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Financial
Distress signals
Property profile

939 Salem St 5 Groveland, MA 01834

FOR SALE
Other commercial real estate
Property ID
US38-0212187
951 SF Built 2001
Last sale Feb 2010 · $1
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This well-maintained commercial condominium is located at 939 Salem St, Unit 5, in Groveland, Massachusetts, on Route 97. The unit contains approximately 951 square feet of open-concept space on the first floor, with an additional approximately 650 square feet of attic storage. The layout is suitable for either retail storefront use or a professional office configuration and includes a private restroom, central heating and air conditioning, and access to ample on-site parking. The condominium is one of nine units within a plaza and is governed by a self-managed association.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$3k
Tax billed · 2024
Assessed value$185k
Assessed improvement$185k
Effective rate1.35%

Value estimate

· Oct 2026
$355k
$320k – $391k
AI approach$355k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$845
Operating expenses−$11k
NOI · 11.69% cap applied$26k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$199/SF
County average, outlier-cleaned · 725 recorded sales of this use type
Observed band · Q1–Q3$114 – $316
Qualifying comparables11

Cap rate analysis

How does the asset earn?
11.69%
$26k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B
t (R-2). The Residential District R-2 is all areas of Town not described by other districts. C. Residential District (R-3). All of the la...
General categoryCOMMERCIAL
JurisdictionGROVELAND

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency15.6
Restaurant13.9
Law Firm12.0

Location

939 Salem St, Unit 5 Groveland, MA 01834
County assessor Recorded deeds · 3 transfers 11 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
299-301 Main, Groveland, MA 01834 $370,000 Dec 2019 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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