Financial
Distress signals
Property profile

1207 Washington St Hanover, MA 02339

FOR LEASE
Other commercial real estate
Property ID
US38-1798308
47,909 SF 12.59 ac lot Built 2010
Last sale May 2010 · $8,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of retail spaces configured for leasing, offering units of approximately 1,196 square feet and 1,939 square feet; the spaces can be combined to form a single retail unit of up to approximately 3,135 square feet. The site is positioned on a road with a stated traffic volume of 26,093 ADT, and the property has a history of tenancy including national and local retail and restaurant users such as Target, PetSmart, Aspen Dental, Five Guys, X-Golf, and Taco Bell.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included 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.

Mortgages

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?
$131k
Tax billed · 2024
Assessed value$9.71M
Assessed improvement$9.71M
Effective rate1.34%

Value estimate

· Sep 2026
$6.97M
$6.27M – $7.67M
CAP approach$7.12M
Sales comparison$7.09M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$230/SF
ZIP average, outlier-cleaned · 32 recorded sales of this use type
Observed band · Q1–Q3$152 – $301

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?
C
General categoryCOMMERCIAL
JurisdictionHANOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop11.6
Storage Facility9.9
Bakery9.1

Location

1207 Washington St Hanover, MA 02339
County assessor Recorded deeds · 6 transfers Qualifying comp sales · not on file 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
427 Columbia, Hanover, MA 02339-3213 $1,350,000 Jan 2024 8,400 SF
2103 Washington, Hanover, MA 02339-1621 $1,300,000 Jun 2022 5,942 SF
247 Hanover, Hanover, MA 02339-2208 $205,000 Feb 2021 5,856 SF
1987 Washington, Hanover, MA 02339-1656 $1,205,000 May 2020 4,464 SF
1236 Hanover, Hanover, MA 02339-2025 $500,000 Jan 2020 10,050 SF
1877 Washington, Hanover, MA 02339-1666 $105,000 Apr 2019 48,300 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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