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Property profile & analytics
OFF-MARKET
Office Spaces

0 Elm Sq Andover, MA 01810

Property ID
Property summary
AI-generated overview

This exceptional 350,000 USD professional condo unit is ideally situated in the vibrant heart of Andover, Massachusetts' business district at 1 Elm Square, Elm Square, Andover, MA 01810. Located in Essex County, this property offers a flexible and highly desirable office space suitable for a variety of professional uses, including executive offices, medical practices, or traditional office settings. The unit's central location within the downtown area provides unparalleled access to local amenities, businesses, and transportation networks, making it an attractive option for both established and emerging companies. The address is specifically 1 Elm Square, placing the property in a high-traffic area with excellent visibility. This presents a unique opportunity to acquire a well-positioned commercial property in a thriving Massachusetts community. The property is classified as an office condo, offering the benefits of ownership without the responsibilities of managing a larger building. The asking price reflects the prime location and versatile nature of this exceptional office space. This is a turnkey opportunity for businesses seeking a prestigious and convenient location to establish or expand their operations. The property's latitude and longitude coordinates are 42.657521720824036 and -71.14043785734363 respectively.

Property profile
Verified
Property type Office Spaces
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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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
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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