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    55 Ferncroft Rd Danvers, MA 01923

    For Lease
    Contact for pricing

    Five-story office building in Ferncroft Village, Danvers.

    Property size:
    3,453 SF
    Lot size:
    4.88 Acres

    Property Features for 55 Ferncroft Rd

    General Information

    Size
    3,453 SF
    Lot size
    4.88 Acres

    Source: Cushman & Wakefield | Boston Agent Petra Flynn

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

    Overview

    Danvers Office Space For Rent

    This is a 5-story brick and glass building located in the Ferncroft Village in Danvers, Massachusetts. The property is situated near Route 1 and I-95. The property offers 3,453 square feet of office space.
    Insight Report Location Intelligence

    Current Use by Public Records

    55 Ferncroft Road, ... Business Center Norwin Technologies Company Life Solutions Group Financial Consultant Eco Friendly Junk ... Waste Management Service Conventus Media Business Management Consultant

    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
    -70.9687082
    Latitude
    42.595751

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    FAQs

    What type of property is this?
    Office building - Five-story office building in Ferncroft Village, Danvers.
    Where is this office building located?
    The property is located at 55 Ferncroft Rd Danvers, MA.
    What are key features of this property?
    This property features: - Located in Fern croft Village; - Near Route 1, offering convenient access; - Near I-95
    (617) 330-6966
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    55 Ferncroft Rd 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
    55 Ferncroft Rd Danvers, MA 01923
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