Financial
Distress signals
Property profile

304 Essex St 7 Salem, MA 01970

OFF-MARKET
Commercial real estate
Property ID
US38-0555473
485 SF 0.05 ac lot Built 1800
Last sale Oct 2023 · $468,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ 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 · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$104k
Assessed land$100
Assessed improvement$104k
Effective rate2.37%

Value estimate

· Sep 2026
$375k
$338k – $413k

Realmo valuation models over county records and 5 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 comparables5

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?
B5
Applicability to Central Business (B5) Zoning District: For projects in the Central Business (B5) District, this Section 8.9 shall be app...
General categoryUNKNOWN
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
Locksmith10.2
Butcher8.8
Dry Cleaner8.7

Location

304 Essex St, Unit 7 Salem, MA 01970-3408
County assessor Recorded deeds · 5 transfers 5 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
15 Broadway, Salem, MA 01970-2921 $315,000 Feb 2025 1,030 SF
100 Highland Ave, Salem, MA 01970-2702 $340,000 Dec 2023 1,060 SF
105 Essex St, Salem, MA 01970-5242 $350,000 Jun 2023 358 SF
27 Laurel, Salem, MA 01970-4656 $660,000 Mar 2023 1,200 SF
275 Essex St, Salem, MA 01970 $900,000 Oct 2022 865 SF
266 Essex St, Salem, MA 01970-3444 $280,000 Jun 2022 1,023 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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