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    7 Healy Ct Danvers, MA 01923

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    For Sale
    Contact for pricing

    Flex/industrial building in Danvers, MA, available March 2025.

    Property size:
    13,400 SF
    Lot size:
    0.98 Acres

    Property Features for 7 Healy Ct

    General Information

    Size
    13,400 SF
    Lot size
    0.98 Acres

    Source: Nordlund Associates Agent ​Anthony Triglione

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

    Overview

    Danvers Flex/Industrial Building For Sale

    Located in Danvers, Massachusetts, 7 Healy Court is a flex/commercial and industrial building constructed in 1983, with later expansion and renovations. The building has a total area of 13,400 square feet on a 0.96-acre lot. The current tenant, Breen & Sullivan Mechanical Services, has been the occupant since 1995 and will vacate the premises upon lease expiration in March 2025. The existing layout includes approximately 4,200 square feet of warehouse/production space, accessible via four grade-level overhead loading doors. An additional 5,000 square feet of warehouse/production space can be created by removing the existing first-floor office area. The building's configuration allows for subdivision to accommodate two tenants, with approximately 5,000 square feet and 8,400 square feet each. Previously, a wholesale plumbing supply company occupied the front 5,000 square feet before Breen & Sullivan expanded into the entire facility.
    Property Profile Insight Report 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.

    Similar Places Nearby

    Nico's Cafe & Catering, Luther Witham Inc

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.932286
    Latitude
    42.559331

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    FAQs

    What type of property is this?
    Flex space - Flex/industrial building in Danvers, MA, available March 2025.
    Where is this flex space located?
    The property is located at 7 Healy Ct Danvers, MA.
    What are key features of this property?
    This property features: - Flex/Commercial & Industrial Building with 13,400 SF +/- on .96 acres.; - Tenant relocating in March 2025, providing opportunity for new owner-occupancy or lease.; - Potential to create up to 5,000 SF of additional warehouse/production space.
    (978) 762-0500
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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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