Property profile

17 Railroad St Andover, MA 01810

OFF-MARKET
Turn key restaurants
Property ID
US38-1734525
1,000 SF 0.16 ac lot Built 1930
Entity Owned 21-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1930
Construction FRAME
Total area 1,000 SF
Lot 0.16 ac (6,752 SF)
Zoning code MU
APN ANDO M:00038 B:00001 L:0000B
UPID US38-1734525

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
  • Restaurant

Location

17 Railroad St Andover, MA 01810-3516
Andover metro Census 254200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2004
3 recorded transactions
2004
$236,800
2001
Price N/A
2000
$160,000

Zoning & alternative use

MU · Andover, MA
Zoning description

te a hazard or nuisance. 4. No outdoor lighting shall be mounted higher than 25 feet above finished grade, and lighting sources shall be designed to prevent excessive glare on adjoining property. 8.2 MIXED USE DISTRICT (…

General category MIXED_USE

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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