Technical
Financial
Distress signals
Property profile

197 Newbury St Danvers, MA 01923

OFF-MARKET
Showrooms
Property ID
US38-2376700
6,240 SF 1.54 ac lot Built 2018
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2018
Construction STEEL FRAME
Total area 6,240 SF
Lot 1.54 ac (67,082 SF)
Zoning code HC
APN DANV M:024 L:021B P:
UPID US38-2376700

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
  • Auto Repair Shop
  • Animal Training
  • Animal Training
  • Property Management Company
  • Animal Training

Location

197 Newbury St Danvers, MA 01923-1195
Danvers metro Census 211402 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$850k

Owner & transaction history

since 2025
Last sale
$925,000
4 recorded transactions
2025
$3.5M
2022
Price N/A
2017
$925,000
2006
$900,000

Zoning & alternative use

HC · Danvers, MA
Zoning description

-IA District TABLE 3 - TABLE OF DIMENSIONAL REQUIREMENTS - COMMERCIAL & INDUSTRIAL - (* see section 7.3 for Supplemental Provisions) approved by Town Meeting on Janaury 29, 2007 PARKING SETBACKS from HIGHWAY CORRIDOR (HC…

General category UNKNOWN
Top alternative use upside
Retail stores $1.4M +12.3%

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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