Property profile

35 Independence Way Danvers, MA 01923

OFF-MARKET
Super regional malls
Property ID
US38-0988148
40,230 SF 4.78 ac lot Built 1971
Entity Owned Free & Clear
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Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1971
Construction STEEL FRAME
Total area 40,230 SF
Lot 4.78 ac (208,217 SF)
Zoning code C3
APN DANV M:063 L:016 P:
UPID US38-0988148

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Alternative Medicine Practice Spa & Massage Center
  • (Bike/Boat/Book/etc) Store
  • Courier Service Postal Service
  • Barber Shop
  • Physician

Location

35 Independence Way Danvers, MA 01923-5535
Danvers metro Census 211201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.49M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.92M
Blend (final) Blend
$1.70M

Owner & transaction history

Zoning & alternative use

C3 · Danvers, MA
Zoning description

The purpose of this section of the Danvers Zoning By-Laws is to define a specific zoning district in the Endicott Street area and to regulate the future growth and development within the district based upon, and consiste…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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