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Financial
Distress signals
Property profile

379 S Broadway Salem, NH 03079

FOR LEASE
Commercial real estate
Property ID
US58-0127902
2.94 ac lot
Last sale Mar 2022 · $4,750,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
379 S Broadway, Salem, NH 03079 For Lease
$2,692/Mo 2,692 SF available
379 S Broadway, Salem, NH 03079
View Listing

Property summary

AI-generated overview

This exceptional retail opportunity presents a 2,000 square foot space within the established Nettles Shoppes plaza in Salem, New Hampshire. Located at 379 S Broadway, this single-tenant unit (Unit C-3) offers an open floor plan and private bathrooms. The Nettles Shoppes is a three-building, single-story retail plaza totaling 27,456 square feet, built in 1985 and zoned Commercial CIC in Rockingham County. Boasting over 25 years of 90%+ occupancy, this property benefits from ample parking and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$67k
Tax billed · 2023
Assessed value$3.98M
Assessed land$2.06M
Assessed improvement$1.91M
Effective rate1.70%

Value estimate

· Oct 2026
$4.53M
$4.08M – $4.98M
AI approach$4.82M
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 1,413.71% cap applied$38k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$231/SF
County average, outlier-cleaned · 352 recorded sales of this use type
Observed band · Q1–Q3$109 – $390

Cap rate analysis

How does the asset earn?
1,413.71%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CIC
JurisdictionSALEM TOWN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.7
Law Firm15.2
Dental Office13.8

Location

379 S Broadway Salem, NH 03079
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
223 Main, Salem, NH 03079-3186 $955,000 Jan 2026 4,785 SF
92 Cluff Xing, Salem, NH 03079-3504 $89,000 Apr 2025 No data
326 Broadway, Salem, NH 03079-4502 $3,080,533 Mar 2025 No data
1 Mall, Salem, NH 03079-4009 $3,250,000 Sep 2024 185,496 SF
287 Lawrence, Salem, NH 03079-4303 $1,200,000 May 2024 7,479 SF
254 Broadway, Salem, NH 03079-2132 $660,000 May 2024 3,522 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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