46 Toll Rd, Salisbury, MA 01952-1458
- Retail space
- 8,262 SF
- 1.31 lot acres
Current Use by Public Records
- Retail space
Property Details for 46 Toll Rd
- Year built
- 2003
- Construction
- FRAME
- Lot size
- 1.31 lot acres
- Zone code
- LM-A
- Property type
- Retail space
- APN
- SALI M:19 P: 224
- APU
- SALIM19P224
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 31, 2020 | — | Cafua RT 131 LLC | — | Deed · related | $1.8M · Td Bank NA |
| Dec 4, 2006 | $1 | Aj Johnson Ft Rlty LLC | A J Johnson Nt | Grant Deed | — |
| Jan 23, 1989 | — | Jack R Holley | — | Deed Of Trust · related | $51k · Family Mutual Savings Bank |
Description
This exceptional Salisbury, MA property, located at 46 Toll Road, offers two available commercial spaces ideal for medical offices. Units B and C, each boasting generous square footage (ranging from 2,538 to 2,592 square feet), are situated on the ground floor for convenient access. Both units are fully handicap accessible, ensuring compliance with ADA regulations and providing inclusivity for all patients and staff. Ample parking is available on-site, providing convenience for clients and employees. The building enjoys a high-traffic location, benefiting from its proximity to I-95 Exit 90 and its strategic placement at the intersection of Main Street, next to a Dunkin' Donuts. This prime location ensures excellent visibility and significant foot traffic, creating exceptional opportunities for signage and marketing. The flexible space is suitable for a variety of medical practices, offering a blend of accessibility, visibility, and convenience. The property is classified as both retail and office, allowing for diverse business applications. This presents a rare opportunity to establish or expand a medical practice in a thriving, high-visibility location. The property's zoning and permitted uses should be independently verified.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,260,000
- 6.5%
- $2,090,000
- 7%
- $1,940,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,152,000
Market price range: $382k - $1.15M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $1,835,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $2,640,000 Change: +44% Conversion: Difficult
- OFFICE BUILDING
- $2,125,000 Change: +16% Conversion: Easy
- AUTO REPAIR, GARAGE
- $1,980,000 Change: +8% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Salisbury
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.8818
- Latitude
- 42.8694
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
