Technical
Financial
Distress signals
Property profile

4 Technology Way Salem, MA 01970

OFF-MARKET
Manufacturing properties
Property ID
US38-1251120
81,244 SF 4.75 ac lot Built 2012
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

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

Current use

Occupant on record · Public records
  • Laboratory Diagnostic Center
  • Corporate Office
  • Research Institute
  • Laboratory
  • Laboratory

Location

4 Technology Way Salem, MA 01970-7002
Salem metro Census 204701 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.14M
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.16M
Blend (final) Blend
$8.62M

Owner & transaction history

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
Zoning description

The Intent of this To promote Business Park Development Uses

General category COMMERCIAL

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 4 Technology Way?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message