235 AndoverPeabody, MA 01960

  • Retail properties
  • 13,619 SF
Off market
$10,796,200 Estimated

Property Details for 235 Andover

Year built
1950
Construction
FRAME
Lot size
1.08 AC
Property size (Sq ft)
13,619 SF
Zone code
BR
Property type
Retail properties
Property subtype
Turn key restaurants
APN
PEAB M:0030 B:0009
APU
PEABM0030B0009

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,309,892
    6.5%
    $3,055,285
    7%
    $2,837,051
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,484,236
    Geo Method
    $4,484,236
  • Alternative Use

    Use
    Valuation
    Residential
    $2,577,248
    Hospitality
    $2,360,745
    Educational
    $1,964,112
    Medical
    $2,031,661
    Retail
    $3,055,285
235 Andover, Peabody, Massachusetts
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Location Insight

City
Peabody
County
Essex
State
Massachusetts
Latitude
42.5481
Longitude
-70.9499
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
$41,776
$1,062,200
$1,156,400
$2,218,600
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