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    Property profile & analytics

    224 Elliott St Beverly, MA 01915-3047

    • Grocery and convenience stores
    • 62,338 SF
    • 9.30 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1143791
    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

    • Grocery and convenience stores

    Property Details for 224 Elliott St

    Year built
    1997
    Construction
    STEEL FRAME
    Lot size
    9.30 lot acres
    Property size
    62,338 SF
    Zone code
    CG
    Property type
    Grocery and convenience stores
    APN
    BEVE M:0019 B:0105 L:
    APU
    BEVEM0019B0105L

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8868
    Latitude
    42.5553
    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
    $230,578
    $4,535,000
    $5,974,500
    $10,509,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      65,211 SF

      35 Enon St

      GROCERY, SUPERMARKET • 65,211 SF
      35 Enon St, Beverly, MA 01915
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    • Value Estimation by Request
      14,600 SF

      588 Cabot St

      GROCERY, SUPERMARKET • 14,600 SF
      588 Cabot St, Beverly, MA 01915-2550
      View Details
    • Value Estimation by Request
      46,834 SF

      30 Tozer Rd

      SHOW ROOM, WAREHOUSE • 46,834 SF
      30 Tozer Rd, Beverly, MA 01915-5502
      View Details
    • Value Estimation by Request
      2,120 SF

      15 Ww St

      RETAIL STORES (PERSONAL SERVICES) • 2,120 SF
      15 Ww St, Beverly, MA 01915-2225
      View Details
    • Value Estimation
      $345,000
      1,680 SF

      9 Broadway

      SHOW ROOM, WAREHOUSE • 1,680 SF
      9 Broadway, Beverly, MA 01915-4417
      View Details
    • Value Estimation
      $490,000
      3,510 SF

      294 Cabot St

      RETAIL STORES (PERSONAL SERVICES) • 3,510 SF
      294 Cabot St, Beverly, MA 01915-4530
      View Details

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    Similar Nearby for Lease

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      Retail Space in Cabot Plaza

      913 SF retail suite in downtown Beverly for lease.
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      1,200 SF retail suite in downtown Beverly.
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    • Contact for pricing
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      Retail Space in Beverly Center

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    • $4,000 /Mo

      Turn-Key Restaurant in Downtown Beverly

      Open-concept restaurant space available for lease in downtown Beverly.
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      Restaurant Space Near Beverly Depot

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    Property Visit Statistics

    • Visits by month
      49.7k
    • Visitors by month
      24.6k
    • Avg Time on site
      12 min
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    224 Elliott St
    Beverly, MA 01915-3047
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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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