NE Provenance

1 Technology Way

Salem, MA 01970

Industrial
Owner
1 T...
Owner Type
Trust
Tenure
1 yr
Assessed
$5,275,400
Built
1996
Sq Ft
84,814
Lot
4.08 ac
Bed/Bath
—/10
Type
Industrial
Elevated Risks17ConditionC1Fire GradeDPermits35Last PermitJun 2025FloodX

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1 Technology Way, Salem, MA 01970— Property Report

Building& Property Details

1 Technology Way is a Manufacturing industrial built in 1996 located in Salem, Essex County, MA. The building has 84,814 square feet of building area on a 4.08-acre lot. The building has 10 bathrooms across 1 story.

Flood Zone & Natural Hazard Assessment

1 Technology Way is in FEMA flood zone X. Zone X is outside the Special Flood Hazard Area, meaning the property has minimal flood risk according to FEMA mapping. The FEMA National Risk Index composite rating for this area is Relatively Moderate. The ASCE 7-22 design wind speed for this location is 123 mph. The ground snow load is 40 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 1 Technology Way at Grade D (Limited fire protection access). The nearest fire station, SWAMPSCOTT FIRE DEPARTMENT, is 1.7 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade D or E may face higher insurance premiums due to limited fire protection resources.

Building Permits & Property History

Municipal records show 35 building permits on file for 1 Technology Way. The most recent permit was filed June 11, 2025. In the past five years, 10 permits have been issued. The current municipal assessment is $5,275,400, with $1,375,900 attributed to land and $3,899,500 to improvements. The property last sold on February 6, 2025 for $10,125,000.

Environmental & Land Use

1 Technology Way is classified as a waterfront property.

SalemNeighborhood & Community

1 Technology Way is located in Salem, Essex County, MA. The property is zoned BPD (Business Park Development). The median home value in this census tract is $505,100. Median household income is $85,656. The owner-occupancy rate in the surrounding area is 48%. The property is served by the Salem school district.

Full Property Intelligence Report

The complete NE Provenance report for 1 Technology Way, Salem, MA includes over 430 data attributes sourced from 140+ public and proprietary datasets. The full report covers building construction and materials, NEP Condition Estimate derived from permit history, system ages for roof, electrical, plumbing, and HVAC, complete ownership and deed chain with transaction classification, FEMA flood and coastal hazard analysis, environmental contamination screening, and neighborhood demographics. Available as a professional property wallet, PDF report, or structured data export.