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Financial
Distress signals
Property profile

35 Water St 1 Amesbury, MA 01913

FOR LEASE
Other office properties
Property ID
US38-2250282
31,784 SF Built 1984
Last sale Oct 2021 · $2,900,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a 14,000-square-foot flex building within a mill-style structure constructed in 1986, integrating industrial, office, and retail use characteristics. It includes a loading dock, interior delivery access, and a freight elevator serving all levels, supporting receiving and movement of materials. The building’s layout is configured to accommodate a variety of commercial interior uses, combining workspace, customer-facing areas, and internal distribution capabilities. The property…

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?
$44k
Tax billed · 2024
Assessed value$2.80M
Assessed improvement$2.80M
Effective rate1.56%

Value estimate

· Oct 2026
$4.18M
$3.76M – $4.59M
AI approach$4.09M
Submarket $/SF estimate$3.25M
NOI build-up
Gross scheduled income$241k
Vacancy & credit loss−$13k
Operating expenses−$68k
NOI · 886,411.11% cap applied$160k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$257/SF
County average, outlier-cleaned · 417 recorded sales of this use type
Observed band · Q1–Q3$156 – $403
Qualifying comparables3

Cap rate analysis

How does the asset earn?
886,411.11%
$160k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
IC
The purpose of this district is to provide industrial uses.
General categoryINDUSTRIAL
JurisdictionAMESBURY

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency24.4
Building Supply24.0
Wholesale Shop21.5

Location

35 Water St, Unit 1 Amesbury, MA 01913
County assessor Recorded deeds · 7 transfers 3 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
207th Elm St207r, Amesbury, MA 01913-3820 $406,250 Jun 2022 5,000 SF
26 Haverhill, Amesbury, MA 01913-2247 $300,000 Jan 2022 4,698 SF
40 Water, Amesbury, MA 01913-2915 $925,000 Jun 2021 25,843 SF
34 Water St, Amesbury, MA 01913-2915 $2,050,000 Mar 2021 9,955 SF
100 Main, Amesbury, MA 01913-2822 $1,100,000 Feb 2020 6,300 SF
17 Chestnut, Amesbury, MA 01913-3024 $743,000 Mar 2019 11,645 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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