Property profile

227 Columbia Rd Hanover, MA 02339

OFF-MARKET
Investment properties
Property ID
US38-0113933
3,952 SF 0.23 ac lot Built 1940
Individually Owned 17-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1940
Construction FRAME
Total area 3,952 SF
Lot 0.23 ac (10,019 SF)
Zoning code B
APN HANO M:57 L:085
UPID US38-0113933

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Landscaping General Contractor
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store

Location

227 Columbia Rd Hanover, MA 02339-3211
Hanover metro Census 503102 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$585k
Comparable Approach Comparable
$470k
Blend (final) Blend
$540k

Owner & transaction history

since 2009
7 recorded transactions
2009
$600,000
2003
$385,000
2003
Price N/A
2000
$300,000
1996
$300,000
1996
Price N/A
1989
Price N/A

Zoning & alternative use

B · Hanover, MA
General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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