Property profile

2 Fanaras Dr D Salisbury, MA 01952

OFF-MARKET
Industrial properties
Property ID
US38-1610074
7,250 SF Built 1985
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 1985
Construction STEEL FRAME
Total area 7,250 SF
Zoning code I
APN SALI M:18 P:136D
UPID US38-1610074

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Printing Service
  • Plumbing Service Building Supply
  • General Contractor Construction Company

Location

2 Fanaras Dr, Unit D Salisbury, MA 01952-1443
Salisbury metro Census 267102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.19M
Comparable Approach Comparable
$1.31M
Blend (final) Blend
$345k

Owner & transaction history

since 2008
Last sale
$1.2M
2 recorded transactions
2008
$440,000
2008
Price N/A

Zoning & alternative use

I · Salisbury, MA
Zoning description

The intent of this district is to promote light industrial uses

General category INDUSTRIAL
Top alternative use upside
Office building $1.9M +57.0%
Auto repair, garage $1.7M +46.3%
Retail stores $1.6M +35.8%

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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