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Property profile & analytics
OFF-MARKET
Investment properties
116 Rabbit Rd Salisbury, MA 01952-1310
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US38-0977028
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2015
Construction
STEEL FRAME
Total area
3,379 SF
Lot
0.46 ac (20,199 SF)
Zoning code
I
APN
SALI M:18 P: 126
UPID
US38-0977028
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Brian J Leblanc · 18 yrs held
Brian J Leblanc
since 2007
1 recorded transaction
Zoning & alternative use
I · Salisbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The intent of this district is to promote light industrial uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
200.95 ac
Source
Realmo
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$4,014
Tax year 2024
Assessed value
$384,100
Assessed 2024
Previous assessed
$384,100
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$174,500
Assessed improvement
$209,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2015
Construction
STEEL FRAME
Heating
WOOD FURNACE
Buildings
2
Stories
1
Units
2
Rooms
5
Bathrooms
1
Total area
3,379 SF
Lot
0.46 ac (20,199 SF)
Zoning code
I
APN
SALI M:18 P: 126
UPID
US38-0977028
Jurisdiction
SALISBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Salisbury, MAZoning I · permitted uses
I · Salisbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The intent of this district is to promote light industrial uses
Zone name
Light Industrial
General category
INDUSTRIAL
Zone area
200.95 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2015
Construction
STEEL FRAME
Heating
WOOD FURNACE
Stories
1
Buildings
2
Units
2
Rooms
5
Bathrooms
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Brian J Leblanc
Individual
Mailing address
116 RABBIT RD, SALISBURY, MA 01952-1310
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2007
$163,000
Brian J Leblanc
Michaud,joann
Grant Deed
$130,400 · Salem Five Mortgage Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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