Financial
Distress signals
Property profile

2103 Washington St Hanover, MA 02339

OFF-MARKET
Showrooms
Property ID
US38-1164881
5,942 SF 0.79 ac lot Built 1900
Last sale Jun 2022 · $1,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A 2,021-square-foot retail space in a newer building located on Merchants Row in Hanover, Massachusetts, positioned just off Route 3 for roadside traffic exposure. The space is configured for retail use and is subject to a restriction that prohibits additional food use within the premises. The building supports multiple retail and service tenants, with co-tenants including Alba on 53, Dave’s Hot Chicken, Crumbl, Scutari Italian Restaurant, Lucky Finn Café, and Quincy Credit Union.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$787k
Assessed land$591k
Assessed improvement$196k
Effective rate1.34%

Value estimate

· Sep 2026
$1.13M
$1.02M – $1.24M
AI approach$1.21M
CAP approach$885k
Sales comparison$987k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$230/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$152 – $301
Qualifying comparables14

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C
General categoryCOMMERCIAL
JurisdictionHANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop12.0
Pharmacy11.7
Building Supply11.3

Location

2103 Washington St Hanover, MA 02339-1621
County assessor Recorded deeds · 6 transfers 14 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

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
427 Columbia, Hanover, MA 02339-3213 $1,350,000 Jan 2024 8,400 SF
33 Rockland, Hanover, MA 02339-2206 $1,200,000 Dec 2022 6,563 SF
1771 Washington, Hanover, MA 02339-1665 $75,000 Aug 2021 2,952 SF
247 Hanover, Hanover, MA 02339-2208 $205,000 Feb 2021 5,856 SF
1987 Washington, Hanover, MA 02339-1656 $1,205,000 May 2020 4,464 SF
1236 Hanover, Hanover, MA 02339-2025 $500,000 Jan 2020 10,050 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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