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Financial
Distress signals
Property profile

1 Harris St 5 Newburyport, MA 01950

FOR SALE
Other office properties
Property ID
US38-1278716
2,201 SF Built 1950
Last sale Nov 2006 · $382,000
Individually Owned Owner of record is an individual. 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This second-floor office suite is located within the One Harris St Professional Office Building in downtown Newburyport and comprises 2,201 square feet. The space features exposed brick and a central overhead skylight that contributes to natural light. The interior layout includes a dedicated conference room, a kitchen bar area, and two private bathrooms. The building was constructed in 1950 and provides an established professional office setting for office users within a walkable downtown area near the waterfront, dining, and retail.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$4k
Tax billed · 2024
Assessed value$409k
Assessed improvement$409k
Effective rate1.00%

Value estimate

· Oct 2026
$335k
$302k – $369k
AI approach$450k
NOI build-up
Gross scheduled income$89k
Vacancy & credit loss−$16k
Operating expenses−$18k
NOI · 8.05% cap applied$54k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$909/SF
ZIP average, outlier-cleaned · 33 recorded sales of this use type
Observed band · Q1–Q3$305 – $2,202
Qualifying comparables8

Cap rate analysis

How does the asset earn?
8.05%
$54k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNEWBURYPORT

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.7
Daycare Center8.9
Catering Service8.8

Location

1 Harris St, Unit 5 Newburyport, MA 01950
County assessor Recorded deeds · 2 transfers 8 qualifying comp sales Zoning catalog · not on file

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
21 Middle, Newburyport, MA 01950-2716 $161,700 Feb 2026 846 SF
23 State, Newburyport, MA 01950-6609 $1,200,000 Jan 2025 1,936 SF
24 Ctr, Newburyport, MA 01950-2701 $1,370,000 Jul 2024 4,059 SF
7 Prince Pl, Newburyport, MA 01950-2655 $1,650,000 Jul 2022 4,298 SF
74 Water, Newburyport, MA 01950-2955 $434,000 Aug 2019 1,986 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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