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Financial
Distress signals
Property profile

701 Salem St North Andover, MA 01845

OFF-MARKET
Retail space
Property ID
US38-1388988
15,644 SF 1.41 ac lot Built 1997
Last sale Feb 2019 · $2,600,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$43k
Tax billed · 2024
Assessed value$2.79M
Assessed land$490k
Assessed improvement$2.30M
Effective rate1.56%

Value estimate

· Oct 2026
$2.49M
$2.24M – $2.74M
Submarket $/SF estimate$3.48M

Realmo valuation models over county records and 9 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 comparables9

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
JurisdictionNORTH ANDOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm13.9
Dental Office13.7
Restaurant13.0

Location

701 Salem St North Andover, MA 01845-3153
County assessor Recorded deeds · 6 transfers 9 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 · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
45 Beechwood, North Andover, MA 01845-1066 $4,850,000 Jan 2025 30,855 SF
1620 Tpke, North Andover, MA 01845-6222 $2,800,000 Oct 2024 10,000 SF
1650 Tpke, North Andover, MA 01845-6222 $2,419,200 Oct 2024 8,640 SF
129 Main, North Andover, MA 01845-2421 $1,900,000 Mar 2023 6,000 SF
170 Pleasant, North Andover, MA 01845-2706 $1,200,000 Jan 2022 7,144 SF
314 Clark, North Andover, MA 01845-1020 $970,000 Mar 2019 5,220 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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