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Property profile & analytics
OFF-MARKET
Estimated value
$5,680,000
Industrial properties
3 Saber Way, Haverhill, MA 01835-8000
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-0242305
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Construction
STEEL FRAME
Total area
37,288 SF
Lot
4.23 ac (184,455 SF)
Zoning code
TY
APN
HAVE M:0755 B:00001 L:9A-1
UPID
US38-0242305
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
RadonAway Industrial Manufacturer Production Facility
-
Spruce Environmental Technologies Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.10M
Comparable Approach
Comparable
$7.23M
Blend (final)
Blend
$5.68M
Owner & transaction history
Spruce Properties LLC · 10 yrs held
Spruce Properties LLC
since 2015
7 recorded transactions
Zoning & alternative use
TY · Haverhill, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$8.9M
+72.6%
Office building
$8.3M
+61.2%
Retail stores
$5.4M
+3.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Haverhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haverhill submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$6,610,000
6.5%
$6,100,000
7%
$5,665,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,175,000
Current use
AUTO REPAIR, GARAGE
$8,930,000
Change: +73% · Conversion: Easy
OFFICE BUILDING
$8,345,000
Change: +61% · Conversion: Difficult
RETAIL STORES
$5,350,000
Change: +3% · Conversion: Moderate
WAREHOUSE, STORAGE
$5,245,000
Change: +1% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,070,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$5.68M
Range $5.11M – $6.25M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$152 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$90,565
Tax year 2020
Assessed value
$4,586,300
Assessed 2024
Previous assessed
$4,356,800
+5.3% YoY
Effective rate
1.97%
On assessed value
Assessed land
$945,700
Assessed improvement
$3,640,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Units
2
Bathrooms
8
Total area
37,288 SF
Lot
4.23 ac (184,455 SF)
Zoning code
TY
APN
HAVE M:0755 B:00001 L:9A-1
UPID
US38-0242305
Jurisdiction
HAVERHILL
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
TY · Haverhill, MA
Zoning TY · permitted uses
TY · Haverhill, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Haverhill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.2M
AUTO REPAIR, GARAGE
Est. value
$8.9M
OFFICE BUILDING
Est. value
$8.3M
RETAIL STORES
Est. value
$5.4M
WAREHOUSE, STORAGE
Est. value
$5.2M
COMMERCIAL (GENERAL)
Est. value
$5.1M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1997
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Units
2
Bathrooms
8
Lot
4.23 ac
Current owner
From public records · entity-resolved
Spruce Properties LLC
Entity
Mailing address
3 SABER WAY, HAVERHILL, MA 01835-8000
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 15, 2015
—
Spruce Properties LLC
Spruce Properties LLC
Quit Claim Deed
related
—
Oct 1, 2013
$2,033,500
Spruce Properties LLC
Td Bank NA
Quit Claim Deed
$3,978,800 · Bank Of America
Aug 29, 2011
—
Spruce Props LLC
—
Deed Of Trust
related
$2,000,000 · Bank Of America
Oct 31, 2007
$1
Spruce Prop LLC
Spruce Prop LLC
Grant Deed
related
—
May 14, 2004
$2,662,500
Spruce Prop LLC
Haley RT
Grant Deed
$2,130,000 · Fleet National Bank
Dec 28, 2001
$2,000,000
Haley RT
Essex Holdings INC
Grant Deed
$1,500,000 · Mass Mutual Life Ins
Dec 28, 2001
$1,800,000
Essex Holdings INC
Mpc Realty LLC
Grant Deed
related
—
Oct 30, 1998
—
Mpc Rlty LLC
—
Deed Of Trust
related
$3,000,000 · Family Bank
Mar 10, 1998
$79,000
Mpc Rlty LLC
Micromatic Products
Grant Deed
—
Oct 11, 1995
$79,000
Micromatic Products
Neck Road RT
Grant Deed
—
Aug 8, 1989
—
Neck Road RT
—
Deed Of Trust
related
$1,276,000 · Andover Bank
—
—
Spruce Properties LLC
—
Deed Of Trust
related
$2,240,000 · Bank Of America
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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