55 Lafayette Rd Salisbury, MA 01952
Estimated payment $3,965/month
About This Lot
This premier commercial land offering along Lafayette Road in Salisbury provides developers with a rare opportunity to secure high-visibility frontage within one of the North Shore’s most active commercial corridors. Benefiting from strong daily traffic counts, immediate access to Interstate 95, and proximity to the New Hampshire border, the site captures both local and regional demand drivers. Surrounded by established businesses and growing residential neighborhoods, the parcel is ideally suited for retail, office, mixed-use, or service-oriented development (subject to local zoning and approvals). In a supply-constrained coastal market where entitled, high-exposure sites are increasingly limited, this property offers developers multiple pathways to value creation — including build-to-suit, merchant development, long-term hold, or portfolio expansion — anchored by location strength, visibility, and accessibility.
Property Details
Property Type
- Land
Est. Annual Taxes
- $4,501
Lot Details
- 1.48 Acre Lot
- Property is zoned LM-D
Utilities
- Electricity To Lot Line
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number M:17 P: 59,2145675
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,501 | $446,500 | $181,400 | $265,100 |
| 2024 | $4,545 | $434,900 | $181,400 | $253,500 |
| 2023 | $4,841 | $408,800 | $181,400 | $227,400 |
| 2022 | $4,993 | $391,400 | $164,000 | $227,400 |
| 2021 | $5,047 | $357,600 | $164,000 | $193,600 |
| 2020 | $3,805 | $332,000 | $164,000 | $168,000 |
| 2019 | $4,927 | $317,100 | $160,400 | $156,700 |
| 2018 | $4,513 | $310,500 | $153,800 | $156,700 |
| 2017 | $4,567 | $289,300 | $138,600 | $150,700 |
| 2016 | $3,388 | $290,300 | $134,200 | $156,100 |
| 2015 | $3,243 | $276,000 | $124,800 | $151,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | For Sale | $699,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | -- | |
| Not Resolvable | $380,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $323,000 | Commercial |
Source: MLS Property Information Network (MLS PIN)
MLS Number: 73480964
APN: SALI-000017-000000-000192
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