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    Property profile & analytics

    1835 Washington St Hanover, MA 02339-1666

    • Turn key restaurants
    • 5,192 SF
    • 0.77 lot acres
    OFF-MARKET
    Value Estimation
    $1,140,000
    Last Sale
    Jan 11, 2022
    $1,245,000
    Location Intelligence
    Property ID
    US38-1320905
    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.

    Current Use by Public Records

    • Chick-fil-A / Delivery Service / Family Restaurant

    Property Details for 1835 Washington St

    Year built
    2019
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.77 lot acres
    Property size
    5,192 SF
    Zone code
    C
    Property type
    Turn key restaurants
    APN
    HANO M:11 L:030
    APU
    HANOM11L030

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,080,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,360,000
      6.5%
      $1,150,000
      7%
      $1,345,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,115,000
      Geo Method
      $1,425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,465,000
      Retail
      $1,515,000
      Mixed-Use
      $1,475,000
      Hospitality
      $1,165,000
      Educational
      $1,355,000
      Residential Income
      $1,200,000
      Energy
      $1,405,000
      Income-Based Land
      $1,525,000
      Food Service
      $1,425,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8449
    Latitude
    42.1487
    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
    2024
    $27,934
    $380,400
    $1,696,500
    $2,076,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,501 SF

      811 Washington St

      RESTAURANT • 5,501 SF
      811 Washington St, Hanover, MA 02339-1610
      View Details
    • Value Estimation by Request
      2,315 SF

      416 Columbia Rd

      RESTAURANT • 2,315 SF
      416 Columbia Rd, Hanover, MA 02339-2326
      View Details
    • Value Estimation by Request
      2,387 SF

      46 Rockland St

      RESTAURANT • 2,387 SF
      46 Rockland St, Hanover, MA 02339-2221
      View Details
    • Value Estimation by Request
      2,964 SF

      1231 Washington St

      RESTAURANT • 2,964 SF
      1231 Washington St, Hanover, MA 02339-1620
      View Details
    • Value Estimation by Request
      2,642 SF

      577-579 Washington St

      RESTAURANT • 2,642 SF
      577-579 Washington St, Hanover, MA 02339
      View Details
    • Value Estimation by Request
      8,664 SF

      778 Washington St

      RESTAURANT • 8,664 SF
      778 Washington St, Hanover, MA 02339-1646
      View Details

    Similar Nearby for Sale

    • $2,100,000

      High-Traffic Commercial Space For Sale

      Commercial space with modern renovations and long-term tenants.
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    • $1,699,000

      Commercial Office Space in Hanover

      Office building near Hanover Crossing with high traffic location.
      1399 Washington St, Hanover, MA 02339
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      Hanover Commercial Development Opportunity

      5.87-acre commercial site with frontage on Route 53.
      775-785 Washington St, Hanover, MA 02339
      View Details

    Similar Nearby for Lease

    • $17 SF/Yr

      Industrial Space with Commercial Kitchen

      Norwood industrial space suitable for commissary kitchen or food production.
      44 Industrial Way, Norwood, MA 02339
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      3,770 SF

      Hanover Retail Space - Prime Location

      Former bank, 3,770 sq ft, high visibility.
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      2,021 SF

      Retail Space in Merchants Row

      2,021 SF retail space available in Hanover, Massachusetts.
      2103 Washington St, Hanover, MA 02339
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    • $25 SF/Yr
      2,147 SF

      Retail Space in Hanover, MA

      Retail space available for lease in Hanover, Massachusetts.
      1267-1279 Washington St, Hanover, MA 02339
      View Details
    • Contact for pricing
      3,024 SF

      Retail Building on Route 53

      Retail building with frontage on Route 53 for rent.
      785 Washington St, Hanover, MA 02339
      View Details
    • Contact for pricing
      4,400 SF

      Retail Space Available Now

      4,400 SF retail space available for lease.
      1376 Washington St, Hanover, MA 02339
      View Details
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    1835 Washington St
    Hanover, MA 02339-1666
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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