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Financial
Distress signals
Property profile

435 Newbury St 112 Danvers, MA 01923

FOR LEASE
Super regional malls
Property ID
US38-0150994
35,217 SF 4.15 ac lot Built 1986
Last sale Jan 2020 · $1,258,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Office Unit 216 is an 887-square-foot suite on the second floor of Hawthorne North Plaza in Danvers. The suite is laid out with four rooms, including three private offices and a reception area. Building access is provided by elevator or the main staircase, and the facility is fully handicap accessible. The building was constructed in 1986 and is zoned I1. The plaza is located on Route 1 near the rotary connection of Route 1 with Route 95 and features surrounding parking with access from both…

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?
$84k
Tax billed · 2024
Assessed value$4.49M
Assessed land$1.87M
Assessed improvement$2.62M
Effective rate1.86%

Value estimate

· Oct 2026
$1.62M
$1.46M – $1.78M
AI approach$1.84M
Submarket $/SF estimate$1.23M
NOI build-up
Gross scheduled income$61k
Vacancy & credit loss−$1k
Operating expenses−$18k
NOI · 985.66% cap applied$42k

Realmo valuation models over county records.

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?
985.66%
$42k 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: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office15.3
Auto Repair Shop13.9
Building Supply13.4

Location

435 Newbury St, Unit 112 Danvers, MA 01923
County assessor Recorded deeds · 9 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

1 recorded sale · 11 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
67 High, Danvers, MA 01923-3168 $2,350,000 Feb 2021 14,231 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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