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Financial
Distress signals
Property profile

1 Cheever St Danvers, MA 01923

OFF-MARKET
Auto shops
Property ID
US38-2308235
1,680 SF 0.07 ac lot Built 1940
Last sale May 2013 · $225,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This C-1-zoned flex property in Danvers, Massachusetts is housed in a 1940-era building that was renovated in 2025 and is configured to combine office, work, and garage space. The garage/work area includes a fully heated office, one adjacent full bathroom, and three vehicle bays with floor drains. The bays have 9.6-foot-high door openings; two bays extend approximately 46 feet deep, and the third extends more than 12 feet deep. A Modine gas heater serves the garage/work area. Electric heat…

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?
$6k
Tax billed · 2024
Assessed value$339k
Assessed land$244k
Assessed improvement$96k
Effective rate1.86%

Value estimate

· Oct 2026
$320k
$288k – $352k
AI approach$320k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$240/SF
County average, outlier-cleaned · 111 recorded sales of this use type
Observed band · Q1–Q3$150 – $357
Qualifying comparables5

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?
C1
The purpose of this district is to provide commercial uses.
General categoryCOMMERCIAL
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
Catering Service8.8
Tech Support Center8.6

Location

1 Cheever St Danvers, MA 01923-3732
County assessor Recorded deeds · 6 transfers 5 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
89 Maple, Danvers, MA 01923-2842 $565,000 Aug 2024 2,751 SF
20 Popes, Danvers, MA 01923-1411 $2,150,000 May 2024 5,980 SF
151 Andover, Danvers, MA 01923-5310 $12,600,000 Jul 2021 27,581 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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