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    Property profile & analytics

    57th Grv St Salem, MA 01970-2248

    • Industrial land
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1765223
    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

    • Industrial land

    Property Details for 57th Grv St

    Lot size
    0.11 lot acres
    Zone code
    BP
    Property type
    Industrial land
    APN
    SALE M:16 L:0369
    APU
    SALEM16L0369

    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
    Essex
    State
    Massachusetts
    Longitude
    -70.9096
    Latitude
    42.5217
    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
    2024
    $1,571
    $66,300
    $0.00
    $66,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.00 Acres

      21st Swampscott Rd

      INDUSTRIAL - VACANT LAND • 3.00 Acres
      21st Swampscott Rd, Salem, MA 01970-1727
      View Details
    • Value Estimation by Request
      4.56 Acres

      25 Colonial Rd

      INDUSTRIAL - VACANT LAND • 4.56 Acres
      25 Colonial Rd, Salem, MA 01970-2906
      View Details
    • Value Estimation by Request
      42.30 Acres

      67 Derby St

      INDUSTRIAL - VACANT LAND • 42.30 Acres
      67 Derby St, Salem, MA 01970-5614
      View Details
    • Value Estimation by Request
      1.75 Acres

      22 Broadway

      INDUSTRIAL - VACANT LAND • 1.75 Acres
      22 Broadway, Salem, MA 01970-2922
      View Details
    • Value Estimation by Request
      0.19 Acres

      7 Greenledge St

      INDUSTRIAL - VACANT LAND • 0.19 Acres
      7 Greenledge St, Salem, MA 01970-1827
      View Details
    • Value Estimation by Request
      12.34 Acres

      6 Technology Way

      INDUSTRIAL - VACANT LAND • 12.34 Acres
      6 Technology Way, Salem, MA 01970-7002
      View Details

    Similar Nearby for Sale

    • Contact for pricing

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      384,000 SF

      Salem Office Space Available

      Office space for sale in Salem, Massachusetts, available immediately.
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      Renovated Salem Triplex Near Downtown

      Turn-key, renovated triplex near downtown Salem and the beach.
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    Similar Nearby for Lease

    • $20 SF/Yr
      86,000 SF

      Salem Industrial Flex Space

      86,000 SF Flex/R&D Space Available
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    • $16 SF/Yr
      8,000 SF

      Flex Space at Enterprise Center

      Flex commercial space suitable for office, assembly, receiving, and distribution.
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    • Contact for pricing

      Retail Space in Vinnin Square

      Retail space with excellent parking and visibility in Salem.
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    • $600 /Mo

      Convenient Garage Parking For Rent

      Two-car garage parking near Washington St and New Derby St.
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    • $27 SF/Yr
      1,106 SF

      Salem Train Station Storefront

      Freestanding Commercial Space, High Traffic
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      Luxury Salon Space in Salem

      Fully furnished salon space with photography set available for rent.
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    57th Grv St
    Salem, MA 01970-2248
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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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