Financial
Distress signals
Property profile

38 Essex St Andover, MA 01810

OFF-MARKET
Office buildings
Property ID
US38-0371935
4,279 SF 0.26 ac lot Built 1998
Last sale Jan 2020 · $1,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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?
$29k
Tax billed · 2024
Assessed value$1.14M
Assessed land$336k
Assessed improvement$800k
Effective rate2.55%

Value estimate

· Sep 2026
$1.29M
$1.16M – $1.41M
AI approach$1.32M
Sales comparison$1.32M

Realmo valuation models over county records and 24 qualifying comparable sales.

Recently sold

What actually traded nearby?
$254/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$179 – $308
Qualifying comparables24

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

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: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store13.1
Wholesale Shop12.9
HVAC Service11.8

Location

38 Essex St Andover, MA 01810-3761
County assessor Recorded deeds · 9 transfers 24 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
138 Riv, Andover, MA 01810-1072 $3,862,500 Jan 2024 64,579 SF
15 Railroad, Andover, MA 01810-4054 $875,000 Feb 2023 4,200 SF
33 Chestnut, Andover, MA 01810-3623 $2,088,000 Dec 2021 5,337 SF
79 Main, Andover, MA 01810-3510 $1,000,000 Jun 2021 4,320 SF
2 Tech, Andover, MA 01810-2489 $12,500,000 Jan 2020 105,902 SF
1 Tech, Andover, MA 01810-2453 $2,000,842 Sep 2019 90,557 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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