Property profile

18 Riverside Ave Danvers, MA 01923

OFF-MARKET
Manufacturing properties
Property ID
US38-1110341
12,376 SF 0.68 ac lot Built 1955
Individually Owned 31-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1955
Construction STEEL FRAME
Total area 12,376 SF
Lot 0.68 ac (29,786 SF)
Zoning code I1
APN DANV M:052 L:209 P:
UPID US38-1110341

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
  • General Contractor Renovation Specialist

Location

18 Riverside Ave Danvers, MA 01923-3281
Danvers metro Census 211201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.39M
Blend (final) Blend
$1.31M

Owner & transaction history

since 1995
3 recorded transactions
1995
Price N/A
1995
$465,000
1995
Price N/A

Zoning & alternative use

I1 · Danvers, MA
Zoning description

137 22.2 AUTHORITY AND APPLICABILITY A. General Authority The MSTND is an overlay district superimposed on all Underlying Zoning districts including the Industrial-1 (I-1), Residential-1 (R-1), Danvers Town Center-Core (…

General category INDUSTRIAL

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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