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    Property profile & analytics

    4 Riverside Dr Andover, MA 01810-1121

    • Hotels
    • 62,469 SF
    • 3.86 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0584500
    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

    • Homewood Suites by Hilton Boston / Andover / Extended Stay Hotel
    • china blossom / Chinese Restaurant

    Property Details for 4 Riverside Dr

    Year built
    2000
    Construction
    FRAME
    Lot size
    3.86 lot acres
    Property size
    62,469 SF
    Zone code
    IA
    Property type
    Hotels
    APN
    ANDO M:00125 B:00006 L:00000
    APU
    ANDOM00125B00006L00000

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1928
    Latitude
    42.6932
    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
    $146,859
    $1,897,700
    $3,866,000
    $5,763,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      89,978 SF

      4 Tech Dr

      HOTEL • 89,978 SF
      4 Tech Dr, Andover, MA 01810-2434
      View Details
    • Value Estimation by Request
      76,062 SF

      10 Campanelli Dr

      HOTEL • 76,062 SF
      10 Campanelli Dr, Andover, MA 01810-1018
      View Details
    • Value Estimation by Request
      2.55 Acres

      36 Main St

      COMMERCIAL (GENERAL) • 2.55 Acres
      36 Main St, Andover, MA 01810-3733
      View Details
    • Value Estimation by Request
      9.45 Acres

      368 Main St

      CHARITABLE ORGANIZATION • 9.45 Acres
      368 Main St, Andover, MA 01810-4824
      View Details
    • Value Estimation by Request
      4.84 Acres

      179th Riv Rd

      INDUSTRIAL - VACANT LAND • 4.84 Acres
      179th Riv Rd, Andover, MA 01810-1014
      View Details
    • Value Estimation by Request
      13.33 Acres

      4 Essex Pl

      INDUSTRIAL - VACANT LAND • 13.33 Acres
      4 Essex Pl, Andover, MA 01810-3716
      View Details

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    Similar Nearby for Lease

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      43,620 SF

      Class A Office Building Andover

      Premier office and R&D space near I-93 and I-495.
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      View Details
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    Property Visit Statistics

    • Visits by month
      6.8k
    • Visitors by month
      1.9k
    • Avg Time on site
      257 min
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    4 Riverside Dr
    Andover, MA 01810-1121
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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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