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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Office buildings
92 Jackson St Salem, MA 01970-3068
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US38-1555974
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1890
Construction
FRAME
Total area
9,200 SF
Lot
0.19 ac (8,102 SF)
Zoning code
B4
APN
SALE M:25 L:0392
UPID
US38-1555974
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
Current use
Occupant on record · Public records
-
Massage by Marcel / Marcel D'Anjou, LMT Alternative Medicine Practice Spa & Massage Center
-
Kneaded Relief, Therapeutic Massage Alternative Medicine Practice Spa & Massage Center
-
WITCH CITY TAXI Courier Service
-
C-Zone Entertainment Nightclub Music Venue
-
Marmion Law Office Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$1.17M
Owner & transaction history
Cmc RT · 7 yrs held
Cmc RT
since 2018
7 recorded transactions
Zoning & alternative use
B4 · Salem, 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 Salem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Salem 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
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±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
$127 / 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
$18,762
Tax year 2024
Assessed value
$792,000
Assessed 2024
Previous assessed
$792,000
+0.0% YoY
Effective rate
2.37%
On assessed value
Assessed land
$318,500
Assessed improvement
$473,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
6
Total area
9,200 SF
Lot
0.19 ac (8,102 SF)
Zoning code
B4
APN
SALE M:25 L:0392
UPID
US38-1555974
Jurisdiction
SALEM
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
B4 · Salem, MA
Zoning B4 · permitted uses
B4 · Salem, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Salem. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1890
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
6
Lot
0.19 ac
Current owner
From public records · entity-resolved
Cmc RT
Individual
Mailing address
235 NEWBURY ST, DANVERS, MA 01923-1761
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 28, 2018
$720,000
Cmc RT
First Jackson Realty L
Quit Claim Arm's Length For Ne States
$540,000 · Td Bank NA
May 23, 2005
$1
First Jackson Rlty LLC
First Jackson RT
Grant Deed
—
May 23, 2005
—
First Jackson Rlty LLC
—
Deed Of Trust
related
$360,000 · Heritage Cp Bank
Mar 6, 2003
—
Jackson RT First
—
Deed Of Trust
related
$75,000 · Salem Five Cents Savings Bank
Aug 2, 2002
—
Jackson RT
—
Deed Of Trust
related
$332,000 · Salem Five Cents Savings Bank
Aug 19, 1999
—
Jackson RT First
—
Deed Of Trust
related
$341,000 · Salem Five Cents Savings Bank
Nov 1, 1996
—
Jackson RT First
—
Deed Of Trust
related
$75,000 · Salem Five Cents Savings Bank
Nov 1, 1995
$120,000
Jackson RT First
Salem Five Cts Sb
Grant Deed
related
$250,000 · Salem Five Cents Savings Bank
Nov 1, 1995
—
Jackson RT First
—
Deed Of Trust
related
$50,000 · Salem Five Cents Savings Bank
Jun 30, 1993
$276,107
St R T Jackson
Salem 5c S B
Grant Deed
$366,723 · Salem Five Cents Savings Bank
Jul 30, 1992
$250,000
Salem 5c Sb
Fitness T
Grant Deed
—
Nov 12, 1987
—
Fitness Trust
—
Deed Of Trust
related
$25,450 · Salem Five Cents Savings Bank
Sep 3, 1987
$150,000
Steve Pizzo
Shaw,mark
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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