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    7 Healy Ct Danvers, MA 01923

    Sponsored
    For Sale
    $2,745,000

    Prime Danvers location, 13,400+ SF flex space, lease expiring 2025.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    343
    This exceptional commercial property at 7 Healy Ct, Danvers, MA, presents a unique investment opportunity. The 13,400+/- square foot building sits on a 0.96-acre lot and offers versatile flex/commercial/industrial space. Currently occupied by a long-term tenant, Breen & Sullivan Mechanical Services, whose lease expires in March 2025, the property provides immediate income potential until then. The existing layout includes approximately 6,200 square feet of warehouse/production space equipped with four grade-level overhead doors. There's significant potential for expansion

    Property Features for 7 Healy Ct

    General Information

    Property type
    Other commercial real estate
    Lot Size
    41,818 SF

    Building Details

    Year Built
    1983
    Property Profile Location Intelligence

    Current Use by Public Records

    Breen & Sullivan Mechanical ... Air Conditioning Contractor

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.93222
    Latitude
    42.55935

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Danvers location, 13,400+ SF flex space, lease expiring 2025.
    Where is this commercial real estate located?
    The property is located at 7 Healy Ct Danvers, MA.
    What is the asking price?
    The asking price for this property is $2,745,000.
    (978) 762-0500
    Request Owner's contact information
    7 Healy Ct Danvers, MA 01923
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    Danvers, MA 01923
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    Realmo Value Estimation

    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.

    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.

    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
    7 Healy Ct Danvers, MA 01923
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