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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Super regional malls
1211 Osgood St, North Andover, MA 01845-1047
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-1496334
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
2005
Total area
9,150 SF
Lot
0.97 ac (42,266 SF)
Zoning code
GB
APN
NAND M:00035 B:00008 L:00000
UPID
US38-1496334
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
-
Lots of Eats Thai Kitchen Restaurant
-
V & V Nails Nail Salon
-
Bella's Roast Beef Restaurant
-
Kurt Wicks: Allstate Insurance Insurance Agency
-
Gregory Wicks: Allstate Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$550k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$456k
Blend (final)
Blend
$505k
Owner & transaction history
Hsk Properties LLC · 6 yrs held
Hsk Properties LLC
since 2019
7 recorded transactions
Zoning & alternative use
GB · North Andover, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$660,000
+66.8%
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
Method
Estimation
Statistic approach
by Request
ML approach
$550,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$395,000
Current use
MEDICAL BUILDING
$660,000
Change: +67% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$55 / SF
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
$26,007
Tax year 2024
Assessed value
$1,667,100
Assessed 2024
Previous assessed
$1,667,100
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$475,600
Assessed improvement
$1,191,500
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
5
Rooms
5
Bathrooms
10
Total area
9,150 SF
Lot
0.97 ac (42,266 SF)
Zoning code
GB
APN
NAND M:00035 B:00008 L:00000
UPID
US38-1496334
Jurisdiction
NORTH ANDOVER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · North Andover, MA
Zoning GB · permitted uses
GB · 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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$395,000
MEDICAL BUILDING
Est. value
$660,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
5
Rooms
5
Bathrooms
10
Lot
0.97 ac
Current owner
From public records · entity-resolved
Hsk Properties LLC
Entity
Mailing address
22 KATHERINE LN, SAUGUS, MA 01906-3278
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Hsk Properties LLC
—
Deed
related
$800,000 · Eastern Bank
Nov 14, 2019
—
Hsk Properties LLC
Penelope Kanellos
Quit Claim Deed
related
$805,000 · Eastern Bank
Mar 13, 2015
$2,400,000
Penelope Kanellos
1211 Osgood Steert LLC
Quit Claim Arm's Length For Ne States
$750,000 · Eastern Bank
Sep 2, 2004
$1
1211 Osgood St LLC
F K RT
Grant Deed
related
—
Sep 2, 2004
—
1211 Osgood St LLC
—
Deed Of Trust
related
$1,000,000 · Banknorth NA
Sep 12, 1997
$63,000
Frank Terranova
Charette,ronald W
Grant Deed
—
Sep 12, 1997
$237,000
Frank Terranova
Charette,ronald W
Grant Deed
—
Sep 12, 1997
—
Fk RT
—
Deed Of Trust
related
$35,000 · Northmark Bank
Oct 31, 1989
—
Ronald Charette
—
Deed Of Trust
related
$20,000 · Family Mutual Savings Bank
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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