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Property profile & analytics
OFF-MARKET
Turn key restaurants
1070 Osgood St, North Andover, MA 01845-1503
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-0816815
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2002
Total area
2,769 SF
Lot
1.92 ac (83,635 SF)
Zoning code
I2
APN
NAND M:00035 B:00047 L:00000
UPID
US38-0816815
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Casa Blanca Mexican Restaurant Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Fourzol LLC · 20 yrs held
Fourzol LLC
since 2006
7 recorded transactions
Zoning & alternative use
I2 · North Andover, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs North Andover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Andover submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,449
Tax year 2024
Assessed value
$926,200
Assessed 2024
Previous assessed
$926,200
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$410,600
Assessed improvement
$515,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Total area
2,769 SF
Lot
1.92 ac (83,635 SF)
Zoning code
I2
APN
NAND M:00035 B:00047 L:00000
UPID
US38-0816815
Jurisdiction
NORTH ANDOVER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
I2 · North Andover, MA
Zoning I2 · permitted uses
I2 · North Andover, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Andover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Lot
1.92 ac
Current owner
From public records · entity-resolved
Fourzol LLC
Entity
Mailing address
480 SUMMER ST, WESTWOOD, MA 02090-1000
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2016
—
Michael Mouhanna
—
Deed
related
$1,950,000 · Eastern Bank
Aug 31, 2011
—
Fourzol LLC
—
Deed Of Trust
related
$675,000 · Gary Needham
May 24, 2006
$925,000
Fourzol LLC
Vjvk INC
Deed
$740,000 · Flagship Bk Tr Co
Jul 29, 2003
—
Vj Vk INC
—
Deed Of Trust
related
$600,000 · Community Bank & Trust Co
Oct 25, 2002
—
Vj Vk INC
—
Deed Of Trust
related
$50,000 · Community Bank & Trust Co
Jul 22, 2002
—
Vj Vk INC
—
Deed Of Trust
related
$550,000 · Pennisula LP
Mar 15, 2002
$300,000
Vjvk INC
Casa Vecchia 2 LP
Grant Deed
—
Dec 31, 1997
—
Vecchia Case II
—
Deed Of Trust
related
$100,000 · Southern Nh Bank & Trust
Oct 7, 1997
—
Vecchia Casa II
—
Deed Of Trust
related
$85,000 · Southern Nh Bank & Trust
Mar 1, 1995
—
Vecchia Casa II
—
Deed Of Trust
related
$52,162 · Robert J Janusz
Feb 11, 1994
$143,000
Vecchia Casa II
Optrx RT
Grant Deed
$37,500 · Zeger Corp Pension Trust
Feb 11, 1994
—
Cecchia Casa II
—
Deed Of Trust
related
$58,318 · Zeger Corp Pension Trust
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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