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    Keller Williams Realty Evolution

    500 Cummings Center, Suite 1550, Beverly, MA 01915
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    Property Types

    • Residential Multi Family
    • Land
    • Commercial Sale
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    Listings

    For Sale (24)

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    Renovated Multi-Family Brick Building
    $1,650,000
    1,839 SF

    Renovated Multi-Family Brick Building

    Turn-key, renovated 3-family building near public transportation and universities.

    23 Warwick St, Boston, MA 02120
    View details
    Salisbury Land Near Beach
    $329,900
    0.07 Acres

    Salisbury Land Near Beach

    Land with approved plans for a 7-bedroom home near beach.

    114 Railroad Ave, Salisbury, MA 01952
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    Wooded Lots Near Salisbury Beach
    $250,000
    3.78 Acres

    Wooded Lots Near Salisbury Beach

    Two wooded lots, perc test complete, near Salisbury Beach.

    64 Seabrook Rd, Salisbury, MA 01952
    View details
    Mixed-Use Building in Lawrence, MA
    $1,250,000
    4,828 SF

    Mixed-Use Building in Lawrence, MA

    Three-story mixed-use building with commercial and residential units.

    324-326 Broadway, Lawrence, MA 01841
    View details
    Dorchester Triplex Near Fields Corner
    $1,350,000
    4,272 SF

    Dorchester Triplex Near Fields Corner

    Renovated triple decker with strong rent roll near T stop.

    20 Corona St, Boston, MA 02124
    View details
    Peabody Duplex For Sale
    $499,900
    2,759 SF

    Peabody Duplex For Sale

    Two-family duplex on 0.26 acres, ideal for rehab/development.

    18-20 Pleasant St, Peabody, MA 01960
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    Residential Land in Topsfield, MA
    $684,900
    0.96 Acres

    Residential Land in Topsfield, MA

    Build-ready lot in a convenient cul-de-sac subdivision.

    4 Ruby Cir, Topsfield, MA 01983
    View details
    Turnkey Plum Island Dream Home
    $1,780,000
    2,246 SF

    Turnkey Plum Island Dream Home

    Renovated Plum Island home with ocean views and rental potential.

    49 Northern Blvd, Newbury, MA 01951
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    Waterfront Land in West Newbury
    $500,000
    1.39 Acres

    Waterfront Land in West Newbury

    1.39-acre waterfront parcel to build your dream home.

    591 Main St, West Newbury, MA 01985
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    Newbury Land: Build Opportunity
    $750,000
    5.34 Acres

    Newbury Land: Build Opportunity

    5+ acre land parcel in Newbury, MA for development.

    18 Forest St, Newbury, MA 01922
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    Residential Lot in East Boxford
    $470,000
    6.27 Acres

    Residential Lot in East Boxford

    6.27 acre residential lot with approved septic plans.

    20-B Wildmeadow Rd, Boxford, MA 01921
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    Well-Maintained Three-Family Property
    $399,900
    2,271 SF

    Well-Maintained Three-Family Property

    Three-unit property in Spencer, MA, ideal for investment or owner-occupancy.

    52 Church St, Spencer, MA 01562
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    Mixed-Use Property in Haverhill, MA
    $525,000
    1,620 SF

    Mixed-Use Property in Haverhill, MA

    Mixed-use property with retail/office space and residential unit.

    219 River St, Haverhill, MA 01832
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    Turnkey Multifamily Asset in Newburyport
    $3,600,000
    5,527 SF

    Turnkey Multifamily Asset in Newburyport

    Modern, renovated multifamily property in downtown Newburyport near amenities.

    11 Charter St, Newburyport, MA 01950
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    Three-Family Home Near Business District
    $744,900
    3,207 SF

    Three-Family Home Near Business District

    Three-unit property in walkable neighborhood near Fall River's amenities.

    464 Birch St, Fall River, MA 02724
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    Haverhill Land with Lake Views
    $475,000
    3.97 Acres

    Haverhill Land with Lake Views

    Four acres of land with Kenoza Lake and Snow's Brook views.

    90 Amesbury Rd, Haverhill, MA 01830
    View details
    Revere Multi-Family Home
    $699,999
    2,214 SF

    Revere Multi-Family Home

    Split-level two-family home near Revere Beach and Boston.

    30 Folsom St, Revere, MA 02151
    View details
    Haverhill Multi-Family with River Views
    $775,000
    2,232 SF

    Haverhill Multi-Family with River Views

    Charming 3-family with water views, updated units, and strong income.

    143-145 S Elm St, Haverhill, MA 01835
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    Revere Multi-Family Home with Views
    $890,000
    2,172 SF

    Revere Multi-Family Home with Views

    Well-maintained multi-family home near Revere Beach with investment potential.

    14 Bay Rd, Revere, MA 02151
    View details
    Gloucester Three-Family Investment Opportunity
    $839,000
    2,596 SF

    Gloucester Three-Family Investment Opportunity

    Three-unit property in Gloucester near transportation and amenities.

