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Property profile

175 Andover St Danvers, MA 01923

OFF-MARKET
Office buildings
Property ID
US38-1229356
28,870 SF 1.65 ac lot Built 1982
Trust Owned Owner of record is a trust. 33-yr Hold Held for 33 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

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?
$54k
Tax billed · 2024
Assessed value$2.89M
Assessed land$1.66M
Assessed improvement$1.24M
Effective rate1.86%

Value estimate

· Oct 2026
$7.44M
$6.69M – $8.18M
Submarket $/SF estimate$4.70M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$651/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$223 – $885
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HC
The purpose of the Highway Corridor District is to provide for large- scale development in a manner that encourages creative site plannin...
General categoryUNKNOWN
JurisdictionDANVERS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.6
Restaurant27.5
Dental Office24.4

Location

175 Andover St Danvers, MA 01923-5311
County assessor Recorded deeds · 2 transfers 7 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
17 Florence, Danvers, MA 01923 $325,000 Oct 2024 1,195 SF
1 Lummus, Danvers, MA 01923-2903 $342,000 Jun 2024 1,872 SF
18 Park, Danvers, MA 01923-3073 $950,000 Dec 2023 4,290 SF
32 Prince, Danvers, MA 01923-1447 $640,000 Apr 2023 1,470 SF
240 Newbury, Danvers, MA 01923-1067 $1,375,000 Aug 2020 29,094 SF
249 Andover, Danvers, MA 01923-1317 $461,000 Jul 2020 1,734 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

Comparable nearby

  • Value Estimation
    $7,665,000
    28,695 SF
    1 Southside Rd
    OFFICE BUILDING
    1 Southside Rd, Danvers, MA 01923-1408
    View Details
  • Value Estimation
    $7,600,000
    23,772 SF
    152 Sylvan St
    OFFICE BUILDING
    152 Sylvan St, Danvers, MA 01923-3558
    View Details
  • Value Estimation
    $7,160,000
    19,128 SF
    185 Ctr St
    OFFICE BUILDING
    185 Ctr St, Danvers, MA 01923-4512
    View Details
  • Value Estimation
    $3,820,000
    14,044 SF
    11 Elm St
    OFFICE BUILDING
    11 Elm St, Danvers, MA 01923-2809
    View Details
  • Value Estimation
    $3,480,000
    13,459 SF
    32 Maple St
    OFFICE BUILDING
    32 Maple St, Danvers, MA 01923-2896
    View Details
  • Value Estimation
    $3,975,000
    13,288 SF
    125 Liberty St
    OFFICE BUILDING
    125 Liberty St, Danvers, MA 01923-3325
    View Details

Similar Nearby for Sale

  • New
    Contact for pricing
    2,334 SF
    Two-Level Professional Office Building
    Character-rich workspace with flexible offices, updated building systems, and convenient access to regional transportation.
    160 Sylvan St, Danvers, MA 01923
    View Details
  • New
    $250,000
    1,526 SF
    Combined Office Condominium Units
    Professional suite with private restrooms and on-site parking at Hathorne Office Park.
    491 Maple, #207 and 208, Danvers, MA 01923
    View Details
  • New
    $265,000
    1,265 SF
    Second-Floor Office Condominium
    Bright professional suite includes reception space, private offices, conference room, coffee area, restrooms, and full air conditioning.
    100 Conifer Hill Dr, Danvers, MA 01923
    View Details
  • New
    $265,000
    1,265 SF
    Second-Floor Office Condominium
    Bright professional suite with private offices, conference space, restrooms, and assigned parking.
    307-100 Conifer Hill Dr, Danvers, MA 01923
    View Details
  • New
    Contact for pricing
    1,265 SF
    Second-Floor Office Condominium Suite
    Well-appointed office suite with reception area, private offices, conference room, and two restrooms plus assigned parking.
    100 Conifer Hill Dr # 307, Danvers, MA 01923
    View Details
  • New
    Contact for pricing
    1,000 SF
    Third-Floor Office Condominium Suite
    Well-maintained office condo with vaulted ceilings, private offices, elevator access, and assigned parking for clients.
    491 Maple St # 206, Danvers, MA 01923
    View Details

Similar in This City for Lease

  • New
    Contact for pricing
    Elevator-Served Office Building
    Well-maintained three-story building offers move-in-ready office and medical suites with flexible layouts and on-site parking.
    152 Sylvan St, Danvers, MA 01923
    View Details
  • New
    $16.50 SF/Yr
    2,334 sqft
    Two-Level Office Suite
    Flexible professional space combines private offices, open rooms, in-suite restrooms, and updated building systems.
    160 Sylvan St, Danvers, MA 01923
    View Details
  • New
    $14 SF/Yr
    3,510 sqft
    Two-Story Office Building with Parking
    Two-floor office building offers a reception area, private suites, and four restrooms with ample on-site parking.
    247 Newbury St, Danvers, MA 01923
    View Details
  • New
    $3,800/Mo
    2,300 sqft
    Professional Office Suite
    Second-floor office space with reception, conference room, private offices, and shared floor restroom.
    2-10 Elm 2nd Fl, Danvers, MA 01923
    View Details
  • New
    $1,922/Mo
    1,774 sqft
    Second-Floor Office Suite
    6-room second-floor suite with reception, conference room, and five private offices in an elevator-accessible plaza.
    435 Newbury Street, Unit 210-212, Danvers, MA 01923
    View Details
  • New
    $14 SF/Yr
    1,329 sqft
    Medical Office Suite with Private Bathroom
    Four private rooms, reception, waiting space, and dedicated climate controls support a range of professional services.
    2 Electronics Avenue # 14, Danvers, MA 01923
    View Details
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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