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    3 Industrial Way Salem, NH 03079-2838
    Property profile & analytics

    3 Industrial Way Salem, NH 03079-2838


    • Warehouses
    • 23,840 SF
    • 2.02 lot acres
    Off-Market
    Last Sale Apr 12, 2024
    $3,700,000
    Property ID
    US58-0021679
    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.

    Value Estimations
    $3,360,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Fiberkraft Inc / Marketing & Advertising / Printing Service
    • Beacon Property Services / Property Management Company / Contractor

    Property Details for 3 Industrial Way

    Year built
    1979
    Construction
    STEEL FRAME
    Lot size
    2.02 lot acres
    Property size
    23,840 SF
    Zone code
    CIB
    Property type
    Warehouses
    APN
    SLEM M:87 B:7471 L:
    APU
    SLEMM87B7471L

    Description

    This exceptional 25,179-square-foot industrial building in Salem, New Hampshire, presents a rare leasing opportunity. The property, situated on 2.52 acres, boasts a versatile design encompassing both warehouse and flex space. The warehouse area totals 21,099 square feet, featuring a generous 24-foot clear ceiling height, ideal for various industrial uses. Loading and unloading are facilitated by five loading docks and three drive-in doors. Complementing the warehouse is approximately 4,080 square feet of modern, climate-controlled office space, complete with a reception area, private offices, a conference room, restrooms, and a kitchen/breakroom. Adding to the property's functionality is a 3,146-square-foot outbuilding, perfect for additional storage or laydown space. The building, constructed in 1979 and renovated in 1986, is a two-story structure with ample parking for 36 vehicles. The property benefits from 600 AMP, 3-phase electrical service and is zoned CIB. This well-maintained facility offers a unique combination of warehouse and office space, making it an ideal location for a variety of businesses. The property's strategic location in Salem, NH, provides easy access to major transportation routes. This is a turnkey solution for businesses seeking a functional and spacious industrial property.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $2,900,000
      6.5%
      $2,680,000
      7%
      $2,485,000
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $4,880,000
      COMMERCIAL (GENERAL)
      $3,310,000
      AUTO REPAIR, GARAGE
      $2,970,000
      RESTAURANT
      $2,395,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.2525
    Latitude
    42.7789
    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
    $25,867
    $527,000
    $998,200
    $1,525,200
    -
    $0.00
    $0.00
    $0.00
    More about this property
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