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    25 Cabot St Beverly, MA 01915-5048
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    Property profile & analytics

    25 Cabot St Beverly, MA 01915-5048


    • Retail space
    • 1,613 SF
    • 0.13 lot acres
    Off-Market
    Last Sale Dec 11, 2024
    $650,000
    Property ID
    US38-1443366
    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.

    Value Estimations
    $650,000
    Show details
    Cap Rate Potential
    4.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 25 Cabot St

    Year built
    1964
    Construction
    CONCRETE
    Lot size
    0.13 lot acres
    Property size
    1,613 SF
    Zone code
    CC
    Property type
    Retail space
    APN
    BEVE M:0002 B:0001 L:
    APU
    BEVEM0002B0001L

    Description

    This 1,613 sq ft retail building at 25 Cabot St, Beverly, MA 01915, presents a unique redevelopment opportunity. Built in 1964, this single-story, concrete block structure with a membrane roof sits on a 0.128-acre lot (5,593 sq ft) and offers nine paved parking spaces. Currently zoned CC/CC2 (Central Business), it allows for mixed-use development, potentially including residential apartments or condominiums, capitalizing on its waterfront views and proximity to downtown Beverly, parks, shops, and restaurants. The property features a central HVAC system, hard-wired life safety devices, one electric meter, and one natural gas meter. Its convenient location near Beverly Depot and the intersection of Routes 1A and 22 provides easy access to Route 128 and both Gloucester and Boston. The asking price is $675,000. This property is ideal for investors seeking a mixed-use project with significant upside potential in a thriving waterfront community.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $650,000
      ML approach
      $650,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $440,000
      6.5%
      $410,000
      7%
      $380,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $475,000
      Market price range: $223k - $531k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $485,000
      OFFICE BUILDING
      $415,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8848
    Latitude
    42.5417
    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
    $10,571
    $342,900
    $138,900
    $481,800
    -
    $0.00
    $0.00
    $0.00
    More about this property
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