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Property profile & analytics
OFF-MARKET
Turn key restaurants
1583 Andover St Tewksbury, MA 01876-1107
Individually Owned
10-yr Hold
Property ID
US38-2342507
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2020
Total area
1,108 SF
Lot
0.31 ac (13,365 SF)
Zoning code
RG
APN
TEWK M:0053 L:0003 U:0000
UPID
US38-2342507
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
-
Aroma Joe's Coffee Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Daly 1583 Andover St T · 10 yrs held
Daly 1583 Andover St T
since 2015
7 recorded transactions
Zoning & alternative use
RG · Tewksbury, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Tewksbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tewksbury 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,036
Tax year 2024
Assessed value
$556,100
Assessed 2024
Previous assessed
$556,100
+0.0% YoY
Effective rate
2.52%
On assessed value
Assessed land
$261,700
Assessed improvement
$294,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2020
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
1,108 SF
Lot
0.31 ac (13,365 SF)
Zoning code
RG
APN
TEWK M:0053 L:0003 U:0000
UPID
US38-2342507
Jurisdiction
TEWKSBURY
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RG · Tewksbury, MA
Zoning RG · permitted uses
RG · Tewksbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Tewksbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Daly 1583 Andover St T
Individual
Mailing address
229 STEDMAN ST, LOWELL, MA 01851-2705
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2021
—
Kennedy Commons LLC
—
Deed
related
$8,852,060 · Lowell Five Cents Savings Bank
Dec 18, 2015
$325,000
Daly 1583 Andover St T
Cheryl A Lee
Quit Claim Arm's Length For Ne States
$260,000 · Lowell Five Cents Savings Bank
Feb 12, 2007
—
Derrick Lee
—
Deed Of Trust
related
$308,000 · Saxon National Mortgage
Nov 30, 2005
$330,000
Derrick Lee
Gilmore,janet A
Grant Deed
$280,500 · Chase Manhattan Bank
Jan 9, 2004
—
Janet A Gilmore
—
Deed Of Trust
related
$20,000 · Gary Needham
Aug 8, 2003
—
Janet A Gilmore
—
Deed Of Trust
related
$135,000 · Chase Manhattan Mortgage Corp
Jan 7, 2002
—
Janet A Gilmore
—
Deed Of Trust
related
$135,000 · Chase Manhattan Mortgage Corp
Mar 29, 1996
$155,000
Janet Gilmore
Willette,dennis
Grant Deed
$139,500 · Chase Manhattan Mortgage Corp
Apr 22, 1993
$133,000
Dennis W Willette
Chun,mison
Grant Deed
$106,400 · Ipswich Savings Bank
Aug 28, 1987
$184,900
Mison Chun
Stevens,paul R
Grant Deed
$138,400 · Margaretten Corp
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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