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Property profile & analytics
OFF-MARKET
Warehouses

11R Putnam St Danvers, MA 01923

1.9 ac lot Built 1988
Property ID
Property summary
AI-generated overview

This exceptional Danvers, MA industrial warehouse offers 1,740 square feet of versatile space, perfect for a variety of businesses. Located at 11R Putnam Street, this single-tenant unit is part of a two-unit building constructed in 1988. The property boasts three 10x10-foot drive-in doors providing convenient access to the spacious ground-level area, approximately 58 feet wide by 30 feet deep. The warehouse features a clean, functional layout with an added benefit of included office space, easily accessible via a private entrance. An in-unit bathroom adds to the convenience. The building also offers an unmeasured mezzanine for additional storage or workspace. The property sits on a 1.9-acre lot (8,190 square feet) and includes six parking spaces. The building is two stories high with an 11-foot ceiling height. The property is zoned DTC - L/W and is available for $3,190 per month on a NNN basis. This prime location in Danvers offers easy access to major transportation routes and is situated in a thriving commercial area. The combination of ample space, convenient features, and desirable location makes this an ideal opportunity for businesses seeking efficient and functional warehouse space.

Property profile
Verified
Property type Warehouses
Year built 1988
Lot 1.9 ac (82,764 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • EKB Equipment, LLC General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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