Property profile

67 Derby St Salem, MA 01970

OFF-MARKET
Industrial land
Property ID
US38-2199954
42.3 ac lot
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 42.3 ac (1,842,588 SF)
Zoning code I
APN SALE M:41 L:0339
UPID US38-2199954

Cap rate & NOI

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

Location

67 Derby St Salem, MA 01970-5614
Salem metro Census 204400 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$30.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$30.00M

Owner & transaction history

since 2025
Last sale
$30.0M
6 recorded transactions
2025
Price N/A
2024
Price N/A
2024
$30.0M
2022
$30.0M
2017
Price N/A
1969
Price N/A

Zoning & alternative use

I · Salem, MA
Zoning description

The Intent of this To promote Industrial Uses

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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