Financial
Distress signals
Property profile

24 Bennett Hwy Saugus, MA 01906

FOR LEASE
Commercial land
Property ID
US38-0750710
0.76 ac lot
Last sale Apr 1995 · $325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 31-yr Hold Held for 31 years. Free & Clear No active or open recorded mortgage detected.
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24 Bennett Hwy, Saugus, MA 01906 For Lease
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24 Bennett Hwy, Saugus, MA 01906
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Property summary

AI-generated overview

The property is a 40,000 square foot (0.91-acre) pad site configured for a ground lease or build-to-suit development along Route 1 Northbound, providing direct road exposure on a major retail corridor. The site is described as having high-visibility frontage and a reported traffic count of 89,618 ADT. The site is positioned to support a range of permitted uses, including quick service and full-service restaurants, medical facilities, and automotive businesses, with building sizes noted in the

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?
$18k
Tax billed · 2024
Assessed value$819k
Assessed land$813k
Assessed improvement$6k
Effective rate2.20%

Value estimate

· Sep 2026
$820k
$738k – $902k
AI approach$795k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$182/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$116 – $232

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?
NA
JurisdictionSAUGUS

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 agency35.3
Restaurant33.0
Dental Office31.3

Location

24 Bennett Hwy Saugus, MA 01906
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
67 Broadway, Saugus, MA 01906 $487,500 Jan 2026 N/A
Mildred, Saugus, MA 01906 $800,000 Sep 2023 N/A
720 Broadway, Saugus, MA 01906-3202 $100,000 Mar 2023 N/A
14 Bow, Saugus, MA 01906-1140 $2,300,000 Oct 2022 N/A
5 Bow, Saugus, MA 01906-1103 $2,300,000 Oct 2022 2,902 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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