Technical
Financial
Distress signals
Property profile

250 Independence Way Danvers, MA 01923

OFF-MARKET
Super regional malls
Property ID
US38-1708814
35,478 SF 3.66 ac lot Built 1999
Entity Owned 23-yr Hold Free & Clear
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1999
Construction STEEL FRAME
Total area 35,478 SF
Lot 3.66 ac (159,430 SF)
Zoning code C3
APN DANV M:058 L:110 P:
UPID US38-1708814

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
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Printing Service
  • Business Management Consultant
  • Loan Service Financial Advisor
  • Coworking & Hybrid Office

Location

250 Independence Way Danvers, MA 01923
Danvers metro Census 211201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.23M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.88M
Blend (final) Blend
$1.55M

Owner & transaction history

since 2003
3 recorded transactions
2011
Price N/A
2003
$6.7M
2002
Price N/A

Zoning & alternative use

C3 · Danvers, MA
Zoning description

The purpose of this section of the Danvers Zoning By-Laws is to define a specific zoning district in the Endicott Street area and to regulate the future growth and development within the district based upon, and consiste…

General category COMMERCIAL

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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