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Property profile & analytics
OFF-MARKET
Estimated value
$19,515,000
Warehouses
20-24 Computer Dr, Haverhill, MA 01832
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-1833512
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
STEEL FRAME
Total area
202,022 SF
Lot
13.29 ac (578,878 SF)
APN
HAVE M:0548 B:00001 L:10BB
UPID
US38-1833512
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$19.52M
Owner & transaction history
Pip1 Haverhill LLC · 14 yrs held
Pip1 Haverhill LLC
since 2011
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$29.0M
+2.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Haverhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haverhill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$28,410,000
Current use
RETAIL STORES
$28,975,000
Change: +2% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$28,035,000
Change: -1% · Conversion: Easy
Blend value · Realmo final
$19.52M
Range $17.56M – $21.47M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$97 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$237,204
Tax year 2024
Assessed value
$12,258,600
Assessed 2024
Previous assessed
$11,528,200
+6.3% YoY
Effective rate
1.94%
On assessed value
Assessed land
$2,248,000
Assessed improvement
$10,010,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
2
Bathrooms
11
Total area
202,022 SF
Lot
13.29 ac (578,878 SF)
APN
HAVE M:0548 B:00001 L:10BB
UPID
US38-1833512
Jurisdiction
HAVERHILL
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$28.4M
RETAIL STORES
Est. value
$29.0M
INDUSTRIAL (GENERAL)
Est. value
$28.0M
WAREHOUSE, STORAGE Current
RETAIL STORES
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
2
Bathrooms
11
Lot
13.29 ac
Current owner
From public records · entity-resolved
Pip1 Haverhill LLC
Entity
Mailing address
93 SUMMER ST, BOSTON, MA 02110-1207
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 30, 2021
—
Pip1 Haverhill LLC
—
Deed
related
$17,000,000 · Securian Life Ins Co
Dec 20, 2016
—
Brookline Bank
—
Deed
related
$92,500,000 · Pip1 Haverhill LLC
Dec 21, 2011
$15,500,000
Pip1 Haverhill LLC
Suffolk 20 Computer Drive
Grant Deed
$9,500,000 · Worth Funding INC
Aug 21, 2007
$12,400,000
Suffolk 20 Compute Dr LLC
Richs Enterprises RT
Grant Deed
$9,000,000 · Boston Private Bank
Jul 14, 1999
—
Richs Enterprises RT
—
Deed Of Trust
related
$8,960,000 · John Hancock Mutual Life Ins
Oct 25, 1994
—
Richs Dept Stores INC
—
Deed Of Trust
related
$20,000,000 · Congress Financial
Oct 20, 1989
—
Richs Enterprises RT
—
Deed Of Trust
related
$9,250,000 · John Hancock Mutual Life Ins
Sep 28, 1988
$2,000,000
Richs Enterprises RT
Wag Labs INC
Grant Deed
—
—
—
Brookline Bank
—
Deed Of Trust
related
$92,500,000 · Pip1 Haverhill LLC
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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