Property profile

84 New Salem St Wakefield, MA 01880

OFF-MARKET
Manufacturing properties
Property ID
US38-0777450
12,400 SF 0.46 ac lot Built 1976
Entity Owned 25-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1976
Construction FRAME
Total area 12,400 SF
Lot 0.46 ac (20,151 SF)
Zoning code I
APN WAKE M:000029 B:0132 P:00010A
UPID US38-0777450

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

Location

84 New Salem St Wakefield, MA 01880-1906
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
$1.17M
Blend (final) Blend
$1.00M

Owner & transaction history

since 2000
5 recorded transactions
2017
Price N/A
2003
Price N/A
2000
$320,000
1988
Price N/A
1969
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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