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Property profile & analytics
OFF-MARKET
Estimated value
$7,070,000
Industrial properties
5 Industrial Way Salem, NH 03079-4866
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US58-0707990
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
72,868 SF
Lot
6.58 ac (286,625 SF)
Zoning code
IND
APN
SLEM M:96 B:7492 L:
UPID
US58-0707990
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
-
Scott Electronics Inc. Electronics & Wireless Store
-
CTM Group, Inc. Production Facility
-
Tetra Tech Environmental Consultant Engineering Consultant
-
Gravity Metric Tech Support Center (Bike/Boat/Book/etc) Store
-
SOSSEC Inc. Research And Product Development
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.94M
Comparable Approach
Comparable
$8.88M
Blend (final)
Blend
$7.07M
Owner & transaction history
Metz Realty INC · 7 yrs held
Metz Realty INC
since 2019
5 recorded transactions
Zoning & alternative use
IND · Salem, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$7,510,000
6.5%
$6,935,000
7%
$6,440,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,220,000
Current use
Blend value · Realmo final
$7.07M
Range $6.36M – $7.78M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$97 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$110,538
Tax year 2023
Assessed value
$6,517,600
Assessed 2023
Previous assessed
$6,517,600
+0.0% YoY
Effective rate
1.70%
On assessed value
Assessed land
$1,518,700
Assessed improvement
$4,998,900
Applied tax rate
66,660.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Total area
72,868 SF
Lot
6.58 ac (286,625 SF)
Zoning code
IND
APN
SLEM M:96 B:7492 L:
UPID
US58-0707990
Jurisdiction
SALEM TOWN
Metro division
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH METROPOLITAN DIVISION
Zoning & alternative use
IND · Salem, NH
Zoning IND · permitted uses
IND · Salem, NH
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$9.2M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Lot
6.58 ac
Current owner
From public records · entity-resolved
Metz Realty INC
Entity
Mailing address
5 INDUSTRIAL WAY, SALEM, NH 03079-4866
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2019
—
Metz Realty INC
—
Deed
related
$4,425,000 · Salem Five Cents Svgs Bk
Jan 3, 2019
—
Metz Realty INC
Van-clay Investments II LLC
Grant Deed
related
$1,278,716 · Salem Five Cents Svgs Bk
Apr 9, 2012
—
Van Clay Investments LLC
—
Deed Of Trust
related
$750,000 · Hampshire First Bank
Apr 12, 2004
$2,625,000
Van Clay Invsts II LLC
Traffie,alvan A
Warranty Deed
related
$2,100,000 · Granite Savings Bank
—
—
Metz Realty INC
—
Deed Of Trust
related
$4,425,000 · Salem Five Cents Svgs Bk
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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