161 Andover St Danvers, MA 01923-1418
Property profile & analytics
161 Andover St, Danvers, MA 01923-1418
- Commercial real estate
- 14,664 SF
- 9.47 lot acres
Property ID
US38-1586379
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- CarMax / Car Dealership
Property Details for 161 Andover St
- Year built
- 2015
- Construction
- STEEL FRAME
- Lot size
- 9.47 lot acres
- Zone code
- R114
- Property type
- Commercial real estate
- APN
- DANV M:048 L:016 P:
- APU
- DANVM048L016P
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Feb 6, 2017 | $23,575,000 | Mdc Coast 2 LLC | 161 Andover Street LLC | Quit Claim Deed | — |
| May 22, 1998 | — | 161 Andover St LLC | — | Deed Of Trust · related | $8.2M · Captec Fincl Grp Fund |
| Jun 7, 1996 | $4,500,000 | 161 Andover Street LLC | Grs Realty Co INC | Grant Deed | — |
| Apr 8, 1996 | — | Grs Realty Co | — | Deed Of Trust · related | $35.5M · Combined Investors |
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $4,950,000
- 6.5%
- $4,570,000
- 7%
- $4,240,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $4,360,000
- AI Estimate
- $3,929,000
Market price range: $1.64M - $4.36MMarket price range: $1.12M - $3.93M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $2,905,000 Current use
- RESTAURANT
- $5,060,000 Change: +74% Conversion: Difficult
- APARTMENT HOUSE (5+ UNITS)
- $4,690,000 Change: +61% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,515,000 Change: +21% Conversion: Difficult
- RETAIL STORES
- $3,260,000 Change: +12% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Danvers
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9713
- Latitude
- 42.5598
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$154,948
$7,586,600
$2,272,300
$9,858,900
-
$0.00
$0.00
$0.00
