Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1 Lupine Rd Andover, MA 01810-3909

    • Office Properties & Spaces
    • 400 SF
    OFF-MARKET
    Value Estimation
    $285,000
    Location Intelligence
    Property ID
    US38-0798032
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Old School Capital / Financial Planner
    • Old School Payroll / Accountant

    Property Details for 1 Lupine Rd

    Year built
    1955
    Construction
    FRAME
    Property size
    400 SF
    Zone code
    IG
    Property type
    Office Properties & Spaces
    APN
    ANDO M:00055 B:00024 L:00006
    APU
    ANDOM00055B00024L00006

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $280,000

    • CAP approach

      CAP return
      Estimation
      6%
      $300,000
      6.5%
      $275,000
      7%
      $265,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $250,000
      Geo Method
      $270,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $270,000
      Retail
      $280,000
      Mixed-Use
      $310,000
      Hospitality
      $340,000
      Educational
      $320,000
      Residential Income
      $310,000
      Energy
      $300,000
      Income-Based Land
      $255,000
      Food Service
      $305,000

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1455
    Latitude
    42.6551
    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
    $1,924
    $0.00
    $75,500
    $75,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      Elm Sq

      Medical offices
      0 Elm Sq, Andover, MA 01810
      View Details
    • Value Estimation by Request

      1 Elm St

      Office Properties & Spaces
      1 Elm St, Andover, MA 01810
      View Details
    • Value Estimation by Request
      198 SF

      68 Park St Ste, Unit 5

      CONDOMINIUM OFFICES • 198 SF
      68 Park St Ste, Andover, MA 01810-3681
      View Details
    • Value Estimation
      $330,000
      968 SF

      1 Elm Sq1a2

      CONDOMINIUM OFFICES • 968 SF
      1 Elm Sq1a2, Andover, MA 01810-3643
      View Details
    • Value Estimation
      $845,000
      3,821 SF

      204 Andover St, Unit 302

      CONDOMINIUM OFFICES • 3,821 SF
      204 Andover St, Andover, MA 01810-5702
      View Details
    • Value Estimation
      $305,000
      1,160 SF

      206 Andover St, Unit S5

      CONDOMINIUM OFFICES • 1,160 SF
      206 Andover St, Andover, MA 01810-5666
      View Details

    Similar Nearby for Sale

    • $350,000

      Andover Office Condo for Sale

      Prime Andover location, versatile office space.
      0 Elm Sq, Andover, MA 01810
      View Details
    • $1,300,000

      Andover Office/Medical Space For Sale

      4,300+ SF, updated, ADA access, near major routes.
      6 Windsor St, Andover, MA 01810
      View Details
    • $1,100,000

      Andover Office/Medical Building For Sale

      Four-level, 4,300+ SF building suitable for office or medical use.
      6 Windsor St, Andover, MA 01810
      View Details
    • $1,349,000

      Downtown Office Building For Sale

      Well-maintained office building with income potential in downtown location.
      Confidential Way, Andover, MA 01810
      View Details
    • $325,000
      1,472 SF

      Downtown Andover Retail/Office Space

      Retail/office space in downtown Andover, steps from amenities and transport.
      1 Elm Sq, Andover, MA 01810
      View Details
    • $695,000

      Updated Office Condo For Sale

      3,899 SF office condo with flexible layout and modern systems.
      191 Chandler Rd, Andover, MA 01810
      View Details

    Similar Nearby for Lease

    • $20 SF/Yr
      41,824 SF

      Andover Office Space: Main St. Location

      Historic building, flexible office suites.
      10 Main St, Andover, MA 01810
      View Details
    • $22 SF/Yr
      1,771 SF

      Andover Executive Office Condo

      Move-in ready, modern office space.
      1 Elm St, Andover, MA 01810
      View Details
    • Contact for pricing
      7,279 SF

      Andover Office Space For Rent

      Office space available near Route 93 in Andover, MA.
      138 River Rd, Andover, MA 01810
      View Details
    • Contact for pricing
      21,000 SF

      Class A Office Space Andover

      Class A office park with suites available in Andover, MA.
      1 Tech Dr, Andover, MA 01810
      View Details
    • Contact for pricing

      Renovated Mill Building for Lease

      Renovated office space in Andover, near Routes 93 and 495.
      100 Brickstone Sq, Andover, MA 01810
      View Details
    • Contact for pricing
      43,620 SF

      Class A Office Building Andover

      Premier office and R&D space near I-93 and I-495.
      6 Riverside Dr, Andover, MA 01810
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1 Lupine Rd
    Andover, MA 01810-3909
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.