Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    531 Broadway Salem, NH 03079-4439

    • Retail properties
    • 2,471 SF
    • 0.50 lot acres
    OFF-MARKET
    Value Estimation
    $820,000
    Last Sale
    Sep 14, 2023
    $1,050,000
    Location Intelligence
    Property ID
    US58-0318917
    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

    • Stateline Paysaver / Beer Store

    Property Details for 531 Broadway

    Year built
    1956
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.50 lot acres
    Property size
    2,471 SF
    Zone code
    CIC
    Property type
    Retail properties
    APN
    SLEM M:151 B:4 L:
    APU
    SLEMM151B4L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,010,000
      6.5%
      $1,120,000
      7%
      $1,030,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $980,000
      Geo Method
      $1,125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $865,000
      Retail
      $1,030,000
      Mixed-Use
      $870,000
      Hospitality
      $1,050,000
      Educational
      $1,010,000
      Residential Income
      $1,055,000
      Energy
      $1,080,000
      Income-Based Land
      $1,055,000
      Food Service
      $1,070,000

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.198
    Latitude
    42.7418
    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
    $12,296
    $603,700
    $121,300
    $725,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      8,628 SF

      2 Range Rd

      DEPARTMENT STORE • 8,628 SF
      2 Range Rd, Salem, NH 03079-2186
      View Details
    • Value Estimation
      $330,000
      3,600 SF

      2 Lawrence Rd

      DEPARTMENT STORE • 3,600 SF
      2 Lawrence Rd, Salem, NH 03079
      View Details
    • Value Estimation
      $1,575,000
      1,655 SF

      335 Broadway

      DEPARTMENT STORE • 1,655 SF
      335 Broadway, Salem, NH 03079-4522
      View Details
    • Value Estimation by Request
      11,247 SF

      354 Broadway

      DEPARTMENT STORE • 11,247 SF
      354 Broadway, Salem, NH 03079-2161
      View Details
    • Value Estimation by Request
      7,248 SF

      357 Broadway

      DEPARTMENT STORE • 7,248 SF
      357 Broadway, Salem, NH 03079
      View Details
    • Value Estimation by Request
      6,300 SF

      301 Broadway

      DEPARTMENT STORE • 6,300 SF
      301 Broadway, Salem, NH 03079-3301
      View Details

    Similar Nearby for Sale

    • $399,999
      3,333 SF

      Prime Salem, NH Business Opportunity

      Established Franchise, High Traffic Location
      450 South Broadway, Salem, NH 03079
      View Details
    • $500,000
      6,000 SF

      6,000 SF Storage Facility

      Contracting company with storage facility for sale.
      115 Main St, Salem, NH 03079
      View Details
    • $650,000
      1,907 SF

      Turn-Key Restaurant & Catering Business

      Established restaurant and catering business with loyal customer base.
      254 N Broadway, Salem, NH 03079
      View Details
    • Contact for pricing
      10,374 SF

      Mixed-Use Commercial Building on Broadway

      10,374 SF mixed-use building on 1.24 acres.
      134 N Broadway, Salem, NH 03079
      View Details
    • $600,000
      4,000 SF

      Office-Warehouse Space For Sale

      Office-warehouse space with loading dock, suitable for various businesses.
      50 Northwestern Dr, Salem, NH 03079
      View Details
    • $650,000

      Commercial Land For Sale

      Commercial land available for sale.
      254 No. Broadway Ave, Salem, NH 03079
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      37,933 SF

      Salem Retail Center Opportunity

      High-traffic Salem, NH shopping center space available.
      125 Broadway, Salem, NH 03079
      View Details
    • $1,400 /Mo
      700 SF

      Retail Space in North Broadway

      700 SF retail space with utilities included in rent.
      224 North Broadway, Salem, NH 03079
      View Details
    • $1,800 /Mo
      950 SF

      Route 28 Retail/Office Space

      950+/- sq ft retail/office space on Route 28.
      227 N Broadway, Salem, NH 03079
      View Details
    • $25 SF/Yr
      1,600 SF

      Retail Space with Modern Design

      Contemporary retail space with open layout and high visibility.
      240 N Broadway, Salem, NH 03079
      View Details
    • $950 /Mo
      850 SF

      Retail-Office Unit For Lease

      850+/- sq. ft. retail-office unit for lease.
      341 S Broadway, Salem, NH 03079
      View Details
    • $15 SF/Yr
      2,880 SF

      Retail Space in Eastpointe Plaza

      2,880 sq ft salon/spa space for rent.
      130 Main St, Salem, NH 03079
      View Details

    Property Visit Statistics

    • Visits by month
      6.5k
    • Visitors by month
      5.5k
    • Avg Time on site
      16 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    531 Broadway
    Salem, NH 03079-4439
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.