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    Property profile & analytics

    12 Kondelin Rd Gloucester, MA 01930-5161

    • Industrial properties
    • 23,704 SF
    • 2.46 lot acres
    OFF-MARKET
    Value Estimation
    $620,000
    Last Sale
    Oct 08, 2024
    $600,000
    Location Intelligence
    Property ID
    US38-1664500
    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

    • Massachusetts Woodworks / Furniture Manufacturer
    • Cape Ann Classic Car Storage / Storage Facility
    • DDC Enterprises / Auto Body Shop

    Property Details for 12 Kondelin Rd

    Year built
    1982
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    2.46 lot acres
    Property size
    23,704 SF
    Zone code
    GI
    Property type
    Industrial properties
    APN
    GLOU M:0198 B:0035 L:0000
    APU
    GLOUM0198B0035L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $600,000

    • CAP approach

      CAP return
      Estimation
      6%
      $590,000
      6.5%
      $570,000
      7%
      $590,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $615,000
      Geo Method
      $715,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $720,000
      Retail
      $570,000
      Mixed-Use
      $620,000
      Hospitality
      $570,000
      Educational
      $720,000
      Residential Income
      $765,000
      Energy
      $755,000
      Income-Based Land
      $665,000
      Food Service
      $565,000

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.7223
    Latitude
    42.5947
    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
    $9,404
    $226,400
    $709,300
    $935,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      10,444 SF

      19th Pond Rd Ste, Unit 2

      CONDOMINIUMS (INDUSTRIAL) • 10,444 SF
      19th Pond Rd Ste, Gloucester, MA 01930-6506
      View Details
    • Value Estimation by Request
      750 SF

      21 Kettle Cv Ln, Unit 3

      CONDOMINIUMS (INDUSTRIAL) • 750 SF
      21 Kettle Cv Ln, Gloucester, MA 01930-5165
      View Details
    • Value Estimation
      $670,000
      26.38 Acres

      17 Pond Rd

      INDUSTRIAL (GENERAL) • 26.38 Acres
      17 Pond Rd, Gloucester, MA 01930
      View Details
    • Value Estimation
      $235,000
      4,088 SF

      10th Pond Rd

      INDUSTRIAL (GENERAL) • 4,088 SF
      10th Pond Rd, Gloucester, MA 01930-1833
      View Details
    • Value Estimation
      $3,920,000
      12,756 SF

      31 Willow St Sta, Unit A

      CONDOMINIUMS (INDUSTRIAL) • 12,756 SF
      31 Willow St Sta, Gloucester, MA 01930-2754
      View Details
    • Value Estimation
      $230,000
      1,690 SF

      80 Grv St Ste, Unit 5

      CONDOMINIUMS (INDUSTRIAL) • 1,690 SF
      80 Grv St Ste, Gloucester, MA 01930-6223
      View Details

    Similar Nearby for Sale

    • $1,500,000
      8,010 SF

      Historic Gloucester Building with Harbor Views

      Three-story, 6,500+ SF building with period features and harbor views.
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      Gloucester Development Opportunity on 3.7 Acres

      3.7-acre parcel with income potential and development opportunities in Gloucester.
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      Iconic Waterfront Restaurant Opportunity

      Established waterfront restaurant in historic Rocky Neck art colony.
      73 Rocky Neck Ave, Gloucester, MA 01930
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    • $2,089,000
      8,068 SF

      Mixed-Use Building on Main Street

      Mixed-use building with retail and residential units in Gloucester, MA.
      100-102 Main St, Gloucester, MA 01930
      View Details
    • $1,199,000

      Multifamily Property with Expansion Potential

      Multifamily property with plans for additional units.
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    • $1,750,000

      9.54 Acres General Industrial Land

      9.54 acres of General Industrial land with easy highway access.
      40 Sargent St, Gloucester, MA 01930
      View Details

    Similar Nearby for Lease

    • $2,600 /Mo

      Industrial Space with Loading Dock

      Flex space available for rent with loading dock access.
      7 Pond Rd, Gloucester, MA 01930
      View Details
    • Contact for pricing
      3,760 SF

      Gloucester Flex/Industrial Space Available

      3,760 SF flex/industrial space for lease in Gloucester.
      18 Sargent St, Gloucester, MA 01930
      View Details
    • $12 SF/Yr
      10,200 SF

      Gloucester Industrial Space For Lease

      Versatile Flex Space, 2,420-10,200 SF
      15 Great Republic Dr, Gloucester, MA 01930
      View Details
    • Contact for pricing
      50,000 SF

      Gloucester Flex/Industrial Space Available

      Flexible industrial and office space in Gloucester, Massachusetts.
      11 Dory Rd, Gloucester, MA 01930
      View Details
    • $1,100 /Mo

      Downtown Gloucester Retail Space Available

      700 sq ft commercial space in downtown Gloucester/Magnolia.
      29 Lexington Ave, Gloucester, MA 01930
      View Details
    • $1,500 /Mo
      1,460 SF

      Office Space in Blackburn Center

      1,460sf office space available for rent in Gloucester, MA.
      1-10 Blackburn Ctr, Gloucester, MA 01930
      View Details
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    12 Kondelin Rd
    Gloucester, MA 01930-5161
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    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
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