NE Provenance

20 Colonial Road

Salem, MA 01970

Industrial
Owner
NBI...
Owner Type
LLC
Tenure
4 yrs
Assessed
$14,286,300
Built
1955
Sq Ft
145,500
Lot
6.10 ac
Bed/Bath
—/4
Type
Industrial
Elevated Risks21ConditionC1Fire GradeAPermits38Last PermitJul 2025FloodAESurgeCat 3

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20 Colonial Road, Salem, MA 01970— Property Report

Building& Property Details

20 Colonial Road is a Light Manufacturing industrial built in 1955 located in Salem, Essex County, MA. The building has 145,500 square feet of building area on a 6.10-acre lot. The building has 4 bathrooms across 2 stories.

Flood Zone & Natural Hazard Assessment

20 Colonial Road is in FEMA flood zone AE. This is a Special Flood Hazard Area (SFHA) where flood insurance is typically required for federally backed mortgages. The property falls within a Category 3 hurricane storm surge inundation zone based on NOAA SLOSH modeling. 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 50 psf. The EPA radon zone is 1 (highest potential).

Fire Protection

NE Provenance rates the fire protection for 20 Colonial Road at Grade A (Excellent fire protection access). The nearest fire station, SALEM FIRE DEPARTMENT, is 0.5 miles away. This grade reflects fire station proximity, department capabilities, hydrant coverage, and municipal water infrastructure. Properties with Grade A or B typically receive favorable insurance rates due to strong fire protection infrastructure.

Building Permits & Property History

Municipal records show 38 building permits on file for 20 Colonial Road. The most recent permit was filed July 25, 2025. In the past five years, 14 permits have been issued. The current municipal assessment is $14,286,300, with $4,484,000 attributed to land and $9,802,300 to improvements. The property last sold on September 16, 2021 for $49,300,000. The deed history includes 13 recorded conveyances.

Environmental & Land Use

20 Colonial Road is classified as a waterfront property.

SalemNeighborhood & Community

20 Colonial Road is located in Salem, Essex County, MA. The property is zoned I (Industrial). The median home value in this census tract is $505,100. Median household income is $94,461. 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 20 Colonial Road, 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.