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Property profile & analytics
OFF-MARKET Estimated value $1,600,000
Retail space

46 Toll Rd Salisbury, MA 01952-1458

8,262 SF 1.31 ac lot Built 2003
Entity Owned 19-yr Hold Free & Clear
Property ID
US38-1533444
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2003
Construction FRAME
Total area 8,262 SF
Lot 1.31 ac (57,051 SF)
Zoning code LM-A
APN SALI M:19 P: 224
UPID US38-1533444
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.09M
Comparable Approach Comparable
$1.15M
Blend (final) Blend
$1.60M
Owner & transaction history
Aj Johnson Ft Rlty LLC · 19 yrs held
Aj Johnson Ft Rlty LLC
since 2006
3 recorded transactions
2020
Price N/A
2006
$1
1989
Price N/A
Zoning & alternative use
LM-A · Salisbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units) $2.6M +43.8%
Office building $2.1M +15.6%
Auto repair, garage $2.0M +7.7%
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