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    Property profile & analytics

    538 Broadway Salem, NH 03079-4438

    • Day care centers
    • 2,140 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    $365,000
    Location Intelligence
    Property ID
    US58-0374552
    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

    • Day care centers

    Property Details for 538 Broadway

    Year built
    1925
    Construction
    FRAME
    Lot size
    0.36 lot acres
    Property size
    2,140 SF
    Zone code
    CIC
    Property type
    Day care centers
    APN
    SLEM M:151 B:8 L:
    APU
    SLEMM151B8L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $320,000

    • CAP approach

      CAP return
      Estimation
      6%
      $480,000
      6.5%
      $430,000
      7%
      $445,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $445,000
      Geo Method
      $475,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $450,000
      Mixed-Use
      $485,000
      Hospitality
      $470,000
      Educational
      $415,000
      Residential Income
      $460,000
      Energy
      $455,000
      Income-Based Land
      $480,000
      Food Service
      $445,000

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.1983
    Latitude
    42.7411
    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
    $10,205
    $578,500
    $23,200
    $601,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      7,200 SF

      393 Main St

      DAY CARE, PRE-SCHOOL • 7,200 SF
      393 Main St, Salem, NH 03079-2449
      View Details
    • Value Estimation by Request
      4,320 SF

      196 Main St

      DAY CARE, PRE-SCHOOL • 4,320 SF
      196 Main St, Salem, NH 03079-3113
      View Details
    • Value Estimation
      $280,000
      1,836 SF

      76 Lawrence Rd

      DAY CARE, PRE-SCHOOL • 1,836 SF
      76 Lawrence Rd, Salem, NH 03079-3241
      View Details
    • Value Estimation
      $255,000
      3,401 SF

      176 Main St

      DAY CARE, PRE-SCHOOL • 3,401 SF
      176 Main St, Salem, NH 03079-3146
      View Details
    • Value Estimation
      $355,000
      4,576 SF

      47 Pelham Rd

      DAY CARE, PRE-SCHOOL • 4,576 SF
      47 Pelham Rd, Salem, NH 03079-2827
      View Details
    • Value Estimation
      $375,000
      2,832 SF

      133 Lowell Rd

      DAY CARE, PRE-SCHOOL • 2,832 SF
      133 Lowell Rd, Salem, NH 03079-4019
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      0.45 Acres

      Salem Office Suite - Main Street

      Move-in ready office suite, prime location.
      289 Main St, Salem, NH 03079
      View Details
    • Contact for pricing
      21,887 SF

      with a longer lease term available. Existing furniture

      fixtures & equipment may be negotiable (a list is forthcoming). Future renovations at the expense of the new tenant and subject to prior approval by the owner\/landlord and Town officials. Uses must be complimentary with existing businesses at Eastpointe Plaza. This information was secured from sources deemed reliable
      130 Main St, Salem, NH 03079
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    • $2,000,000
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      Renovated Office Building in Salem

      Two-story office building with modern renovations and high-end finishes.
      103 Stiles Rd, 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
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    • $3,500,000

      Industrial Building with Highway Access

      Industrial building featuring highway access, municipal utilities, and flexible spaces.
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    Similar Nearby for Lease

    • $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
    • $14 SF/Yr
      1,135 SF

      Salem Office Space For Rent

      1,135+/- sq. ft. office space in Salem, NH.
      89-91 Stiles Rd, 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
    • 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
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    538 Broadway
    Salem, NH 03079-4438
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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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