About this home
Exceptional development opportunity on Salisbury’s revitalized Route 1 corridor! This 1.48-acre parcel offers outstanding frontage, high visibility, and convenient access to I-95, Route 110, and the New Hampshire border. Preliminary civil engineering, including wetlands delineation, indicates the potential for up to six residential units, subject to all municipal, state, and regulatory approvals. Additional Preliminary due diligence materials available upon request . Salisbury’s ongoing $18+ million Route 1 improvement project includes reconstructed roadways, upgraded utilities, new sidewalks, shared-use bike and walking paths, roundabouts, and traffic flow enhancements, further strengthening this premier location. Ideal for builders, developers, investors, or owner-users seeking a high-exposure property with exceptional long-term redevelopment potential. Buyer to perform all due diligence.AI generated Renderings are for Illustrative purposes only and are based on the civil engineering concepts .
Listing last checked: Listing updated:
Listed by Revelution Group · eXp Realty LLC - Corporate Office · MLS #73553025
Request property information
Select a document to start a request. You can add others in the form. Availability varies.
Details at a glance
Interior1 property facts
- Basement
- Not reported
Building1 property facts
- Style
- Other
Land & utilities5 property facts
- Lot size
- 1.48 acres
- Water
- Public
- Sewer
- Public Sewer
- Pool
- Not reported
- Zoning
- LM-D
Financial2 property facts
- Annual taxes
- $4,757
- Assessment year
- 2026
Location
Estimated monthly cost
Explore costs at the $599,900 asking price. Adjust the assumptions to your situation.
Known monthly costs$3,430 / monthAdjust
- Principal & interest
- $3,033
- Property tax
- $396
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $4,757. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Exp
$599,000 · Feb 27, 2026
- Exp
$599,000 · Feb 27, 2026
- Exp
$599,000 · Oct 31, 2025
- Exp
$699,000 · Apr 23, 2025
More property insights
Automated value estimate $600,700
Estimated range $494,204–$707,196.
Automated estimates are not appraisals or guarantees of market value.
Request a professional market analysisPhoto-based condition insights
Overall presentation: below average
Explore more of Salisbury
Continue your search in Salisbury.
Need help making sense of this home?
About 55 Lafayette Rd
Can I request a private showing?
Request a tour of 55 Lafayette Rd and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.