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Property profile & analytics
FOR LEASE
Office buildings
300 Rosewood Dr Danvers, MA 01923
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US38-1313097
For Lease
1 / 2
$18 SF/Yr
300 Rosewood Dr, Danvers, MA 01923
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Construction
STEEL FRAME
Total area
80,639 SF
Lot
12.85 ac (559,746 SF)
Zoning code
R3
APN
DANV M:047 L:002 P:
UPID
US38-1313097
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
-
Guaranteed Rate Loan Service Bank
-
AgeSpan Charitable Organization Social Service Agency
-
FedEx Drop Box Postal Service Courier Service
-
HighQuest Partners Agricultural Service
-
Greater North Shore Link Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.37M
Blend (final)
Blend
$21.00M
Owner & transaction history
Rosewood Dr LLC · 21 yrs held
Rosewood Dr LLC
since 2004
7 recorded transactions
Zoning & alternative use
R3 · Danvers, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Danvers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danvers 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$21.00M
Range $18.90M – $23.09M · ±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
$260 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$157,144
Tax year 2024
Assessed value
$8,448,600
Assessed 2024
Previous assessed
$8,448,600
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$4,497,600
Assessed improvement
$3,951,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
9
Bathrooms
7
Total area
80,639 SF
Lot
12.85 ac (559,746 SF)
Zoning code
R3
APN
DANV M:047 L:002 P:
UPID
US38-1313097
Jurisdiction
DANVERS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R3 · Danvers, MA
Zoning R3 · permitted uses
R3 · Danvers, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danvers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
9
Bathrooms
7
Lot
12.85 ac
Current owner
From public records · entity-resolved
Rosewood Dr LLC
Entity
Mailing address
50 DODGE ST, BEVERLY, MA 01915-1711
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2016
—
Rosewood Drive LLC
—
Deed
related
$4,950,000 · Reading Cooperative Bank
Aug 27, 2012
—
Rosewood Drive LLC
—
Deed Of Trust
related
$4,500,000 · United Bank
Apr 30, 2008
—
Rosewood Dr LLC
—
Deed Of Trust
related
$4,600,000 · Beverly National Bank
Sep 29, 2004
$5,800,000
Rosewood Dr LLC
Cendav Invest Corp
Grant Deed
—
Apr 27, 1998
—
Ventures LP November
—
Deed Of Trust
related
$5,000,000 · Citicorp USA Corp
Dec 23, 1993
—
Novembert Ventures Ltd
—
Deed Of Trust
related
$3,000,000 · South Shore Bank
Dec 3, 1992
$3,750,000
Old Stone Bk
Rosewood 4 Assoc LP
Grant Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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