Technical
Financial
Distress signals
Property profile

24 Kondelin Rd Gloucester, MA 01930

OFF-MARKET
Truck terminals
Property ID
US38-0213296
3,000 SF 4.4 ac lot Built 1994
Entity Owned 8-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Truck terminals
Use group TRUCK TERMINAL (MOTOR FREIGHT)
Year built 1994
Construction FRAME
Total area 3,000 SF
Lot 4.4 ac (191,664 SF)
Zoning code GI
APN GLOU M:0197 B:0013 L:0000
UPID US38-0213296

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
  • Waste Management Facility

Location

24 Kondelin Rd Gloucester, MA 01930-5108
Gloucester metro Census 221901 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$295k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$295k

Owner & transaction history

since 2017
3 recorded transactions
2017
$941,016
2014
Price N/A
2009
$935,000

Zoning & alternative use

GI · Gloucester, MA
Zoning description

General Industrial Districts are primarily located along arterial and collector streets. Manufacturing, assembling, processing and other industrial uses are allowed, as are certain businesses. Residential uses are genera…

General category INDUSTRIAL

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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