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Financial
Distress signals
Property profile

73 Lafayette St Salem, MA 01970

OFF-MARKET
Commercial real estate
Property ID
US38-0165555
12,983 SF 0.35 ac lot Built 1920
Last sale Apr 2021 · $3,250,000
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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Market Trends Soon

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 · 2021

What does the county charge?
$50k
Tax billed · 2021
Assessed value · 2024$2.65M
Assessed land$510k
Assessed improvement$2.14M
Effective rate1.87%

Value estimate

· Oct 2026
$4.12M
$3.71M – $4.53M
AI approach$4.10M
CAP approach$4.05M
Submarket $/SF estimate$4.18M

Realmo valuation models over county records and 18 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 comparables18

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
Locksmith9.6
Pet Grooming Service9.0
Assisted Living Facility9.0

Location

73 Lafayette St Salem, MA 01970-3620
County assessor Recorded deeds · 6 transfers 18 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
86 Highland, Salem, MA 01970-2715 $895,000 Feb 2026 3,772 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
65 Washington St, Salem, MA 01970-6360 $950,000 Nov 2023 3,212 SF
141 Canal, Salem, MA 01970-4648 $300,000 Jun 2023 2,350 SF
121 Essex, Salem, MA 01970-3706 $750,000 Oct 2022 2,507 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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