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Property profile & analytics
OFF-MARKET
Estimated value
$1,535,000
Manufacturing properties
88 Rabbit Rd Salisbury, MA 01952-1312
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-0367966
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1975
Construction
STEEL FRAME
Total area
15,920 SF
Lot
1.96 ac (85,164 SF)
Zoning code
I
APN
SALI M:18 P: 137
UPID
US38-0367966
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.54M
Owner & transaction history
88 Rabbit Road RT · 22 yrs held
88 Rabbit Road RT
since 2003
7 recorded transactions
Zoning & alternative use
I · Salisbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Salisbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salisbury submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,240,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$1.54M
Range $1.38M – $1.69M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$12,611
Tax year 2024
Assessed value
$1,206,800
Assessed 2024
Previous assessed
$1,206,800
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$560,000
Assessed improvement
$646,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Bathrooms
4
Total area
15,920 SF
Lot
1.96 ac (85,164 SF)
Zoning code
I
APN
SALI M:18 P: 137
UPID
US38-0367966
Jurisdiction
SALISBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Salisbury, MA
Zoning I · permitted uses
I · Salisbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salisbury. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE
Est. value
$2.2M
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Bathrooms
4
Lot
1.96 ac
Current owner
From public records · entity-resolved
88 Rabbit Road RT
Individual
Mailing address
88 RABBIT RD, SALISBURY, MA 01952-1312
Ownership since
2003
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2020
—
88 Rabbit Rd RT
—
Deed
related
$230,000 · Eastern Bank
Aug 29, 2013
—
88 Rabbit Road RT
—
Deed Of Trust
related
$440,000 · Georgetown Savings Bank
Aug 5, 2003
$625,000
88 Rabbit Road RT
C C C Rlty Nt
Grant Deed
$492,000 · Citizens Bank
Jul 15, 2002
—
C C C Rnt
—
Deed Of Trust
related
$484,766 · Ocean National Bank
Oct 25, 1999
—
Ccc Rlty Nt
—
Deed Of Trust
related
$250,000 · Ocean National Bank
Mar 4, 1999
—
Ccc Realty Nt
—
Deed Of Trust
related
$100,000 · Ocean National Bank
Nov 18, 1993
—
C C Realty N T C
—
Deed Of Trust
related
$40,000 · Ocean National Bank
Mar 5, 1993
—
C C C Realty Nt
—
Deed Of Trust
related
$123,000 · Northeastern Ma Econo
Jan 20, 1993
$240,000
Ccc Realty Nt
Csb Cambridge Crossing
Grant Deed
$145,000 · Ocean National Bank
Jan 20, 1993
—
C C C Realty Nt
—
Deed Of Trust
related
$116,400 · Ocean National Bank
Oct 29, 1991
$391,697
Csb Cambridge Crossing
Woodgrain Products
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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