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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Investment properties
14 Elm St Salisbury, MA 01952-1931
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0853322
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1880
Construction
FRAME
Total area
2,320 SF
Lot
0.46 ac (20,199 SF)
Zoning code
VC
APN
SALI M: 6 P: 14
UPID
US38-0853322
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
$580k
CAP Approach
CAP
$725k
Comparable Approach
Comparable
$588k
Blend (final)
Blend
$620k
Owner & transaction history
Myty LLC · 3 yrs held
Myty LLC
since 2023
Last sale
$700,000
3 recorded transactions
Zoning & alternative use
VC · Salisbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purposes of the Village Center District are to encourage redevelopment and infill development in the Salisbury Square area in a manner that promotes compact building form, protects and enhances the value of land and buildings and provides for a variety of business and residential uses
Zone name
Village Center District
General category
COMMERCIAL
Zone area
32.24 ac
Source
Realmo
Top alternative use upside
Office building
$595,000
+47.3%
Auto repair, garage
$555,000
+37.3%
Retail stores
$515,000
+27.4%
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
$555,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$785,000
6.5%
$725,000
7%
$670,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$405,000
Current use
OFFICE BUILDING
$595,000
Change: +47% · Conversion: Easy
AUTO REPAIR, GARAGE
$555,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$515,000
Change: +27% · Conversion: Easy
Blend value · Realmo final
$620k
Range $558k – $682k · ±10% · vs last sale $700k (May 19 2023)
Last sale anchor
$700k
May 19 2023
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
$267 / 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
$5,381
Tax year 2024
Assessed value
$514,900
Assessed 2024
Previous assessed
$514,900
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$259,100
Assessed improvement
$255,800
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
1880
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
6
Bathrooms
2
Total area
2,320 SF
Lot
0.46 ac (20,199 SF)
Zoning code
VC
APN
SALI M: 6 P: 14
UPID
US38-0853322
Jurisdiction
SALISBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
VC · Salisbury, MAZoning VC · permitted uses
VC · 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 Village Center District are to encourage redevelopment and infill development in the Salisbury Square area in a manner that promotes compact building form, protects and enhances the value of land and buildings and provides for a variety of business and residential uses
Zone name
Village Center District
General category
COMMERCIAL
Zone area
32.24 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$405,000
OFFICE BUILDING
Est. value
$595,000
AUTO REPAIR, GARAGE
Est. value
$555,000
RETAIL STORES
Est. value
$515,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1880
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
6
Bathrooms
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Myty LLC
Entity
Mailing address
14 ELM ST, SALISBURY, MA 01952-1931
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2023
$700,000
Myty LLC
14 Elm Street RT
Quit Claim Arm's Length For Ne States
$525,000 · Newburyport Five Cents Savings Bank
Jan 31, 2002
$215,000
14 Elm St. RT
Pollard,james H
Grant Deed
$170,000 · Newburyport Five Cent
Dec 23, 1998
—
James H Polland JR.
—
Deed Of Trust
related
$50,000 · Inst Savings Newburyport
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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