Financial
Distress signals
Property profile

242 John Wise Ave Essex, MA 01929

OFF-MARKET
Office buildings
Property ID
US38-0970516
5,622 SF 1 ac lot Built 1969
Last sale Oct 2020 · $725,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$824k
Assessed land$370k
Assessed improvement$454k
Effective rate1.33%

Value estimate

· Sep 2026
$1.29M
$1.16M – $1.42M
Sales comparison$1.30M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$257/SF
County average, outlier-cleaned · 417 recorded sales of this use type
Observed band · Q1–Q3$156 – $403
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C00
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.4
Auto Repair Shop9.2
Realty agency8.6

Location

242 John Wise Ave Essex, MA 01929-1027
County assessor Recorded deeds · 10 transfers 8 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.

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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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