Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    121 Loring Ave Ste, Unit 562 Salem, MA 01970-4473

    • Commercial real estate
    • 145 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1716794
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 121 Loring Ave Ste

    Year built
    1999
    Construction
    STEEL FRAME
    Property size
    145 SF
    Property type
    Commercial real estate
    APN
    SALE M:32 L:0020 S:704
    APU
    SALEM32L0020S704

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8927
    Latitude
    42.4987
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $452
    $0.00
    $19,100
    $19,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      40,000 SF

      392 Highland Ave

      SHOW ROOM, WAREHOUSE • 40,000 SF
      392 Highland Ave, Salem, MA 01970-1745
      View Details
    • Value Estimation by Request
      59,005 SF

      223 Derby St, Unit 223-31

      COMMERCIAL CONDOMINUIM • 59,005 SF
      223 Derby St, Salem, MA 01970-5127
      View Details
    • Value Estimation by Request
      48,587 SF

      Paradise Rd. & Vinnin St

      Retail properties • 48,587 SF
      0 Paradise Rd. & Vinnin St, Swampscott, MA 01970
      View Details
    • Value Estimation by Request

      99 Margin St

      SHOW ROOM, WAREHOUSE
      99 Margin St, Salem, MA 01970
      View Details
    • Value Estimation
      $295,000
      2,418 SF

      8 Proctor St

      SHOW ROOM, WAREHOUSE • 2,418 SF
      8 Proctor St, Salem, MA 01970-2115
      View Details
    • Value Estimation
      $635,000
      2,163 SF

      71 Lafayette St, Unit C4

      COMMERCIAL CONDOMINUIM • 2,163 SF
      71 Lafayette St, Salem, MA 01970-7508
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.06 Acres

      Salem Commercial Gem - High Traffic Area

      Prime Salem location, versatile space, high pedestrian traffic.
      280 Bridge St, Salem, MA 01970
      View Details
    • Contact for pricing
      16,000 SF

      Salem Office Space - Downtown Location

      Prime Salem office space, flexible lease terms.
      10 Federal St, Salem, MA 01970
      View Details
    • $2,500,000

      Spacious Mixed-Use Property in Salem

      Large mixed-use property with development potential in downtown Salem.
      11 Summer St, Salem, MA 01970
      View Details
    • $2,900,000

      Redevelopment Opportunity: 1.7 Acres

      1.7 acres of land for redevelopment across Salem and Lynn.
      483 Highland Ave, Salem, MA 01970
      View Details
    • $799,900

      Well-Maintained Two-Family Home

      Spacious, updated two-family home perfect for owner-occupancy.
      19 Cushing St, Salem, MA 01970
      View Details
    • $850,000

      Well-Maintained Three-Unit Apartment Building

      Three-unit apartment building in prime location near train and downtown.
      5 Herbert St, Salem, MA 01970
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      1,106 SF

      Salem Train Station Storefront

      Freestanding Commercial Space, High Traffic
      280 Bridge St, Salem, MA 01970
      View Details
    • $19 SF/Yr
      2,363 SF

      Downtown Salem Office Suite For Lease

      Attractive 2,363 sqft office suite in downtown Salem available now.
      262 Essex St, Salem, MA 01970
      View Details
    • Contact for pricing

      Retail Space on Route 107

      Retail space available now at a busy intersection.
      Salem, MA 01970
      View Details
    • $2,200 /Mo

      Luxury Salon Space in Salem

      Fully furnished salon space with photography set available for rent.
      107 North St, Salem, MA 01970
      View Details
    • $18 SF/Yr
      9,831 SF

      Visible Commercial Space on Highland

      Highly visible 9,831 sq ft commercial space on Highland Ave.
      207 Highland Ave, Salem, MA 01970
      View Details
    • $18 SF/Yr

      Waterfront Business Center Office Space

      Premier waterfront business center with ocean views near historic district.
      47 Congress St, Salem, MA 01970
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    121 Loring Ave Ste, Unit 562
    Salem, MA 01970-4473
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.