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Property profile & analytics
OFF-MARKET
Estimated value
$6,740,000
Manufacturing properties
26 Old Elm St Salisbury, MA 01952-1818
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US38-0681633
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1934
Construction
CONCRETE
Total area
89,237 SF
Lot
4.08 ac (177,842 SF)
Zoning code
C
APN
SALI M:10 P: 153
UPID
US38-0681633
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.96M
Blend (final)
Blend
$6.74M
Owner & transaction history
Hubbell Old Elm Holdin · 15 yrs held
Hubbell Old Elm Holdin
since 2011
7 recorded transactions
Zoning & alternative use
C · Salisbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.74M
Range $6.07M – $7.41M · ±10%
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
$76 / 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
$38,231
Tax year 2024
Assessed value
$3,658,500
Assessed 2024
Previous assessed
$3,658,500
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$1,085,900
Assessed improvement
$2,572,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1934
Construction
CONCRETE
Heating
GRAVITY
Buildings
1
Stories
1
Units
6
Bathrooms
5
Total area
89,237 SF
Lot
4.08 ac (177,842 SF)
Zoning code
C
APN
SALI M:10 P: 153
UPID
US38-0681633
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.
Building & site characteristics
From public records
Year built
1934
Construction
CONCRETE
Heating
GRAVITY
Stories
1
Buildings
1
Units
6
Bathrooms
5
Lot
4.08 ac
Current owner
From public records · entity-resolved
Hubbell Old Elm Holdin
Individual
Mailing address
26 OLD ELM ST, SALISBURY, MA 01952-1818
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2012
—
Hubbell Old Elm Holdings
—
Deed Of Trust
related
$1 · Inst Savings Newburyport
Mar 1, 2011
$2,500,000
Hubbell Old Elm Holdin
386 Elm RT
Deed
$947,000 · Granite St Econ Devel
Mar 1, 2011
—
Hubbell Old Elm Holdings
—
Deed Of Trust
related
$940,000 · Inst Savings Newburyport
Feb 19, 2010
—
386 Elm RT
—
Deed Of Trust
related
$2,430,000 · North Shore Bank
Mar 31, 2009
—
386 Elm Street RT
—
Deed Of Trust
related
$750,000 · Inst Savings Newburyport
Dec 20, 2006
—
386 Elm RT
—
Deed Of Trust
related
$750,000 · Ocean National Bank
Jun 27, 1997
—
386 Elm RT
—
Deed Of Trust
related
$2,200,000 · Family Bank
Jan 25, 1996
$100,000
386 Elm RT
Wardwell,elizabeth
Grant Deed
—
Jan 25, 1996
$50,000
386 Elm RT
Sears,herbert T
Grant Deed
$200,000 · First Nh Bank Granite
Jun 25, 1992
—
386 Elm RT
—
Deed Of Trust
related
$1,750,000 · First Nh Bank Granite
Mar 28, 1989
$147,000
386 Elm RT
Andersen,timothy V
Grant Deed
$117,600 · Merchantsbk Of Boston
Jan 20, 1989
—
386 Elm RT
—
Deed Of Trust
related
$1,600,000 · Merchantsbk Of Boston
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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