Property profile

34 Margin St Salem, MA 01970

OFF-MARKET
Grocery and convenience stores
Property ID
US38-1651046
7,692 SF 0.12 ac lot Built 1961
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1961
Construction STEEL FRAME
Total area 7,692 SF
Lot 0.12 ac (5,232 SF)
Zoning code B5
APN SALE M:25 L:0590
UPID US38-1651046

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

34 Margin St Salem, MA 01970
Salem metro Census 204200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$405k

Owner & transaction history

Zoning & alternative use

B5 · Salem, MA
Zoning description

Applicability to Central Business (B5) Zoning District: For projects in the Central Business (B5) District, this Section 8.9 shall be applicable upon approval by the Executive Office of Housing and Livable Communities of…

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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