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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Investment properties
200 Conant St, Danvers, MA 01923-2528
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US38-0639301
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1958
Construction
FRAME
Total area
1,792 SF
Lot
2.47 ac (107,593 SF)
Zoning code
R3
APN
DANV M:037 L:005 P:
UPID
US38-0639301
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
$560k
Comparable Approach
Comparable
$533k
Blend (final)
Blend
$525k
Owner & transaction history
Wmsj Company INC · 27 yrs held
Wmsj Company INC
since 1998
6 recorded transactions
Zoning & alternative use
R3 · Danvers, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$430,000
+21.0%
Retail stores
$400,000
+12.3%
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 Danvers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danvers 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%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$355,000
Current use
AUTO REPAIR, GARAGE
$430,000
Change: +21% · Conversion: Difficult
RETAIL STORES
$400,000
Change: +12% · Conversion: Easy
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$293 / 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
Assessed value
$665,100
Assessed 2024
Previous assessed
$665,100
+0.0% YoY
Assessed land
$431,300
Assessed improvement
$233,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1958
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Rooms
7
Bathrooms
2
Total area
1,792 SF
Lot
2.47 ac (107,593 SF)
Zoning code
R3
APN
DANV M:037 L:005 P:
UPID
US38-0639301
Jurisdiction
DANVERS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Danvers, MA
Zoning R3 · permitted uses
R3 · Danvers, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danvers. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$355,000
AUTO REPAIR, GARAGE
Est. value
$430,000
RETAIL STORES
Est. value
$400,000
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1958
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Rooms
7
Bathrooms
2
Lot
2.47 ac
Current owner
From public records · entity-resolved
Wmsj Company INC
Entity
Mailing address
PO BOX 274, DANVERS, MA 01923-0474
Ownership since
1998
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2025
—
W M S J Company INC
—
Deed
related
$981,000 · Salem Five Cents Savings Bank
Jul 9, 1998
$465,000
Wmsj Company INC
Carnevale,mario A
Grant Deed
$200,000 · Beverly National Bank
Jul 9, 1998
—
Wmsj Company INC
—
Deed Of Trust
related
$245,000 · Zenon Grzybowski
Aug 25, 1995
—
Mario A Carnevale
—
Deed Of Trust
related
$60,000 · Baybank
Aug 8, 1994
—
Mario A Carnevale
—
Deed Of Trust
related
$60,000 · Baybank
Apr 8, 1994
—
Mario A Carnevale
—
Deed Of Trust
related
$30,500 · Citizens Mortgage INC
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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