Property profile

2 Margin St Beverly, MA 01915

OFF-MARKET
Car washes
Property ID
US38-0710021
2,800 SF 0.56 ac lot Built 1999
Entity Owned 25-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Car washes
Use group CAR WASH
Year built 1999
Construction STEEL FRAME
Total area 2,800 SF
Lot 0.56 ac (24,607 SF)
Zoning code IG
APN BEVE M:0010 B:0203 L:
UPID US38-0710021

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
  • Car Wash

Location

2 Margin St Beverly, MA 01915-3015
Beverly metro Census 217300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$455k
CAP Approach CAP
by Request
Comparable Approach Comparable
$589k
Blend (final) Blend
$455k

Owner & transaction history

since 2000
6 recorded transactions
2010
Price N/A
2008
Price N/A
2006
Price N/A
2000
$720,000
1999
Price N/A
1997
$168,000

Zoning & alternative use

IG · Beverly, MA
Zoning description

Commercial (CG), Restricted Industrial (IR), IR Overlay, General Industrial (IG), Hospital District (HD), or Beverly Harbor District (BHD) zones. Additionally, the Design Review Board will review all projects that involv…

General category INDUSTRIAL
Top alternative use upside
Commercial (general) $845,000 +25.6%
Office building $720,000 +7.3%

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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