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    3 Electronics Ave Danvers, MA 01923

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    For Lease
    $9 SF/Yr ($4,068 /Mo)

    Second floor office space with private offices, conference rooms.

    Property size:
    5,425 SF
    Lot size:
    3.45 Acres

    Property Features for 3 Electronics Ave

    General Information

    Size
    5,425 SF
    Lot size
    3.45 Acres

    Source: Hirsch & Co Inc Agent Lawrence Hirsch

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Office Space Available

    This attractive second-floor office space features numerous private offices, each with windows. The layout includes large conference and meeting rooms, a kitchen, and two restrooms. The owner has recently renovated common areas and landscaped the property. Ample on-site parking is available. The property is zoned Industrial II. Utilities include natural gas for heat and electricity for air conditioning and other tenant uses. A wheelchair lift provides access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Regional Industries Manufacturer Auto Industrial Machine ... Machine Shop Masstex Imaging Medical Clinic Pontoon Boats of Ma, ... Boat Dealer Dr. Joane Baumer Family Practice Physician

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9723665
    Latitude
    42.5768103

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    FAQs

    What type of property is this?
    Office space - Second floor office space with private offices, conference rooms.
    Where is this office space located?
    The property is located at 3 Electronics Ave Danvers, MA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Attractive second floor office space with numerous private offices with windows.; - Large conference/meeting rooms are ideal for collaboration.; - Recently renovated common areas and landscaped property.
    (603) 886-4700
    Request Owner's contact information
    3 Electronics Ave 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
    3 Electronics Ave Danvers, MA 01923
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