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    Property profile & analytics

    481 Broadway Salem, NH 03079-4305

    • Turn key restaurants
    • 2,882 SF
    • 0.74 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 15, 2025
    $1,525,000
    Location Intelligence
    Property ID
    US58-0189970
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Popeyes Louisiana Kitchen / Chicken Restaurant / Cajun Restaurant

    Property Details for 481 Broadway

    Year built
    1990
    Construction
    FRAME
    Lot size
    0.74 lot acres
    Property size
    2,882 SF
    Zone code
    CIC
    Property type
    Turn key restaurants
    APN
    SLEM M:151 B:127 L:
    APU
    SLEMM151B127L

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.2004
    Latitude
    42.7449
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $19,675
    $735,600
    $424,500
    $1,160,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      43 Pelham Rd

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      396 Broadway

      RESTAURANT • 3,240 SF
      396 Broadway, Salem, NH 03079-4310
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      4,256 SF

      1 Artisan Dr

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      2,912 SF

      322 Broadway

      RESTAURANT • 2,912 SF
      322 Broadway, Salem, NH 03079-4526
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      5,592 SF

      311 Broadway

      RESTAURANT • 5,592 SF
      311 Broadway, Salem, NH 03079-4522
      View Details

    Similar Nearby for Sale

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      Turn-Key Restaurant & Catering Business

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      0.45 Acres

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    Similar Nearby for Lease

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      Salem Retail Center Opportunity

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      Retail Space with Modern Design

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    Property Visit Statistics

    • Visits by month
      12.8k
    • Visitors by month
      10.6k
    • Avg Time on site
      16 min
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    481 Broadway
    Salem, NH 03079-4305
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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