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1 Jefferson Ave 15,000 SF 100% Leased Industrial Building Salem, MA 01970 $5,900,000 ($393.33/SF) 5% Cap Rate

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Executive Summary

Prime location, Flex Bay Industrial, New Building, Fully occupied.

Financial Summary (Actual - 2025) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$99,999	$9.99
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	-
Annual Per SF	-

Vacancy Loss
Annual	-
Annual Per SF	-

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	$5,900,000	Rentable Building Area	15,000 SF
Price Per SF	$393.33	No. Stories	2
Sale Type	Investment	Year Built/Renovated	1930/2020
Cap Rate	5%	Parking Ratio	1/1,000 SF
Property Type	Industrial	Clear Ceiling Height	25’
Property Subtype	Warehouse Flex Light Manufacturing OfficeLoft Creative Space Industrial Service	No. Drive In / Grade-Level Doors	8
Building Class	B	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	1.00 AC
Zoning	I - Industrial

Price	$5,900,000
Price Per SF	$393.33
Sale Type	Investment
Cap Rate	5%
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing OfficeLoft Creative Space Industrial Service
Building Class	B
Lot Size	1.00 AC
Rentable Building Area	15,000 SF
No. Stories	2
Year Built/Renovated	1930/2020
Parking Ratio	1/1,000 SF
Clear Ceiling Height	25’
No. Drive In / Grade-Level Doors	8
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I - Industrial

24 Hour Access
Commuter Rail

Floor Drains
Front Loading

Property Manager on Site

Signage

Lighting
Gas - Natural
Water - City
Sewer - City
Heating - Gas

1 1

Aerial
Map

1 Jefferson Ave, Salem, MA - Aerial map view

Moderately walkable

70/100

Exceptionally drivable

100/100

Some public transit

50/100

Moderately bikeable

60/100

Source: Local Logic^®

Property Taxes

Parcel Number	SALE-000025-000000-000649	Total Assessment	$820,700
Land Assessment	$560,400	Annual Taxes	($1) ($0.00/SF)
Improvements Assessment	$260,300	Tax Year	2025