Property profile

66 New Salem St Wakefield, MA 01880

OFF-MARKET
Industrial properties
Property ID
US38-1437670
15,844 SF 4.02 ac lot Built 1986
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1986
Construction STEEL FRAME
Total area 15,844 SF
Lot 4.02 ac (175,111 SF)
Zoning code I
APN WAKE M:000016 B:291A P:0177A+
UPID US38-1437670

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

66 New Salem St Wakefield, MA 01880-1979
Wakefield metro Census 335302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$977k
Blend (final) Blend
$1.56M

Owner & transaction history

since 2023
1 recorded transaction
2023
Price N/A

Zoning & alternative use

I · Wakefield, MA
Zoning description

I. Accessory industrial retail. The finished products of an industrial establishment may be sold in the enclosed premises at retail, provided that: (1) The floor area devoted to such retail does not exceed 10% of the tot…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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