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    Property profile & analytics

    3 Industrial Way Salem, NH 03079-2838

    • Warehouses
    • 23,840 SF
    • 2.02 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Apr 12, 2024
    $3,700,000
    Location Intelligence
    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.

    Current Use by Public Records

    • Fiberkraft Inc / Commercial Printer
    • 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 Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    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

    Comparable in this City

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      15 Industrial Way

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      44 Pelham Rd

      WAREHOUSE, STORAGE • 6,000 SF
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    • Value Estimation
      $14,245,000
      99,833 SF

      21 Northwestern Dr

      WAREHOUSE, STORAGE • 99,833 SF
      21 Northwestern Dr, Salem, NH 03079-4809
      View Details

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      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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    3 Industrial Way
    Salem, NH 03079-2838
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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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