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    Property profile & analytics
    OFF-MARKET Estimated value $3,360,000
    Warehouses

    3 Industrial Way, Salem, NH 03079-2838

    23,840 SF 2.02 ac lot Built 1979
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US58-0021679
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1979
    Construction STEEL FRAME
    Total area 23,840 SF
    Lot 2.02 ac (87,991 SF)
    Zoning code CIB
    APN SLEM M:87 B:7471 L:
    UPID US58-0021679
    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
    Current use
    Occupant on record · Public records
    • Fiberkraft Inc Marketing & Advertising Printing Service
    • Beacon Property Services Property Management Company Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $2.68M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $3.36M
    Owner & transaction history
    3 Industrial Way LLC · 1 yrs held
    3 Industrial Way LLC
    since 2024
    Last sale
    $3.7M
    5 recorded transactions
    2024
    $3.7M
    2016
    $1.5M
    2012
    $1.4M
    2004
    $1.3M
    2000
    $950,000
    Zoning & alternative use
    CIB · Salem, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $4.9M +688.3%
    Commercial (general) $3.3M +434.9%
    Auto repair, garage $3.0M +379.9%
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