Property profile

1 Elm Sq Ste 1b Andover, MA 01810

OFF-MARKET
Specialty properties
Saved see the list in your Dashboard
Property ID
US38-0216913
2,494 SF Built 1966
Last sale Feb 2012·$1
Entity Owned Owner of record is a legal entity (LLC / corporation). 14-yr Hold Held for 14 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional commercial property, located at 1 Elm Square L91, Andover, MA, presents a unique investment opportunity. Situated in the heart of downtown Andover, this 0.68-acre lot offers unparalleled accessibility and visibility. The property boasts a lower-level retail or office space, ideal for a variety of uses. The space currently functions as a yoga/dance studio and features three rooms equipped with large mirrors, a spacious lobby/reception area, and ample natural light. Two…

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 · 2021

What does the county charge?
$10k
Tax billed · 2021
Assessed value · 2024$356k
Assessed improvement$356k
Effective rate2.68%

Value estimate

· Nov 2026
$700k
$630k – $770k
AI approach$700k
Submarket $/SF estimate$356k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
County average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$143 – $313
Qualifying comparables9

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?
GB
The purpose of this district is to provide general commercial uses
General categoryCOMMERCIAL
JurisdictionANDOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.9
HVAC Service10.6
Wholesale Shop10.4

Location

1 Elm Sq Ste 1b Andover, MA 01810-3643
County assessor Recorded deeds · 4 transfers 9 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

5 recorded sales · 6 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
452 Lowell, Andover, MA 01810-5305 $700,000 Aug 2023 2,762 SF
31 Webster, Andover, MA 01810-1109 $3,900,000 Jul 2023 25,848 SF
204 Andover, Andover, MA 01810-5702 $320,000 May 2022 4,255 SF
20 Shattuck, Andover, MA 01810-2451 $20,500,000 Dec 2020 124,760 SF
20 Brady, Andover, MA 01810-3224 $565,000 Dec 2018 2,803 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
Preferred Make Realmo a preferred source.

Our comps and market reports get this label in your Google results.

Add as a preferred source on Google One click on Google
You own 1 Elm Sq Ste 1b?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Why this one?