Technical
Financial
Distress signals
Property profile

128 Water St Danvers, MA 01923

OFF-MARKET
Turn key restaurants
Property ID
US38-1515078
4,759 SF 1.3 ac lot Built 2007
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2007
Construction FRAME
Total area 4,759 SF
Lot 1.3 ac (56,628 SF)
Zoning code I1
APN DANV M:064 L:064 P:
UPID US38-1515078

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Bakery Specialty Food Shop

Location

128 Water St Danvers, MA 01923-3790
Danvers metro Census 211100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.16M
Blend (final) Blend
$1.23M

Owner & transaction history

since 2014
5 recorded transactions
2014
$100,000
2014
Price N/A
2006
$1
2004
$175,000
1987
Price N/A

Zoning & alternative use

I1 · Danvers, MA
Zoning description

137 22.2 AUTHORITY AND APPLICABILITY A. General Authority The MSTND is an overlay district superimposed on all Underlying Zoning districts including the Industrial-1 (I-1), Residential-1 (R-1), Danvers Town Center-Core (…

General category INDUSTRIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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