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Property profile & analytics
OFF-MARKET Estimated value $8,045,000
Manufacturing properties

4 Technology Way Salem, MA 01970-7002

81,244 SF 4.75 ac lot Built 2012
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-1251120
Property summary
AI-generated overview

This exceptional 86,000-square-foot industrial property, located at 4 Technology Way in Salem, Massachusetts, presents a unique investment opportunity. Situated on a generous 4.75-acre lot in Essex County, the property boasts a flexible layout ideal for research and development or other industrial uses. Currently, 15,000 square feet of space is available for lease within this single-tenant building. The building features impressive ceiling heights ranging from 11 feet 6 inches to 13 feet, providing ample vertical space for various operational needs. Ample parking is available with 100 spaces, providing a ratio of 1.66 spaces per 1,000 square feet. The property is equipped with robust power capabilities, including 1800 amps at 480 volts, 3-phase, 3-wire service. Its location in Salem, MA, zip code 01970, offers convenient access to major transportation routes and a skilled workforce. This property is perfect for a company seeking a modern, well-equipped industrial space with significant expansion potential. The existing infrastructure and substantial lot size allow for future development or modifications to suit specific business requirements. This is a rare opportunity to acquire a high-quality industrial property in a desirable location. Contact us today to learn more about this exceptional offering.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2012
Construction STEEL FRAME
Total area 81,244 SF
Lot 4.75 ac (206,910 SF)
Zoning code BPD
APN SALE M:07 L:0087
UPID US38-1251120
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
  • Commonwealth Diagnostics International, Inc. Laboratory Diagnostic Center
  • USBCapital Corporate Office
  • Genoskin Inc (USA) Research Institute
  • iHisto INC Laboratory
  • Diagnostics For All Laboratory
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$9.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.16M
Blend (final) Blend
$8.05M
Owner & transaction history
Valmiki LLC · 3 yrs held
Valmiki LLC
since 2022
Last sale
$7.7M
4 recorded transactions
2026
Price N/A
2024
Price N/A
2022
$7.7M
1969
Price N/A
Zoning & alternative use
BPD · Salem, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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