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Property profile & analytics
OFF-MARKET Estimated value $2,395,000
Hotels

4 Tech Dr Andover, MA 01810-2434

89,978 SF 7.89 ac lot Built 2000
Entity Owned 26-yr Hold Free & Clear
Property ID
US38-1316517
Property profile
Verified
Property type Hotels
Use group HOTEL
Year built 2000
Construction FRAME
Total area 89,978 SF
Lot 7.89 ac (343,776 SF)
Zoning code ID
APN ANDO M:00166 B:00015 L:0000A
UPID US38-1316517
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sonesta ES Suites Andover Boston Hotel & Motel Vacation Rental
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.40M
Owner & transaction history
Bass Resoucres INC · 26 yrs held
Bass Resoucres INC
since 1999
6 recorded transactions
2016
Price N/A
1999
$3.1M
1999
$12.6M
1997
$4.3M
1996
Price N/A
1994
$6.4M
Zoning & alternative use
ID · Andover, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

INDUSTRIAL D DISTRICT (ID). 8.1.1 General. All development in an Industrial D District shall be subject to the following, unless a special permit to vary these requirements is granted by the Zoning Board of Appeals, upon its determination that alternative provisions provide comparable protection for adjoining lots and ways. 1. All utility service lines shall…

Zone name Industrial D Zoning District
General category INDUSTRIAL
Zone area 564.19 ac
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