ground floor suite offers a private office layout with reception, conference room, kitchenette, two restrooms, and central HVAC.
    63-1/2 Jefferson Ave Unit 105, Salem, MA 01970
    View Details
  • New
    $549,900
    1,787 SF
    Attorney Office Building
    Office building configured with multiple offices, reception, conference room, and central air, with off-street tandem parking.
    47 Federal Street, Salem, MA 01970
    View Details
  • Contact for pricing
    16,000 SF
    Downtown Salem Office Space Available
    Office space for lease in downtown Salem near attractions.
    10 Federal St, Salem, MA 01970
    View Details
  • New
    $749,000
    1,428 SF
    Renovated Freestanding Office Building
    Owner-occupant office property with private rooms, reception, basement storage, and wheelchair-accessible entry.
    8 Essex St, Salem, MA 01970
    View Details
  • New
    Contact for pricing
    384,000 SF
    Salem Office Space Available
    Office space for sale in Salem, Massachusetts, available immediately.
    35 Congress Street, Salem, MA 01970
    View Details

Similar Nearby for Lease

  • New
    Contact for pricing
    3,546 sqft
    Office Units with Water Views
    Partially furnished office space with exceptional water views, flexible sublease through April 30, 2027, and parking plus marina slips.
    35 Congress St, Salem, MA 01970
    View Details
  • New
    $4,000/Mo
    3,000 sqft
    Multi-Level Retail or Office Space
    Multi-level space with bathrooms on each floor, suitable for office or service uses with some build-out needed.
    167 Boston Street, Salem, MA 01970
    View Details
  • $18 SF/Yr
    9,831 sqft
    Highland Avenue Commercial Space Available
    Highly visible commercial space suitable for retail, medical, or office.
    207 Highland Ave #A, Salem, MA 01970
    View Details
  • New
    $15 SF/Yr
    2,363 sqft
    Third-Floor Walk-Up Office Suite
    Downtown third-floor suite with private offices, open work areas, skylights, and a mezzanine accessed by circular stairs.
    3-262 Essex St, Salem, MA 01970
    View Details
  • New
    $21 SF/Yr
    2,000 sqft
    Ground-Floor Office Unit
    Flexible commercial suite with private offices, reception, conference space, and shared onsite parking.
    63-1 /2 Jefferson Ave Unit 105, Salem, MA 01970
    View Details
  • New
    $21 SF/Yr
    Ground Floor Retail-Ready Office Suite
    Ground floor suite with private offices, conference room, kitchenette, reception, two restrooms, and HVAC in a NNN lease.
    63-1/2 Jefferson Ave # 105, Salem, MA 01970
    View Details
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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