Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

7 Healy Ct Danvers, MA 01923

  • Showrooms
  • 13,400 SF
  • 0.96 lot acres
Value Estimation
Last Sale
Mar 18, 2025
$2,600,000
Location Intelligence
Property ID
US38-1126691
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Breen & Sullivan Mechanical Services, Inc / Air Conditioning Contractor / Hvac Contractor

Property Details for 7 Healy Ct

Year built
1983
Construction
STEEL FRAME
Lot size
0.96 lot acres
Property size
13,400 SF
Zone code
I1
Property type
Showrooms
APN
DANV M:051 L:374A P:
APU
DANVM051L374AP

Description

This exceptional commercial property at 7 Healy Ct, Danvers, MA, presents a unique investment opportunity. The 13,400+/- square foot building sits on a 0.96-acre lot and offers versatile flex/commercial/industrial space. Currently occupied by a long-term tenant, Breen & Sullivan Mechanical Services, whose lease expires in March 2025, the property provides immediate income potential until then. The existing layout includes approximately 6,200 square feet of warehouse/production space equipped with four grade-level overhead doors. There's significant potential for expansion

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $2,385,000
  • CAP approach

    CAP return
    Estimation
    6%
    $2,780,000
    6.5%
    $2,370,000
    7%
    $2,735,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $2,230,000
    Geo Method
    $2,940,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $2,285,000
    Retail
    $2,695,000
    Mixed-Use
    $2,910,000
    Hospitality
    $2,420,000
    Educational
    $2,545,000
    Residential Income
    $2,940,000
    Energy
    $2,440,000
    Income-Based Land
    $2,915,000
    Food Service
    $2,810,000

Location Insight

  • Map
  • Local Demand
City
Danvers
County
Essex
State
Massachusetts
Longitude
-70.9322
Latitude
42.5594
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
$23,118
$678,200
$564,700
$1,242,900
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message