Financial
Distress signals
Property profile

307 Highland Ave Salem, MA 01970

OFF-MARKET
Automotive properties
Property ID
US38-0950986
1,305 SF 0.34 ac lot Built 1957
Last sale Jan 2022 · $900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$18k
Tax billed · 2024
Assessed value$747k
Assessed land$613k
Assessed improvement$134k
Effective rate2.37%

Value estimate

· Sep 2026
$1.01M
$905k – $1.11M
AI approach$1.05M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$240/SF
County average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$150 – $357
Qualifying comparables4

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?
B2
The Intent of this To promote Business Highway Uses
General categoryCOMMERCIAL
JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm16.1
Realty agency14.5
Parking Facility11.2

Location

307 Highland Ave Salem, MA 01970
County assessor Recorded deeds · 2 transfers 4 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
97 Ocean, Salem, MA 01970-4640 $750,000 Dec 2024 2,400 SF
56 Swampscott, Salem, MA 01970 $185,000 Sep 2024 750 SF
119 Webb, Salem, MA 01970-4018 $131,000 Jan 2022 1,800 SF
145 Canal, Salem, MA 01970-4647 $412,478 May 2021 1,084 SF
43 Essex, Salem, MA 01970-5256 $200,000 Mar 2021 1,512 SF
53 Canal, Salem, MA 01970-4843 $475,000 Sep 2019 1,554 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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