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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Investment properties
163 Brg Rd, Salisbury, MA 01952-2413
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0071832
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1870
Construction
FRAME
Total area
3,152 SF
Lot
0.26 ac (11,164 SF)
Zoning code
C
APN
SALI M:14 P: 16
UPID
US38-0071832
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
$645k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$799k
Blend (final)
Blend
$690k
Owner & transaction history
Carey Properties LLC · 4 yrs held
Carey Properties LLC
since 2022
Last sale
$675,000
7 recorded transactions
Zoning & alternative use
C · Salisbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$810,000
+47.3%
Auto repair, garage
$755,000
+37.3%
Retail stores
$700,000
+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
$580,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$550,000
Current use
OFFICE BUILDING
$810,000
Change: +47% · Conversion: Easy
AUTO REPAIR, GARAGE
$755,000
Change: +37% · Conversion: Difficult
RETAIL STORES
$700,000
Change: +27% · Conversion: Easy
WAREHOUSE, STORAGE
$445,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±10% · vs last sale $675k (Feb 17 2022)
Last sale anchor
$675k
Feb 17 2022
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
$219 / 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
$6,693
Tax year 2024
Assessed value
$640,500
Assessed 2024
Previous assessed
$640,500
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$221,000
Assessed improvement
$419,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1870
Construction
FRAME
Heating
WOOD FURNACE
Buildings
2
Stories
2
Units
2
Rooms
6
Bathrooms
2
Total area
3,152 SF
Lot
0.26 ac (11,164 SF)
Zoning code
C
APN
SALI M:14 P: 16
UPID
US38-0071832
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
COMMERCIAL (GENERAL) Current
Est. value
$550,000
OFFICE BUILDING
Est. value
$810,000
AUTO REPAIR, GARAGE
Est. value
$755,000
RETAIL STORES
Est. value
$700,000
WAREHOUSE, STORAGE
Est. value
$445,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
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
1870
Construction
FRAME
Heating
WOOD FURNACE
Stories
2
Buildings
2
Units
2
Rooms
6
Bathrooms
2
Lot
0.26 ac
Current owner
From public records · entity-resolved
Carey Properties LLC
Entity
Mailing address
54 BENNETT HL RD, ROWLEY, MA 01969-1303
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2022
$675,000
Carey Properties LLC
163 Bridge Road LLC
Quit Claim Arm's Length For Ne States
$337,500 · Leader Bank NA
Feb 17, 2022
—
Carey Properties LLC
—
Deed
related
$280,000 · Bay Colony Development Corp
Oct 25, 2018
$360,000
163 Bridge Road LLC
James Maccarthy
Quit Claim Arm's Length For Ne States
$270,000 · Newburyport Five Cents Savings Bank
Dec 12, 2006
—
James Maccarthy
—
Deed Of Trust
related
$34,000 · Salem Five Cents Savings Bank
Dec 12, 2003
—
James Maccarthy
—
Deed Of Trust
related
$34,000 · Salem Five Cents Savings Bank
Apr 22, 2003
—
James Maccarthy
—
Deed Of Trust
related
$180,000 · Salem Five Mortgage Corp
May 13, 2002
$230,000
James Maccarthy
Decie,rosemary Ann
Grant Deed
$160,000 · Salem Five Mortgage Corp
Feb 13, 2002
—
Rosemary Decie
—
Deed Of Trust
related
$15,165 · Newburyport Five Cent
Jun 23, 1998
—
Rosemary Gagni
—
Deed Of Trust
related
$92,000 · Newburyport Five Cent
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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