5 Cherry HlDanvers, MA 01923

  • Office properties
  • 34,608 SF
Off market

Property Details for 5 Cherry Hl

Year built
1989
Construction
STEEL FRAME
Lot size
5.78 AC
Property size (Sq ft)
34,608 SF
Zone code
I2
Property type
Office properties
Property subtype
Office buildings
APN
DANV M:037 L:036 P:
APU
DANVM037L036P

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,721,736
    6.5%
    $5,281,602
    7%
    $4,904,346
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,521,882
    Geo Method
    $4,521,882
  • Alternative Use

    Use
    Valuation
    Residential
    $6,549,187
    Hospitality
    $5,999,020
    Educational
    $4,991,114
    Medical
    $5,162,766
    Retail
    $7,763,956
5 Cherry Hl, Danvers, Massachusetts
Leaflet | © OpenStreetMap contributors

Location Insight

City
Danvers
County
Essex
State
Massachusetts
Latitude
42.5732
Longitude
-70.915
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$55,666
$1,243,900
$1,748,900
$2,992,800
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.