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    Property profile & analytics

    397 Cabot St Beverly, MA 01915-3103

    • Retail space
    • 2,968 SF
    • 0.11 lot acres
    OFF-MARKET
    Value Estimation
    $265,000
    Last Sale
    Sep 02, 2020
    $190,000
    Location Intelligence
    Property ID
    US38-0945831
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 397 Cabot St

    Year built
    1940
    Construction
    CONCRETE
    Lot size
    0.11 lot acres
    Property size
    2,968 SF
    Zone code
    CN
    Property type
    Retail space
    APN
    BEVE M:0030 B:0172 L:
    APU
    BEVEM0030B0172L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $245,000

    • CAP approach

      CAP return
      Estimation
      6%
      $290,000
      6.5%
      $295,000
      7%
      $280,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $325,000
      Geo Method
      $310,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $310,000
      Retail
      $345,000
      Mixed-Use
      $345,000
      Hospitality
      $305,000
      Educational
      $325,000
      Residential Income
      $345,000
      Energy
      $255,000
      Income-Based Land
      $275,000
      Food Service
      $270,000

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8813
    Latitude
    42.5585
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $7,258
    $210,600
    $120,200
    $330,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,120 SF

      15 Ww St

      RETAIL STORES (PERSONAL SERVICES) • 2,120 SF
      15 Ww St, Beverly, MA 01915-2225
      View Details
    • Value Estimation
      $490,000
      3,510 SF

      294 Cabot St

      RETAIL STORES (PERSONAL SERVICES) • 3,510 SF
      294 Cabot St, Beverly, MA 01915-4530
      View Details
    • Value Estimation
      $405,000
      6,862 SF

      380 Cabot St

      RETAIL STORES (PERSONAL SERVICES) • 6,862 SF
      380 Cabot St, Beverly, MA 01915-3304
      View Details
    • Value Estimation
      $500,000
      4,765 SF

      402 Cabot St

      RETAIL STORES (PERSONAL SERVICES) • 4,765 SF
      402 Cabot St, Beverly, MA 01915-3147
      View Details
    • Value Estimation
      $430,000
      3,335 SF

      139 Dodge St

      RETAIL STORES (PERSONAL SERVICES) • 3,335 SF
      139 Dodge St, Beverly, MA 01915-1729
      View Details
    • Value Estimation
      $565,000
      6,342 SF

      13 Elliott St

      RETAIL STORES (PERSONAL SERVICES) • 6,342 SF
      13 Elliott St, Beverly, MA 01915-3308
      View Details

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      Turnkey Brewery and Taproom Opportunity

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      Turnkey Brewery and Taproom Business

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      large reception\/waiting room area

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    Similar Nearby for Lease

    • $22 SF/Yr
      1,200 SF

      Retail Suite in Cabot Plaza

      1,200 SF retail suite in downtown Beverly.
      409 Cabot St, Beverly, MA 01915
      View Details
    • $33 SF/Yr

      Downtown Beverly Commercial Building

      2,921 SF commercial building in downtown Beverly for lease.
      306 Cabot St, Beverly, MA 01915
      View Details
    • Contact for pricing
      19,866 SF

      Retail Space in Beverly Center

      Retail space available in a Dollar Tree-anchored shopping center.
      377 Cabot St, Beverly, MA 01915
      View Details
    • $22 SF/Yr
      913 SF

      Retail Space in Cabot Plaza

      913 SF retail suite in downtown Beverly for lease.
      409 Cabot St, Beverly, MA 01915
      View Details
    • $4,000 /Mo

      Turn-Key Restaurant in Downtown Beverly

      Open-concept restaurant space available for lease in downtown Beverly.
      374 Rantoul St, Beverly, MA 01915
      View Details
    • $1.00 SF/Yr

      Restaurant Space Near Beverly Depot

      Second generation quick serve pizzeria space for rent.
      202 Rantoul St, Beverly, MA 01915
      View Details

    Property Visit Statistics

    • Visits by month
      2.3k
    • Visitors by month
      2.2k
    • Avg Time on site
      27 min
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    397 Cabot St
    Beverly, MA 01915-3103
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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