Property profile

240 Newburyport Tpke Rowley, MA 01969

OFF-MARKET
Warehouses
Property ID
US38-1057619
4,500 SF 1.14 ac lot Built 1982
Individually Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1982
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,500 SF
Lot 1.14 ac (49,658 SF)
APN ROWL M:0013 B:0012 L:0002
UPID US38-1057619

Cap rate & NOI

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

Location

240 Newburyport Tpke Rowley, MA 01969-2003
Rowley metro Census 270100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$895k
Comparable Approach Comparable
by Request
Blend (final) Blend
$350k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2019
$1.3M
2015
Price N/A
2013
Price N/A

Zoning & alternative use

Top alternative use upside
Retail stores $1.0M +58.2%
Commercial (general) $895,000 +41.7%

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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