Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$46,545,000
Office buildings
222 Rosewood Dr Danvers, MA 01923-4520
Entity Owned
9-yr Hold
Free & Clear
Property ID
US38-0987932
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
STEEL FRAME
Total area
175,699 SF
Lot
22.91 ac (997,960 SF)
Zoning code
R3
APN
DANV M:039 L:117 P:
UPID
US38-0987932
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
Current use
Occupant on record · Public records
-
Babcock Power Inc Production Facility
-
Network Coverage Tech Support Center IT Consulting Firm
-
Gorton & Company, P.C. Accounting Firm Tax Preparation
-
Fisette & Ranta Law Firm
-
McCarthy Investment Group Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$30.45M
Blend (final)
Blend
$46.55M
Owner & transaction history
Cbm Real Estate Acq LLC · 9 yrs held
Cbm Real Estate Acq LLC
since 2016
4 recorded transactions
Zoning & alternative use
R3 · Danvers, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of this district is to provide residential uses.
Zone name
Residential 3
General category
RESIDENTIAL
Zone area
2,389.99 ac
Source
Realmo
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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$46.55M
Range $41.89M – $51.20M · ±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
$265 / 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
$357,806
Tax year 2024
Assessed value
$19,236,900
Assessed 2024
Previous assessed
$19,236,900
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$10,612,600
Assessed improvement
$8,624,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1990
Construction
STEEL FRAME
Heating
GRAVITY
Cooling
YES
Buildings
1
Stories
11
Units
9
Bathrooms
22
Total area
175,699 SF
Lot
22.91 ac (997,960 SF)
Zoning code
R3
APN
DANV M:039 L:117 P:
UPID
US38-0987932
Jurisdiction
DANVERS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Danvers, MAZoning R3 · permitted uses
R3 · Danvers, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of this district is to provide residential uses.
Zone name
Residential 3
General category
RESIDENTIAL
Zone area
2,389.99 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1990
Construction
STEEL FRAME
Heating
GRAVITY
Cooling
Yes
Stories
11
Buildings
1
Units
9
Bathrooms
22
Lot
22.91 ac
Current owner
From public records · entity-resolved
Cbm Real Estate Acq LLC
Entity
Free & Clear · 9 yrs held
Mailing address
222 ROSEWOOD DR, DANVERS, MA 01923-4520
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 20, 2017
—
Cmb Real Estate Acq Ll
—
Deed
related
$12,500,000 · East Boston Savings Bank
Dec 6, 2016
$18,900,000
Cbm Real Estate Acq LLC
Csfb 2004-c3
Quit Claim Deed
—
Mar 25, 2004
$23,300,000
Oasis Northwoods LLC
Phoenix Life Ins Co
Grant Deed
$17,200,000 · Column Financial INC
Mar 6, 1997
$13,025,000
Rosebrook LLC
Northwoods Bus Pk 4 RT
Grant Deed
$10,465,000 · Fleet National Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 222 Rosewood Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
