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Financial
Distress signals
Property profile

67 High St Danvers, MA 01923

FOR LEASE
Super regional malls
Property ID
US38-0384161
14,231 SF 0.92 ac lot Built 1959
Last sale Feb 2021 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This street-level retail storefront suite comprises approximately 1,500 square feet and is located at the front of The Danvers Village in downtown Danvers. The interior layout includes a reception area, two private offices, a wide-open bullpen/work area, and two private in-suite bathrooms. Large front-facing windows provide exposure to pedestrian traffic, and building signage is available along with a two-way marquee on High Street. The Danvers Village is situated on a busy Route 35 corridor…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$39k
Tax billed · 2024
Assessed value$2.09M
Assessed land$945k
Assessed improvement$1.15M
Effective rate1.86%

Value estimate

· Oct 2026
$2.98M
$2.68M – $3.28M
AI approach$2.92M
CAP approach$4.05M
NOI build-up
Gross scheduled income$36k
Vacancy & credit loss−$792
Operating expenses−$11k
NOI · 112,027.27% cap applied$25k

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?
112,027.27%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I1
The purpose of this district is to provide industrial uses.
General categoryINDUSTRIAL
JurisdictionDANVERS

Location intelligence

Which uses thrive at this corner?
Best fit: Smoke and Vape Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Smoke and Vape Shop9.6
Tech Support Center8.7
Shoe Repair8.7

Location

67 High St Danvers, MA 01923
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

1 recorded sale · 13 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
435 Newbury, Danvers, MA 01923-1041 $1,258,000 Jan 2020 35,217 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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