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Financial
Distress signals
Property profile

109 Colon St Beverly, MA 01915

OFF-MARKET
Showrooms
Property ID
US38-0878000
3,465 SF 0.18 ac lot Built 1988
Last sale May 1988 · $155,250
Individually Owned Owner of record is an individual. 38-yr Hold Held for 38 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A second-floor commercial office space of approximately 1,500 square feet located in Beverly, Massachusetts near downtown and the commuter rail. The suite is handicap accessible and includes a floorplan configured for professional office uses, featuring a reception and waiting area, an open-concept co-working or work area, and two private offices. The space has a private bathroom and access to a common area bathroom. The space is configured under a modified gross arrangement with utilities paid…

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?
$15k
Tax billed · 2024
Assessed value$706k
Assessed land$363k
Assessed improvement$343k
Effective rate2.19%

Value estimate

· Oct 2026
$385k
$347k – $424k
Submarket $/SF estimate$1.04M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$301/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$167 – $599
Qualifying comparables10

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?
R10
The R-10 One-Family District is established to principally provide for single-family detached residences at urban density on small-sized ...
General categoryRESIDENTIAL
JurisdictionBEVERLY

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.3
Garden Center9.0
Smoke and Vape Shop9.0

Location

109 Colon St Beverly, MA 01915-3661
County assessor Recorded deeds · 4 transfers 10 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

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
272 Rantoul, Beverly, MA 01915-5712 $840,000 Jul 2025 2,482 SF
115 Park Stc, Beverly, MA 01915 $1,750,000 Jun 2025 3,497 SF
84 Hale, Beverly, MA 01915-4632 $650,000 Oct 2023 2,238 SF
77 Herrick St, Beverly, MA 01915-2734 $1,465,000 Apr 2023 3,092 SF
282 Rantoul, Beverly, MA 01915-4328 $995,000 Feb 2021 4,320 SF
397 Cabot, Beverly, MA 01915-3103 $190,000 Sep 2020 2,968 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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