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    Property profile & analytics

    2060 Washington St Hanover, MA 02339-1617

    • Automotive properties
    • 25,007 SF
    • 7.88 lot acres
    OFF-MARKET
    Value Estimation
    $8,955,000
    Last Sale
    Mar 13, 2023
    $10,500,000
    Location Intelligence
    Property ID
    US38-1473336
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Automotive properties

    Property Details for 2060 Washington St

    Year built
    2011
    Construction
    STEEL FRAME
    Lot size
    7.88 lot acres
    Property size
    25,007 SF
    Zone code
    C
    Property type
    Automotive properties
    APN
    HANO M:05 L:043
    APU
    HANOM05L043

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $8,475,000

    • CAP approach

      CAP return
      Estimation
      6%
      $11,055,000
      6.5%
      $9,695,000
      7%
      $11,085,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $9,645,000
      Geo Method
      $9,595,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $9,070,000
      Retail
      $9,370,000
      Mixed-Use
      $9,275,000
      Hospitality
      $11,620,000
      Educational
      $11,770,000
      Residential Income
      $10,895,000
      Energy
      $12,320,000
      Income-Based Land
      $9,630,000
      Food Service
      $11,030,000

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8502
    Latitude
    42.1549
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $75,421
    $2,701,800
    $2,905,700
    $5,607,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      46,305 SF

      880 Washington St

      VEHICLE SALES, RENTALS • 46,305 SF
      880 Washington St, Hanover, MA 02339-1609
      View Details
    • Value Estimation by Request
      12,016 SF

      1 Mento Dr

      VEHICLE SALES, RENTALS • 12,016 SF
      1 Mento Dr, Hanover, MA 02339-1604
      View Details
    • Value Estimation by Request
      13,000 SF

      860 Washington St

      VEHICLE SALES, RENTALS • 13,000 SF
      860 Washington St, Hanover, MA 02339-1609
      View Details
    • Value Estimation by Request
      12,261 SF

      2144 Washington St

      VEHICLE SALES, RENTALS • 12,261 SF
      2144 Washington St, Hanover, MA 02339-1634
      View Details
    • Value Estimation by Request
      23,968 SF

      596 Washington St

      VEHICLE SALES, RENTALS • 23,968 SF
      596 Washington St, Hanover, MA 02339-2370
      View Details
    • Value Estimation by Request
      6,480 SF

      325 Columbia Rd

      CAR WASH • 6,480 SF
      325 Columbia Rd, Hanover, MA 02339-2325
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Hanover Commercial Development Opportunity

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      775-785 Washington St, Hanover, MA 02339
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    Similar Nearby for Lease

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      Hanover Retail Space - Prime Location

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    • Contact for pricing
      2,021 SF

      Retail Space in Merchants Row

      2,021 SF retail space available in Hanover, Massachusetts.
      2103 Washington St, Hanover, MA 02339
      View Details
    • $17 SF/Yr

      Industrial Space with Commercial Kitchen

      Norwood industrial space suitable for commissary kitchen or food production.
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    • $25 SF/Yr
      2,147 SF

      Retail Space in Hanover, MA

      Retail space available for lease in Hanover, Massachusetts.
      1267-1279 Washington St, Hanover, MA 02339
      View Details
    • Contact for pricing
      3,024 SF

      Retail Building on Route 53

      Retail building with frontage on Route 53 for rent.
      785 Washington St, Hanover, MA 02339
      View Details
    • Contact for pricing
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      Retail Space Available Now

      4,400 SF retail space available for lease.
      1376 Washington St, Hanover, MA 02339
      View Details
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    Hanover, MA 02339-1617
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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