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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Investment properties
124 Lafayette Rd Salisbury, MA 01952-1506
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-2533958
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1976
Construction
FRAME
Total area
6,180 SF
Lot
2.2 ac (95,815 SF)
Zoning code
LM
APN
SALI M:22 P: 70
UPID
US38-2533958
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
$695k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$903k
Blend (final)
Blend
$720k
Owner & transaction history
Hsl Realty Holdings LLC · 4 yrs held
Hsl Realty Holdings LLC
since 2021
Last sale
$730,000
7 recorded transactions
Zoning & alternative use
LM · Salisbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Lafayette Main Commercial District are to encourage diverse, high-quality, and attractive commercial developments and mixed use developments on Lafayette Road, Main Street, and Toll Road
Zone name
Lafayette Main Commercial
General category
MIXED_USE
Zone area
70.23 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
Method
Estimation
Statistic approach
$640,000
ML approach
$695,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,080,000
Current use
INDUSTRIAL (GENERAL)
$1,010,000
Change: -6% · Conversion: Moderate
WAREHOUSE, STORAGE
$870,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$720k
Range $648k – $792k · ±10% · vs last sale $730k (Oct 8 2021)
Last sale anchor
$730k
Oct 8 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$117 / SF
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
$7,194
Tax year 2024
Assessed value
$688,400
Assessed 2024
Previous assessed
$688,400
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$346,300
Assessed improvement
$342,100
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
1976
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Rooms
4
Bathrooms
3
Total area
6,180 SF
Lot
2.2 ac (95,815 SF)
Zoning code
LM
APN
SALI M:22 P: 70
UPID
US38-2533958
Jurisdiction
SALISBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
LM · Salisbury, MAZoning LM · permitted uses
LM · Salisbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purposes of the Lafayette Main Commercial District are to encourage diverse, high-quality, and attractive commercial developments and mixed use developments on Lafayette Road, Main Street, and Toll Road
Zone name
Lafayette Main Commercial
General category
MIXED_USE
Zone area
70.23 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.1M
INDUSTRIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$870,000
COMMERCIAL (GENERAL) Current
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1976
Construction
FRAME
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Rooms
4
Bathrooms
3
Lot
2.2 ac
Current owner
From public records · entity-resolved
Hsl Realty Holdings LLC
Entity
Mailing address
119 WEBB ST, SALEM, MA 01970-4018
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2021
$730,000
Hsl Realty Holdings LLC
124 Lafayette Road RT
Quit Claim Arm's Length For Ne States
$345,000 · Salem Five Cents Savings Bank
Oct 8, 2021
—
Hsl Rlty Hldg LLC
—
Deed
related
$298,000 · Bay Colony Development Corp
Sep 23, 2020
—
124 Lafayette Rd RT
—
Deed
related
$400,000 · Kennebunk Savings Bank
Jul 20, 2009
$375,000
124 Lafayette Road RT
Newburyport Five Cents
Deed
$300,000 · Newburyport Five Cent
Oct 22, 2008
$300,000
Newburyport Five Cents Sb
Longo,john A
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Sep 28, 2001
—
Kendall RT
—
Deed Of Trust
related
$50,000 · Island Realty Asso LP
Aug 22, 2001
—
Kendall RT
—
Deed Of Trust
related
$35,187 · Newburyport Five Cent
Dec 6, 2000
—
Caramel RT
—
Deed Of Trust
related
$150,000 · Newburyport Five Cent
Jul 11, 2000
—
Caramel RT
—
Deed Of Trust
related
$150,000 · Newburyport Five Cent
Feb 18, 2000
—
Caramel RT
—
Deed Of Trust
related
$250,000 · Newburyport Five Cent
Sep 13, 1999
—
Kendell RT
—
Deed Of Trust
related
$156,000 · Island Rlty Assoc LP
Aug 12, 1999
—
Kendall RT
—
Deed Of Trust
related
$122,000 · Newburyport Five Cent
Apr 26, 1996
—
Kendall RT
—
Deed Of Trust
related
$130,000 · Newburyport Five Cent
Aug 20, 1993
$70,000
Kendell RT
North Shore Holdings
Grant Deed
—
May 18, 1993
$115,000
North Shore Holdings
Hill,edward JR
Grant Deed
related
—
Nov 22, 1991
—
Kendell RT
—
Deed Of Trust
related
$184,677 · Jackson Lumber Co
Sep 22, 1989
—
Edward Hill JR.
—
Deed Of Trust
related
$45,000 · Gary Needham
Jan 11, 1988
—
Kendell Realty Trust
—
Deed Of Trust
related
$785,000 · Easthampton Savings Bank
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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