Property profile

25 Popes Ln Danvers, MA 01923

OFF-MARKET
Commercial land
Property ID
US38-2422242
Built 1997
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Property summary

AI-generated overview

Exceptional commercial opportunity on highly traveled Route 1 in Danvers. This fully cleared parcel offers prime visibility in one of the area's most active business corridors, positioning your venture for maximum exposure and accessibility. The property features upgraded drainage infrastructure, easy access to public utilities, and ample on-site parking to comfortably accommodate both customers and staff. A newly constructed retaining wall enhances both functionality and curb appeal, adding value to this well-prepared site. Property come with approved variance's of new building if wanted, and new site design. Seller also will entertain a price to build as well. Ideal for a contractor yard, service-based business, equipment storage, or trade operations, the site offers the flexibility and access today's businesses demand. Opportunities like this in Danvers' premier commercial district are rare - bring your vision and capitalize on this high-impact location.

Property profile

Verified
Property type Commercial land
Year built 1997
UPID US38-2422242

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Waste Management Facility Hazardous Waste Disposal
  • HVAC Service

Location

25 Popes Ln Danvers, MA 01923
Danvers metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
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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