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    FOR SALE
    Industrial properties

    90 Lafayette Rd, Salisbury, MA 01952

    7,396 SF 0.68 ac lot Built 1950
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US38-1726786
    Property summary
    AI-generated overview

    This exceptional Salisbury, MA commercial property, located at 90 Lafayette, presents a unique investment opportunity. The 0.68-acre lot houses a licensed automotive service and sales operation, complete with four 12-foot overhead doors, three lifts, and existing furniture, fixtures, and equipment (FFE) ready for a high-volume business. The property boasts approximately 3,500 square feet of unutilized space, offering significant value-added retail potential. A permitted sign at the main entrance on Route 1 northbound ensures high visibility for any business. Benefit from the high daily traffic count of 10,000+ vehicles. The property features separate utility meters for efficient cost management, and is serviced by town water and sewer, gas, and three-phase electric. Two tenants are currently in place, generating an 8.5% cap rate. This turnkey operation offers immediate income and significant upside potential for expansion and diversification. The property's strategic location and existing infrastructure make it an ideal investment for both established businesses and savvy entrepreneurs seeking a high-return opportunity in a thriving market. Don't miss this chance to acquire a well-established and versatile commercial property with substantial growth potential.

    Property profile
    Verified
    Property type Industrial properties
    Use group MIXED USE (COMMERCIAL/INDUSTRIAL)
    Year built 1950
    Construction CONCRETE
    Total area 7,396 SF
    Lot 0.68 ac (29,503 SF)
    Zoning code LM
    APN SALI M:22 P: 123
    UPID US38-1726786
    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
    $635k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $848k
    Blend (final) Blend
    $625k
    Owner & transaction history
    Rob Roy LLC · 4 yrs held
    Rob Roy LLC
    since 2021
    Last sale
    $500,000
    1 recorded transaction
    2021
    $500,000
    Zoning & alternative use
    LM · Salisbury, MA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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