Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4 Armory Rd Danvers, MA 01923-1301

    • Commercial land
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Dec 11, 2020
    Location Intelligence
    Property ID
    US38-1063637
    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

    • Commercial land

    Property Details for 4 Armory Rd

    Lot size
    0.58 lot acres
    Zone code
    HC
    Property type
    Commercial land
    APN
    DANV M:040 L:002 P:
    APU
    DANVM040L002P

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9755
    Latitude
    42.5694
    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
    $3,285
    $176,600
    $0.00
    $176,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.34 Acres

      410 Newbury St

      VACANT COMMERCIAL LAND • 0.34 Acres
      410 Newbury St, Danvers, MA 01923
      View Details
    • Value Estimation by Request
      4.84 Acres

      2 Brooksby Vlg Way

      VACANT COMMERCIAL LAND • 4.84 Acres
      2 Brooksby Vlg Way, Danvers, MA 01923
      View Details
    • Value Estimation by Request
      2.45 Acres

      153 Andover St

      VACANT COMMERCIAL LAND • 2.45 Acres
      153 Andover St, Danvers, MA 01923-1450
      View Details
    • Value Estimation by Request
      1.21 Acres

      490 Newbury St

      VACANT COMMERCIAL LAND • 1.21 Acres
      490 Newbury St, Danvers, MA 01923-1033
      View Details
    • Value Estimation by Request
      4.64 Acres

      140 Andover Str

      VACANT COMMERCIAL LAND • 4.64 Acres
      140 Andover Str, Danvers, MA 01923-1415
      View Details
    • Value Estimation by Request
      1.09 Acres

      40 Prince St

      VACANT COMMERCIAL LAND • 1.09 Acres
      40 Prince St, Danvers, MA 01923-1438
      View Details

    Similar Nearby for Sale

    • New
      $1,599,000
      0.55 Acres

      Cleared Commercial Lot on Route 1

      Prime commercial lot in Danvers with upgraded drainage and parking.
      25 Popes Ln, Danvers, MA 01923
      View Details
    • $1,625,000
      0.55 Acres

      Cleared Commercial Lot on Route 1

      Cleared commercial lot on busy Route 1 in Danvers.
      25 Popes Ln, Danvers, MA 01923
      View Details
    • $8,600,000

      Danvers Redevelopment Land For Sale

      Commercial land available for redevelopment in Danvers, Massachusetts.
      152 Endicott St, Danvers, MA 01923
      View Details
    • $499,999

      Buildable Land Near Route 114

      Close to an acre of raw land for sale.
      267 Centre St, Danvers, MA 01923
      View Details
    • $300,000
      1.52 Acres

      Danvers Land Near Rail Trail

      1.52 acre residential lot near North Shore amenities.
      63 Adams St, Danvers, MA 01923
      View Details
    • Contact for pricing
      32,000 SF

      New Construction Flex/Industrial Warehouse

      New construction flex/industrial warehouse totaling approximately 32,000 SF.
      13 Popes Ln, Danvers, MA 01923
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      6,480 SF

      Retail Space in Danvers Plaza

      Retail space for lease in supermarket-anchored Danvers Plaza.
      301 Newbury St, Danvers, MA 01923
      View Details
    • Contact for pricing
      23,665 SF

      Prime Retail Space Available

      Retail space for lease in a high-traffic area.
      50 Independence Way, Danvers, MA 01923
      View Details
    • Contact for pricing
      32,671 SF

      Danvers Flex Space Sublease

      32,671 SF of flex space available for sublease.
      1 Industrial Dr, Danvers, MA 01923
      View Details
    • Contact for pricing
      3,453 SF

      Danvers Office Space For Rent

      Five-story office building in Ferncroft Village, Danvers.
      55 Ferncroft Rd, Danvers, MA 01923
      View Details
    • $18 SF/Yr
      2,261 SF

      Corporate Campus Office Space

      Office space in a corporate campus setting, accessible location.
      300 Rosewood Dr, Danvers, MA 01923
      View Details
    • $18 SF/Yr
      3,080 SF

      Danvers Office Space For Rent

      Office space in a corporate campus with fitness center.
      99 Rosewood Dr, Danvers, MA 01923
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4 Armory Rd
    Danvers, MA 01923-1301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.