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    Property profile & analytics

    21 Northwestern Dr Salem, NH 03079

    • Warehouses
    • 99,833 SF
    • 15.26 lot acres
    For Lease
    View listing
    $10 SF/Yr
    Value Estimation
    $14,245,000
    Last Sale
    Aug 08, 2022
    $14,900,000
    Location Intelligence
    Property ID
    US58-0254644
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Advanced Programs, Inc / Software Company
    • Certified Homecare Consulting - Health Care Services / Health Consultant / Hospice
    • L.J. Smith Stair Systems / Manufacturer
    • Dennesen Industrial LLC / Money Transfer Service

    Property Details for 21 Northwestern Dr

    Year built
    1995
    Construction
    STEEL FRAME
    Lot size
    15.26 lot acres
    Property size
    99,833 SF
    Zone code
    IND
    Property type
    Warehouses
    APN
    SLEM M:95 B:10585 L:
    APU
    SLEMM95B10585L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $14,210,000

    • CAP approach

      CAP return
      Estimation
      6%
      $14,655,000
      6.5%
      $16,220,000
      7%
      $13,785,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $14,390,000
      Geo Method
      $15,625,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $15,835,000
      Retail
      $14,175,000
      Mixed-Use
      $13,785,000
      Hospitality
      $12,860,000
      Educational
      $15,080,000
      Residential Income
      $12,140,000
      Energy
      $13,680,000
      Income-Based Land
      $14,170,000
      Food Service
      $12,110,000

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.2651
    Latitude
    42.7768
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $103,290
    $1,856,000
    $4,234,200
    $6,090,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      107,266 SF

      26 Lowell Rd

      WAREHOUSE, STORAGE • 107,266 SF
      26 Lowell Rd, Salem, NH 03079-4018
      View Details
    • Value Estimation by Request
      15,600 SF

      9 Delaware Dr

      WAREHOUSE, STORAGE • 15,600 SF
      9 Delaware Dr, Salem, NH 03079-4063
      View Details
    • Value Estimation by Request
      22,500 SF

      15 Industrial Way

      WAREHOUSE, STORAGE • 22,500 SF
      15 Industrial Way, Salem, NH 03079-2838
      View Details
    • Value Estimation by Request
      18,000 SF

      5 Delaware Dr

      WAREHOUSE, STORAGE • 18,000 SF
      5 Delaware Dr, Salem, NH 03079-4059
      View Details
    • Value Estimation by Request
      6,000 SF

      44 Pelham Rd

      WAREHOUSE, STORAGE • 6,000 SF
      44 Pelham Rd, Salem, NH 03079-2829
      View Details
    • Value Estimation
      $10,025,000
      2,703 SF

      362 Broadway

      BULK STORAGE, TANKS • 2,703 SF
      362 Broadway, Salem, NH 03079-2116
      View Details

    Similar Nearby for Sale

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    • $600,000
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      Office-Warehouse Space For Sale

      Office-warehouse space with loading dock, suitable for various businesses.
      50 Northwestern Dr, Salem, NH 03079
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      Industrial building featuring highway access, municipal utilities, and flexible spaces.
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    • Contact for pricing
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    • $650,000
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      Turn-Key Restaurant & Catering Business

      Established restaurant and catering business with loyal customer base.
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      Commercial Land For Sale

      Commercial land available for sale.
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    Similar Nearby for Lease

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      1 SF

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      19,500 SF warehouse with loading docks and ample parking.
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    • $16 SF/Yr
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      Salem, NH Flex Space

      4,500 SF flex space available for lease.
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      View Details
    • Contact for pricing
      37,933 SF

      Salem Retail Center Opportunity

      High-traffic Salem, NH shopping center space available.
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      View Details
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      Salem Medical Office Space for Lease

      Class A medical office, 1,439 SF available
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    • $15 SF/Yr
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      Freestanding Office Space Near I-93

      Office space with highway access, near Boston express bus.
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      View Details
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    21 Northwestern Dr
    Salem, NH 03079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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