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Property profile

16 Perry Way Newburyport, MA 01950

FOR SALE
Other warehouses
Property ID
US38-1618634
15,520 SF 2.11 ac lot Built 2002
Last sale Dec 1998 · $130,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a truck terminal facility constructed in 2002, configured for medium-duty vehicle service and indoor storage. It includes six front drive-in doors sized 14 feet by 14 feet, two additional rear drive-in doors, and a smaller rear service bay. Service support features include floor drains, an MDC trap, and a 2,000-gallon above-ground diesel tank. Interior space comprises a finished office area with an ADA bathroom, with a second bathroom and a storage mezzanine located above the…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$13k
Tax billed · 2024
Assessed value$1.34M
Assessed land$422k
Assessed improvement$915k
Effective rate1.00%

Value estimate

· Oct 2026
$1.61M
$1.45M – $1.77M
Submarket $/SF estimate$1.97M
NOI build-up
Gross scheduled income$250k
Vacancy & credit loss−$14k
Operating expenses−$71k
NOI · 1,269,884.62% cap applied$165k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$141/SF
County average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$63 – $215

Cap rate analysis

How does the asset earn?
1,269,884.62%
$165k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionNEWBURYPORT

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant21.4
Auto Parts Store17.7
Pharmacy14.3

Location

16 Perry Way Newburyport, MA 01950
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
6 New Pasture, Newburyport, MA 01950-4040 $150,000 Feb 2024 10,000 SF
3 Stanley Tucker, Newburyport, MA 01950-4029 $2,900,000 Mar 2023 14,696 SF
17 Graf, Newburyport, MA 01950-4014 $1,650,000 Dec 2021 10,250 SF
6 Mulliken, Newburyport, MA 01950-4020 $1,800,000 Apr 2021 14,400 SF
8 Opportunity, Newburyport, MA 01950-4043 $2,100,000 Feb 2021 19,200 SF
69 Parker, Newburyport, MA 01950-4012 $45,000 Oct 2020 15,299 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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