Financial
Distress signals
Property profile

195 Andover St Andover, MA 01810

FOR SALE
Retail space
Property ID
US38-1340943
7,933 SF 0.21 ac lot Built 1960
Last sale Oct 2021 · $850,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 195 Andover St in Andover, Massachusetts is a convenience store facility built in 2007 and has been operated as a commercial retail use for more than 20 years. It includes retail space along with two large storage rooms, and the property is equipped for ongoing convenience retail operations, with included operating equipment and fixtures (inventory and related items included as part of the facility’s operating setup). The site is within commercial zoning and is configured with

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$25k
Tax billed · 2024
Assessed value$986k
Assessed land$188k
Assessed improvement$798k
Effective rate2.55%

Value estimate

· Sep 2026
$975k
$878k – $1.07M
AI approach$1.05M
Sales comparison$1.20M
NOI build-up
Gross scheduled income$20k
Vacancy & credit loss−$448
Operating expenses−$6k
NOI · 13.98% cap applied$14k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$222/SF
County average, outlier-cleaned · 252 recorded sales of this use type
Observed band · Q1–Q3$138 – $329
Qualifying comparables10

Cap rate analysis

How does the asset earn?
13.98%
$14k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GB
The purpose of this district is to provide general commercial uses
General categoryCOMMERCIAL
JurisdictionANDOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.3
Building Supply10.5
Dental Office9.7

Location

195 Andover St Andover, MA 01810
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
69 Park, Andover, MA 01810-3691 $2,526,500 Nov 2024 13,447 SF
201 Main, Andover, MA 01810-3109 $1,150,000 Mar 2024 5,452 SF
19 Dl, Andover, MA 01810-5617 $1,050,000 Feb 2024 8,467 SF
3 Railroad, Andover, MA 01810-3516 $1,730,000 Mar 2021 24,000 SF
48 Main, Andover, MA 01810 $2,600,000 Aug 2019 9,256 SF
10 Main, Andover, MA 01810-3717 $2,150,000 Apr 2019 39,517 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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