Property profile

16r High St Andover, MA 01810

FOR SALE
Commercial land
Property ID
US38-Q004476
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Property summary

AI-generated overview

The property is a parcel of land located in downtown Andover and zoned General Business (GB). The zoning supports a range of commercial and mixed-use possibilities, including retail, office, restaurant, multifamily, and other commercial uses, subject to Town approvals and required permitting. The parcel is positioned near local retail and dining establishments and along commuter routes.

Property profile

Verified
Property type Commercial land
UPID US38-Q004476

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16r High St Andover, MA 01810
Andover metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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