    9 Cleveland Pl, Gloucester, MA 01930
    View details
    Somerville Multifamily Near Tufts University
    $1,450,000
    3,269 SF

    Somerville Multifamily Near Tufts University

    Well-maintained 2-family property near Tufts, ideal for investors.

    183 Powder House Blvd, Somerville, MA 02144
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    Medical/Office Building on Nine Mile
    $995,000
    4,380 SF

    Medical/Office Building on Nine Mile

    Stand-alone medical/office building ready for immediate occupancy.

    1421 East Nine Mile Rd, Pensacola, FL 32514
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    Grocery Restaurant in High-Traffic Location
    $165,000

    Grocery Restaurant in High-Traffic Location

    Fully operational Spanish restaurant and grocery store for sale.

    205 South Union St, Lawrence, MA 01843
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    Mixed-Use Property with Income Potential
    $525,000
    1,620 SF

    Mixed-Use Property with Income Potential

    Mixed-use property featuring commercial and residential units with income potential.

    219 River St, Haverhill, MA 01832
    View details

    For Lease (15)

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    Seabrook Commercial Space Available
    Contact for pricing
    3,500 SF

    Seabrook Commercial Space Available

    6,000 SF commercial space for lease in Seabrook, NH.

    896 Lafayette Rd, Seabrook, NH 03874
    View details
    Seabrook Commercial Space For Lease
    Contact for pricing
    836,352 SF

    Seabrook Commercial Space For Lease

    Freestanding warehouse/manufacturing building with retail presence on busy retail corridor.

    894 Lafayette Rd, Seabrook, NH 03874
    View details
    Beverly Office Space For Lease
    $1,625 / Mo

    Beverly Office Space For Lease

    Office space in a busy plaza, available for lease.

    79 Bridge St, Beverly, MA 01915
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    Seabrook Office Space For Lease
    Contact for pricing

    Seabrook Office Space For Lease

    Unique office leasing opportunity on high-traffic Route 1 in Seabrook.

    920 Lafayette Rd, Seabrook, NH 03874
    View details
    Seabrook Commercial Space For Lease
    Contact for pricing

    Seabrook Commercial Space For Lease

    1,500 SF warehouse and office space near RT 95.

    95 Ledge Blvd, Seabrook, NH 03874
    View details
    Seabrook Warehouse/Industrial Space Available
    Contact for pricing

    Seabrook Warehouse/Industrial Space Available

    Adaptable 7,800 SF space on Route 1 near I-95.

    920 Lafayette Rd, Seabrook, NH 03874
    View details
    Renovated Office Space in Haverhill
    $2,800 / Mo
    1,600 SF

    Renovated Office Space in Haverhill

    Turnkey office space with historic charm and modern amenities.

    86 Summer St, Haverhill, MA 01830
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    Seabrook Warehouse with Retail Presence
    Contact for pricing
    43,560 SF

    Seabrook Warehouse with Retail Presence

    Freestanding warehouse/manufacturing building with retail presence, available May 2026.

    894 Lafayette Rd, Seabrook, NH 03874
    View details
    High-Visibility Commercial Unit in Methuen
    $2,500 / Mo
    1,298 SF

    High-Visibility Commercial Unit in Methuen

    Flexible 1,300 sq ft commercial space with highway access.

    129 Lowell St, Methuen, MA 01844
    View details
    New Industrial Flex Space Available
    Contact for pricing
    10,000 SF

    New Industrial Flex Space Available

    New construction industrial flex space for lease in Seabrook, NH.

    32 London Ln, Seabrook, NH 03874
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    Versatile Commercial Space in Seabrook
    Contact for pricing

    Versatile Commercial Space in Seabrook

    9,500 SF commercial space with industrial and office areas.

    113 Lafayette Rd, Seabrook, NH 03874
    View details
    Prime Retail & Industrial Hub
    Contact for pricing
    43,560 SF

    Prime Retail & Industrial Hub

    Move-in-ready facility in Seabrook's high-growth sector.

    890 Lafayette Rd, Seabrook, NH 03874
    View details
    Turn-Key Auto Body Facility
    $23 SF/Yr
    14,514 SF

    Turn-Key Auto Body Facility

    Ready-to-use auto body and service garage for lease.

    310 Columbia Rd, Boston, MA 02121
    View details
    Retail/Office Space on Route One
    $12 SF/Yr
    3,282 SF

    Retail/Office Space on Route One

    Retail/office space with high visibility and ample parking.

    102 Bridge Rd, Salisbury, MA 01952
    View details
    High-Visibility Commercial Unit in Methuen
    $2,500 / Mo
    5,001 SF

    High-Visibility Commercial Unit in Methuen

    1300 sq ft commercial space on a bustling corridor.

    127 Lowell St, Methuen, MA 01844
    View details

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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Keller Williams Realty Evolution
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