Property profile & analytics
125 Broadway Salem, NH 03079-3007
- Super regional malls
- 38,797 SF
- 5.46 lot acres
OFF-MARKET
Value Estimations
$1,295,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US58-0288804
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
- Barnes & Noble / (Bike/Boat/Book/etc) Store
- Top Fitness Store - Salem / Gym & Fitness Center / (Bike/Boat/Book/etc) Store
- Salem Park Plaza / Shopping Center & Mall
- Linear Retail Properties, LLC. / Real Estate Agency
- Findeisen's Ice Cream / Grocery & Convenience Store / Specialty Food Shop
Property Details for 125 Broadway
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.46 lot acres
- Property size
- 38,797 SF
- Zone code
- CIC
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- SLEM M:108 B:842 L:
- APU
- SLEMM108B842L
Description
This prime retail space, Shoppes at Rockingham Park, located at 125 S Broadway, Salem, NH 03079, offers a unique investment opportunity. The 37,933 square foot shopping center boasts a highly visible location at the signalized intersection of South Broadway (Route 28) and Veterans Memorial Highway (the first exit off I-93 in New Hampshire). Benefitting from its strategic placement directly across from the expansive Tuscan Village (a 3 million square foot mixed-use development) and the 1 million square foot Mall at Rockingham Park, this property enjoys exceptional foot traffic and brand recognition. Currently, 5,040 square feet of retail space is available, divisible into units as small as 1,844 square feet, with a maximum contiguous space of 3,196 square feet. The property features ample parking, with a ratio of 5 spaces per 1,000 square feet. A recent façade renovation enhances the property's curb appeal. Strong existing tenants include Barnes & Noble, Wrap City, Top Fitness, Bank of America, and Supercuts, creating a vibrant and established retail environment. This location in Rockingham County presents a compelling opportunity for businesses seeking high visibility and access to a substantial consumer base. The property's size and configuration offer flexibility for a variety of retail uses.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $1,200,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,389,000
Market price range: $384k - $1.39M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $885,000 Current use
- MEDICAL BUILDING
- $1,705,000 Change: +93% Conversion: Difficult
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -71.2197
- Latitude
- 42.7706
- 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
2023
$130,066
$4,341,800
$3,327,200
$7,669,000
-
$0.00
$0.00
$0.00
