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Financial
Distress signals
Property profile

17 Mdw St Salem, MA 01970

OFF-MARKET
Auto shops
Property ID
US38-0176280
1,008 SF 0.09 ac lot Built 2009
Last sale Jul 2011 · $205,000
Individually Owned Owner of record is an individual. 15-yr Hold Held for 15 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a centrally located engineered steel building constructed around 2009, maintained in very good condition. It includes first-floor space with an additional second-level office area and is equipped with two overhead doors. The building is zoned B4, which permits a range of uses by right, including retail, office, light motor vehicle service, plumbing, carpentry, sheet metal shop, warehouse, and distribution. The site provides driveway parking and includes a rear yard that can support additional parking or storage. The total property size is 1,008 square feet.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$8k
Tax billed · 2024
Assessed value$336k
Assessed land$271k
Assessed improvement$64k
Effective rate2.37%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$335k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$240/SF
County average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$150 – $357

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B4
The Intent of this To promote Wholesale And Automotive Uses
General categoryUNKNOWN
JurisdictionSALEM

Location intelligence

Which uses thrive at this corner?
Best fit: Dry Cleaner
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dry Cleaner8.8
Nursing Home8.4
Catering Service8.2

Location

17 Mdw St Salem, MA 01970-4616
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
97 Ocean, Salem, MA 01970-4640 $750,000 Dec 2024 2,400 SF
56 Swampscott, Salem, MA 01970 $185,000 Sep 2024 750 SF
25 Boston, Salem, MA 01970-2103 $550,000 Feb 2024 2,904 SF
119 Webb, Salem, MA 01970-4018 $131,000 Jan 2022 1,800 SF
43 Essex, Salem, MA 01970-5256 $200,000 Mar 2021 1,512 SF
53 Canal, Salem, MA 01970-4843 $475,000 Sep 2019 1,554 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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