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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Retail space
147 Brg Rd Salisbury, MA 01952-2454
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-1732048
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
FRAME
Total area
10,461 SF
Lot
2.77 ac (120,796 SF)
Zoning code
C
APN
SALI M:14 P: 12
UPID
US38-1732048
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
$1.90M
CAP Approach
CAP
$2.65M
Comparable Approach
Comparable
$1.71M
Blend (final)
Blend
$1.95M
Owner & transaction history
147 Bridge LLC · 1 yrs held
147 Bridge LLC
since 2025
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
C · Salisbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+15.6%
Auto repair, garage
$2.5M
+7.7%
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
$1,925,000
ML approach
$1,895,000
CAP Approach
CAP Return
Estimation
6%
$2,865,000
6.5%
$2,645,000
7%
$2,455,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,325,000
Current use
OFFICE BUILDING
$2,690,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,505,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$1.95M
Range $1.75M – $2.14M · ±10% · vs last sale $2.10M (Feb 6 2025)
Last sale anchor
$2.10M
Feb 6 2025
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
$186 / 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
$15,242
Tax year 2024
Assessed value
$1,458,600
Assessed 2024
Previous assessed
$1,458,600
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$369,900
Assessed improvement
$1,088,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2005
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Bathrooms
6
Total area
10,461 SF
Lot
2.77 ac (120,796 SF)
Zoning code
C
APN
SALI M:14 P: 12
UPID
US38-1732048
Jurisdiction
SALISBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Salisbury, MA
Zoning C · permitted uses
C · Salisbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.7M
AUTO REPAIR, GARAGE
Est. value
$2.5M
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2005
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Bathrooms
6
Lot
2.77 ac
Current owner
From public records · entity-resolved
147 Bridge LLC
Entity
Free & Clear · 1 yrs held
Mailing address
126 MERRIMAC ST UNIT #58, NEWBURYPORT, MA 01950-2450
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 6, 2025
$2,100,000
147 Bridge LLC
S & N RT
Deed
—
Mar 16, 2006
—
S RT
—
Deed Of Trust
related
$100,000 · First National Bank Ipswch
Aug 11, 2005
—
S RT
—
Deed Of Trust
related
$650,000 · First National Bank Ipswch
Mar 31, 1998
—
S RT
—
Deed Of Trust
related
$140,000 · First National Bank Ipswch
May 16, 1994
$200,000
S RT
First Nb Ipswich
Grant Deed
$250,000 · First National Bank Ipswch
Aug 26, 1993
$160,000
Nb Ipswich First
Makris,thomas N
Grant Deed
related
—
Dec 24, 1992
$70,000
Nb Ipswich First
Mckenna,michael P
Grant Deed
related
—
Dec 15, 1989
—
Thomas Makris
—
Deed Of Trust
related
$180,000 · First National Bank Ipswch
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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