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Property profile & analytics
OFF-MARKET
Industrial properties
340 Ballardvale St, Andover, MA 01810-5991
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-0776633
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
193.3 ac (8,420,148 SF)
Zoning code
IA
APN
ANDO M:00162 B:00004 L:00000
UPID
US38-0776633
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
-
DEMOULAS PERISHABLE Specialty Food Shop Supermarket
-
Market Basket Distribution Center Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Dsm Mb 1 LLC · 11 yrs held
Dsm Mb 1 LLC
since 2014
6 recorded transactions
Zoning & alternative use
IA · Andover, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$720,116
Tax year 2020
Assessed value
$32,833,600
Assessed 2024
Previous assessed
$28,334,100
+15.9% YoY
Effective rate
2.19%
On assessed value
Assessed land
$5,766,100
Assessed improvement
$27,067,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Heating
NONE
Buildings
5
Units
5
Lot
193.3 ac (8,420,148 SF)
Zoning code
IA
APN
ANDO M:00162 B:00004 L:00000
UPID
US38-0776633
Jurisdiction
ANDOVER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
IA · Andover, MA
Zoning IA · permitted uses
IA · 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.
Building & site characteristics
From public records
Heating
NONE
Buildings
5
Units
5
Lot
193.3 ac
Current owner
From public records · entity-resolved
Dsm Mb 1 LLC
Entity
Mailing address
875 EE ST, TEWKSBURY, MA 01876-1469
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 9, 2016
—
Dsm Mb 1 LLC
—
Deed
related
$850,000,000 · Bank Of America NA
Dec 31, 2014
—
Dsm Mb 1 LLC
Demoulas Super Market INC
Quit Claim Deed
related
$600,000,000 · Morgan Stanley Bk
Aug 20, 2004
$20,000,000
Demoulas Super Market INC
C&s Logistics Of Ando
Grant Deed
—
Feb 19, 2004
—
C&s Logistics Of Andove
—
Deed Of Trust
related
$75,000 · Harris Trust & Savings Bank
Nov 3, 2003
$4,500,000
C&s Logistics Of Andover
Supervalu Holdings INC
Grant Deed
—
Nov 3, 2003
$1
C & S Logistics Of Andove
Supervalu Holdings INC
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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