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Property profile

342 Main St Andover, MA 01810

OFF-MARKET
Office buildings
Property ID
US38-0603561
9,633 SF 0.57 ac lot Built 1900
Last sale Feb 1995 · $950,000
Individually Owned Owner of record is an individual. 31-yr Hold Held for 31 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is located in Shawsheen Square in Andover and contains combined retail and office space within a 13,500-square-foot building positioned at a high-visibility intersection. Retail space is available on the first floor and is designed to be configured into two sections, approximately 1,750 square feet and 2,550 square feet. Professional office space is located on the third floor and is accessible by elevator.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$54k
Tax billed · 2024
Assessed value$2.11M
Assessed land$484k
Assessed improvement$1.63M
Effective rate2.55%

Value estimate

· Oct 2026
$2.46M
$2.21M – $2.70M
Submarket $/SF estimate$2.93M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$254/SF
ZIP average, outlier-cleaned · 22 recorded sales of this use type
Observed band · Q1–Q3$179 – $308
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
GB
The purpose of this district is to provide general commercial uses
General categoryCOMMERCIAL
JurisdictionANDOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store9.9
Barber Shop9.9
Daycare Center9.9

Location

342 Main St Andover, MA 01810-2636
County assessor Recorded deeds · 3 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
138 Riv, Andover, MA 01810-1072 $3,862,500 Jan 2024 64,579 SF
15 Railroad, Andover, MA 01810-4054 $875,000 Feb 2023 4,200 SF
33 Chestnut, Andover, MA 01810-3623 $2,088,000 Dec 2021 5,337 SF
79 Main, Andover, MA 01810-3510 $1,000,000 Jun 2021 4,320 SF
38 Essex, Andover, MA 01810-3761 $1,000,000 Jan 2020 4,279 SF
1 Tech, Andover, MA 01810-2453 $2,000,842 Sep 2019 90,557 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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