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Financial
Distress signals
Property profile

231 Cabot St Beverly, MA 01915

FOR LEASE
Other investment properties
Property ID
US38-1416343
4,672 SF 0.04 ac lot Built 1890
Last sale Sep 2009 · $1
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This downtown retail storefront is configured with approximately 2,350 +/- square feet total across street-level and a lower level. The entry features a glass vestibule leading into an open area of about 1,582 +/- square feet, which is surrounded on both sides by windows for customer-facing exposure toward Cabot Street and Church Street. The lower level contains approximately 768 +/- square feet suitable for storage and includes access to a private restroom dedicated to the space. The property…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2024$845k
Assessed land$170k
Assessed improvement$675k

Value estimate

· Oct 2026
$865k
$779k – $952k
Submarket $/SF estimate$551k
NOI build-up
Gross scheduled income$56k
Vacancy & credit loss−$1k
Operating expenses−$17k
NOI · 1,430.04% cap applied$39k

Realmo valuation models over county records and 31 qualifying comparable sales.

Recently sold

What actually traded nearby?
$301/SF
ZIP average, outlier-cleaned · 60 recorded sales of this use type
Observed band · Q1–Q3$167 – $599
Qualifying comparables31

Cap rate analysis

How does the asset earn?
1,430.04%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CC
In CC District, 55 feet when "RHD" is the abutting residential district. In CC2 subdistrict, 45 feet with no more than four stories. In b...
General categoryCOMMERCIAL
JurisdictionBEVERLY

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store9.6
Parking Facility9.6
Food Market9.5

Location

231 Cabot St Beverly, MA 01915
County assessor Recorded deeds · 10 transfers 31 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
685 Hale, Beverly, MA 01915-2166 $970,000 Apr 2025 3,940 SF
43 Bow, Beverly, MA 01915-4583 $630,000 Dec 2024 3,624 SF
25 Hale, Beverly, MA 01915-5268 $1,255,000 Aug 2024 5,796 SF
24 12th Cabot, Beverly, MA 01915-4836 $182,000 Jun 2024 4,440 SF
208 Rantoul, Beverly, MA 01915-4288 $700,000 Nov 2023 7,040 SF
196 Cabot, Beverly, MA 01915-5716 $970,000 Oct 2022 5,205 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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