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    Property profile & analytics

    287 Lawrence Rd Salem, NH 03079-4303

    • Showrooms
    • 7,479 SF
    • 1.14 lot acres
    OFF-MARKET
    Value Estimation
    $1,205,000
    Last Sale
    May 22, 2024
    $1,200,000
    Location Intelligence
    Property ID
    US58-0348649
    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

    • New England Casino Career Institute / Adult Education School
    • Entelligence Computer Services LLC / Corporate Office
    • Dot Square LLC / Business Management Consultant
    • V Electrolysis + Beauty LLC / Electrolysis Hair Removal Service / Hair Removal Service

    Property Details for 287 Lawrence Rd

    Year built
    1924
    Construction
    FRAME
    Lot size
    1.14 lot acres
    Property size
    7,479 SF
    Zone code
    RES
    Property type
    Showrooms
    APN
    SLEM M:151 B:142 L:
    APU
    SLEMM151B142L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,200,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,135,000
      6.5%
      $1,095,000
      7%
      $1,160,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,420,000
      Geo Method
      $1,265,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,120,000
      Retail
      $1,140,000
      Mixed-Use
      $965,000
      Hospitality
      $1,190,000
      Educational
      $1,250,000
      Residential Income
      $1,145,000
      Energy
      $920,000
      Income-Based Land
      $985,000
      Food Service
      $1,175,000

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.1987
    Latitude
    42.7462
    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
    $8,639
    $219,800
    $289,600
    $509,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      199 Zion Hl Rd

      SHOW ROOM, WAREHOUSE • 6,266 SF
      199 Zion Hl Rd, Salem, NH 03079-1521
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      99,000 SF

      10 Hampshire Rd

      SHOW ROOM, WAREHOUSE • 99,000 SF
      10 Hampshire Rd, Salem, NH 03079-4204
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    • Value Estimation by Request
      50,048 SF

      31 Stiles Rd

      SHOW ROOM, WAREHOUSE • 50,048 SF
      31 Stiles Rd, Salem, NH 03079-2897
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    • Value Estimation
      $370,000
      3,747 SF

      23 Pond St

      SHOW ROOM, WAREHOUSE • 3,747 SF
      23 Pond St, Salem, NH 03079-4345
      View Details
    • Value Estimation by Request
      2,960 SF

      2 Salem St

      SHOW ROOM, WAREHOUSE • 2,960 SF
      2 Salem St, Salem, NH 03079-4115
      View Details

    Similar Nearby for Sale

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      Move-in ready office suite, prime location.
      289 Main St, Salem, NH 03079
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    • Contact for pricing
      21,887 SF

      with a longer lease term available. Existing furniture

      fixtures & equipment may be negotiable (a list is forthcoming). Future renovations at the expense of the new tenant and subject to prior approval by the owner\/landlord and Town officials. Uses must be complimentary with existing businesses at Eastpointe Plaza. This information was secured from sources deemed reliable
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    Similar Nearby for Lease

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      700 SF retail space with utilities included in rent.
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    • $1,800 /Mo
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    • $25 SF/Yr
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      Contemporary retail space with open layout and high visibility.
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    • $950 /Mo
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      850+/- sq. ft. retail-office unit for lease.
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    • $15 SF/Yr
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      Retail Space in Eastpointe Plaza

      2,880 sq ft salon/spa space for rent.
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    • $17 SF/Yr
      12,000 SF

      Retail Space on Main Street

      Former Rite Aid with open space and desirable location.
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    287 Lawrence Rd
    Salem, NH 03079-4303
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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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