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Financial
Distress signals
Property profile

2 Electronics Ave 14 Danvers, MA 01923

FOR LEASE
Other industrial properties
Property ID
US38-1624516
18,067 SF 1.97 ac lot Built 1977
Last sale Jan 2008 · $2,540,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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2 Electronics Ave,Unit 14, Danvers, MA 01923 For Lease
$14 SF/Yr 1,329 SF available
2 Electronics Ave,Unit 14, Danvers, MA 01923
View Listing

Property summary

AI-generated overview

Suite 9 comprises approximately 270 square feet and is configured as one large room. The suite has its own thermostat controlling central air conditioning and heat, and utilities are separately metered for independent operating cost control. The suite is located within 2 Electronics Avenue in the Danvers Industrial Park campus, which includes a mix of industrial, R&D, distribution, and professional services uses. The campus provides access to major routes including Routes 95, 1, 62, 114 and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$46k
Tax billed · 2024
Assessed value$2.47M
Assessed land$850k
Assessed improvement$1.62M
Effective rate1.86%

Value estimate

· Oct 2026
$3.09M
$2.78M – $3.39M
CAP approach$2.96M
Submarket $/SF estimate$3.19M
NOI build-up
Gross scheduled income$45k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 175,107.14% cap applied$25k

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

Recently sold

What actually traded nearby?
$164/SF
County average, outlier-cleaned · 211 recorded sales of this use type
Observed band · Q1–Q3$100 – $254
Qualifying comparables7

Cap rate analysis

How does the asset earn?
175,107.14%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I2
The purpose of this district is to provide industrial uses.
General categoryINDUSTRIAL
JurisdictionDANVERS

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant18.2
Auto Repair Shop15.9
Realty agency14.2

Location

2 Electronics Ave, Unit 14 Danvers, MA 01923
County assessor Recorded deeds · 7 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 · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
76 Ash, Danvers, MA 01923-2719 $5,000,000 Oct 2024 17,568 SF
1 Industrial, Danvers, MA 01923-1039 $9,000,000 Jun 2022 46,518 SF
46 Prince, Danvers, MA 01923-1693 $1,750,000 Dec 2021 9,186 SF
6 Gdn, Danvers, MA 01923-1431 $1,810,000 Aug 2021 9,232 SF
13 Ml, Danvers, MA 01923-3310 $1,340,000 May 2021 10,480 SF
44 Gdn, Danvers, MA 01923-5309 $775,000 Nov 2019 54,616 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
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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