Property profile

151 Canal St Salem, MA 01970

OFF-MARKET
Automotive properties
Property ID
US38-2539882
1,054 SF 0.22 ac lot Built 1940
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1940
Construction FRAME
Total area 1,054 SF
Lot 0.22 ac (9,405 SF)
Zoning code B4
APN SALE M:33 L:0036
UPID US38-2539882

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

151 Canal St Salem, MA 01970-4508
Salem metro Census 204101 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2025
1 recorded transaction
2025
$400,000

Zoning & alternative use

B4 · Salem, MA
Zoning description

The Intent of this To promote Wholesale And Automotive Uses

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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