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Financial
Distress signals
Property profile

13 Bartlet St Andover, MA 01810

FOR SALE
Office buildings
Property ID
US38-1778952
3,205 SF 0.1 ac lot Built 1900
Last sale Dec 2014 · $1,075,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A standalone office building constructed in 1900 containing 3,205 square feet of furnished workspace. The interior layout includes a reception area, a naturally lit conference room, five private offices, two private handicap-accessible bathrooms, and a finished lower level. Building and unit features include a gas fireplace, built-in furnishings, central air conditioning, and a security system. The property is located in downtown Andover, near shops, restaurants, and services, with nearby…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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?
$25k
Tax billed · 2024
Assessed value$994k
Assessed land$335k
Assessed improvement$659k
Effective rate2.55%

Value estimate

· Oct 2026
$930k
$837k – $1.02M
Submarket $/SF estimate$988k
NOI build-up
Gross scheduled income$146k
Vacancy & credit loss−$27k
Operating expenses−$30k
NOI · 7.15% cap applied$89k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$254/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$179 – $308
Qualifying comparables6

Cap rate analysis

How does the asset earn?
7.15%
$89k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GB
The purpose of this district is to provide general commercial uses
General categoryCOMMERCIAL
JurisdictionANDOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store10.9
HVAC Service10.6
Wholesale Shop10.4

Location

13 Bartlet St Andover, MA 01810
County assessor Recorded deeds · 6 transfers 6 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
138 Riv, Andover, MA 01810-1072 $3,862,500 Jan 2024 64,579 SF
15 Railroad, Andover, MA 01810-4054 $875,000 Feb 2023 4,200 SF
33 Chestnut, Andover, MA 01810-3623 $2,088,000 Dec 2021 5,337 SF
79 Main, Andover, MA 01810-3510 $1,000,000 Jun 2021 4,320 SF
38 Essex, Andover, MA 01810-3761 $1,000,000 Jan 2020 4,279 SF
1 Tech, Andover, MA 01810-2453 $2,000,842 Sep 2019 90,557 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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