Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    24 Wenham St Danvers, MA 01923-1704

    • Investment properties
    • 1.34 lot acres
    OFF-MARKET
    Value Estimation
    $575,000
    Last Sale
    Dec 03, 2020
    $585,000
    Location Intelligence
    Property ID
    US38-0803357
    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

    • Investment properties

    Property Details for 24 Wenham St

    Lot size
    1.34 lot acres
    Zone code
    R3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    DANV M:021 L:075 P:
    APU
    DANVM021L075P

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $560,000

    • CAP approach

      CAP return
      Estimation
      6%
      $515,000
      6.5%
      $575,000
      7%
      $485,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $560,000
      Geo Method
      $550,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $445,000
      Retail
      $485,000
      Mixed-Use
      $585,000
      Hospitality
      $475,000
      Educational
      $565,000
      Residential Income
      $540,000
      Energy
      $575,000
      Income-Based Land
      $590,000
      Food Service
      $585,000

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.936
    Latitude
    42.5885
    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
    $0.00
    $409,900
    $281,200
    $691,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      28 Elm St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.34 Acres
      28 Elm St, Danvers, MA 01923-2802
      View Details
    • Value Estimation by Request
      0.24 Acres

      72 Holten St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.24 Acres
      72 Holten St, Danvers, MA 01923-1995
      View Details
    • Value Estimation by Request
      6.90 Acres

      24 Newbury St

      OFFICE/RESIDENTIAL (MIXED USE) • 6.90 Acres
      24 Newbury St, Danvers, MA 01923-1049
      View Details
    • Value Estimation by Request
      0.53 Acres

      48 Putnam St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.53 Acres
      48 Putnam St, Danvers, MA 01923-2076
      View Details
    • Value Estimation by Request
      2,871 SF

      5 Page St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,871 SF
      5 Page St, Danvers, MA 01923-0050
      View Details
    • Value Estimation
      $1,565,000
      0.31 Acres

      7 Brg St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.31 Acres
      7 Brg St, Danvers, MA 01923-3807
      View Details

    Similar Nearby for Sale

    • $1,395,000

      Historic Estate with Adaptive Reuse Potential

      Nationally registered Federal Period masterpiece with potential for adaptive reuse.
      166 High St, Danvers, MA 01923
      View Details
    • $1,525,000

      Mixed-Use Property in Downtown Danvers

      Well-maintained mixed-use property with commercial and residential units.
      15 24, Danvers, MA 01923
      View Details
    • Contact for pricing
      32,000 SF

      New Construction Flex/Industrial Warehouse

      New construction flex/industrial warehouse totaling approximately 32,000 SF.
      13 Popes Ln, Danvers, MA 01923
      View Details
    • New
      $1,599,000
      0.55 Acres

      Cleared Commercial Lot on Route 1

      Prime commercial lot in Danvers with upgraded drainage and parking.
      25 Popes Ln, Danvers, MA 01923
      View Details
    • $300,000
      1.52 Acres

      Danvers Land Near Rail Trail

      1.52 acre residential lot near North Shore amenities.
      63 Adams St, Danvers, MA 01923
      View Details
    • $620,000

      Corner Office Suite For Sale

      Well-designed office suite with abundant natural light and convenient location.
      150 Andover St, Danvers, MA 01923
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,480 SF

      Retail Space in Danvers Plaza

      Retail space for lease in supermarket-anchored Danvers Plaza.
      301 Newbury St, Danvers, MA 01923
      View Details
    • $23 SF/Yr
      18,838 SF

      Danvers Boutique Office Space Available

      Up to 22,000 SF available near Interstate 95.
      99 Conifer Hill Dr, Danvers, MA 01923
      View Details
    • $4,234 /Mo

      Danvers Retail Space For Rent

      Attractive corner retail suite in a high-traffic location.
      435 Newbury St, Danvers, MA 01923
      View Details
    • $16 SF/Yr

      Danvers Office Space For Lease

      Professional office space in Danvers, MA with flexible configurations.
      152 Sylvan St, Danvers, MA 01923
      View Details
    • $5,250 /Mo

      Renovated Commercial Space for Lease

      Renovated commercial space with multiple uses, garage, and parking.
      1 Cheever St, Danvers, MA 01923
      View Details
    • Contact for pricing
      23,665 SF

      Prime Retail Space Available

      Retail space for lease in a high-traffic area.
      50 Independence Way, Danvers, MA 01923
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24 Wenham St
    Danvers, MA 01923-1704
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.