Financial
Distress signals
Property profile

6 Riverside Dr Andover, MA 01810

OFF-MARKET
Life science properties
Property ID
US38-1864114
77,016 SF 8.55 ac lot Built 1989
Last sale Nov 2021 · $12,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

6 Riverside Drive is a Class A office building in Andover, situated directly off the I-93 River Road exit with proximity to I-495. The property is configured for office and research & development (R&D) use and functions as a headquarters-type facility. It is located within an area of established corporate neighbors, including Vicor, Putnam, Drager, and Schneider Electric. The building includes loading capabilities and contains 43,620 square feet, and it features a replaced roof and HVAC system.

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?
$239k
Tax billed · 2024
Assessed value$9.40M
Assessed land$2.85M
Assessed improvement$6.54M
Effective rate2.55%

Value estimate

· Sep 2026
$11.90M
$10.71M – $13.08M
AI approach$10.88M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

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?
IA
The purpose of this district is to provide industrial uses
General categoryINDUSTRIAL
JurisdictionANDOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant38.2
Building Supply37.9
Dental Office34.4

Location

6 Riverside Dr Andover, MA 01810-1121
County assessor Recorded deeds · 11 transfers 3 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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6 Tech, Andover, MA 01810-2434 $23,780,000 Jul 2023 127,448 SF
3 Riverside, Andover, MA 01810-1148 $19,822,000 Jun 2022 91,018 SF
60 Minuteman, Andover, MA 01810-1008 $58,689,000 Jan 2022 382,753 SF
30 1776th, Andover, MA 01810-1026 $6,894,000 Jan 2022 11,474 SF
400 Minuteman, Andover, MA 01810-1093 $51,000,000 Jul 2021 150,292 SF
160 Dascomb, Andover, MA 01810-0044 $40,400,000 Jun 2021 120,682 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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