154 Lafayette Rd, Salisbury, MA 01952-1506
For Sale
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This 7.13-acre parcel of land, located at 154 Lafayette Road in Salisbury, Massachusetts (APN 22-151), is zoned LM-B and offers significant commercial development potential. The property boasts frontage along Route 1 (Lafayette Road) and enjoys convenient access to major highways, including Interstate 95 and 495. Utility tie-ins are available at the street. The predominantly wooded land is well-suited for a variety of commercial uses, as detailed in the Town of Salisbury's "Table of Uses." While a conceptual plan for a proposed use is available, it has not been submitted for permitting. Prospective buyers are encouraged to conduct their own due diligence regarding permitted uses. The seller is willing to adjust lot lines to meet specific buyer needs, and a final approved ANR plan will be recorded before closing. This is the first deed for this parcel, and a Book & Page number will be assigned upon final plan recording at the Registry of Deeds. The asking price is $825,000, representing a price per acre of $115,708. The property is held in trust.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
LM-B · Salisbury, MASalisbury. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.