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Property profile & analytics
OFF-MARKET
Estimated value
$520,000
Specialty properties
32 Bradley Rd Andover, MA 01810-5642
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-0358503
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1978
Construction
FRAME
Total area
2,879 SF
Lot
0.79 ac (34,543 SF)
Zoning code
SRA
APN
ANDO M:00137 B:00072 L:00000
UPID
US38-0358503
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
-
Waltham Sq Waltham Department Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$684k
Blend (final)
Blend
$520k
Owner & transaction history
Cmarc INC · 19 yrs held
Cmarc INC
since 2006
7 recorded transactions
Zoning & alternative use
SRA · Andover, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$730,000
+15.8%
Auto repair, garage
$690,000
+9.4%
Retail stores
$640,000
+1.5%
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 Andover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Andover 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
$340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS
$630,000
Current use
OFFICE BUILDING
$730,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$690,000
Change: +9% · Conversion: Difficult
RETAIL STORES
$640,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$575,000
Change: -9% · Conversion: Difficult
Blend value · Realmo final
$520k
Range $468k – $572k · ±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
$181 / 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
Assessed value
$862,300
Assessed 2024
Previous assessed
$784,900
+9.9% YoY
Assessed land
$550,800
Assessed improvement
$311,500
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1978
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Rooms
10
Bathrooms
3
Total area
2,879 SF
Lot
0.79 ac (34,543 SF)
Zoning code
SRA
APN
ANDO M:00137 B:00072 L:00000
UPID
US38-0358503
Jurisdiction
ANDOVER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
SRA · Andover, MA
Zoning SRA · permitted uses
SRA · Andover, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Andover. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
Est. value
$630,000
OFFICE BUILDING
Est. value
$730,000
AUTO REPAIR, GARAGE
Est. value
$690,000
RETAIL STORES
Est. value
$640,000
COMMERCIAL (GENERAL)
Est. value
$575,000
CLUBS, LODGES, PROFESSIONAL ASSOCIATIONS Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1978
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Rooms
10
Bathrooms
3
Lot
0.79 ac
Current owner
From public records · entity-resolved
Cmarc INC
Entity
Mailing address
147 NEW BOSTON ST, WOBURN, MA 01801-6201
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 25, 2024
—
Nupath INC
—
Deed
related
$3,000,000 · Northern Bank & Trust Co
Jul 1, 2008
—
Central Mass Assoc
—
Deed Of Trust
related
$363,000 · Community Economic
Aug 24, 2007
—
Cmarc INC
—
Deed Of Trust
related
$37,758 · Andover Town Of
Dec 28, 2006
$519,900
Cmarc INC
Kathleen T Mccue
Deed
$415,900 · Northern Bk & Tr Co
Mar 30, 2001
—
Kathleen T Mccue
—
Deed Of Trust
related
$300,000 · Winchester Savings Bank
Apr 23, 1999
$366,900
Kathleen T Mccue
Ellis-hackett,carol
Grant Deed
$281,000 · Winchester Savings Bank
Apr 16, 1996
$274,500
Carol Hackett
Grillo,annette
Grant Deed
$205,800 · Patriot Funding LP
Apr 16, 1996
—
Carol Hackett
—
Deed Of Trust
related
$13,800 · Patriot Funding LP
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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