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

    45 Beechwood Dr North Andover, MA 01845-1066

    • Showrooms
    • 30,855 SF
    • 5.01 lot acres
    OFF-MARKET
    Value Estimation
    $4,480,000
    Last Sale
    Jan 15, 2025
    $4,850,000
    Location Intelligence
    Property ID
    US38-1620671
    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

    • Tower Engineering Professionals / Telecommunications Engineer
    • Catano Performance / Fitness Center / Athletic Club
    • ChargeSmart EV Charging Station / Electric Vehicle Charging Station

    Property Details for 45 Beechwood Dr

    Year built
    1997
    Construction
    STEEL FRAME
    Lot size
    5.01 lot acres
    Property size
    30,855 SF
    Zone code
    I
    Property type
    Showrooms
    APN
    NAND M:00034 B:00051 L:00000
    APU
    NANDM00034B00051L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,445,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,500,000
      6.5%
      $5,295,000
      7%
      $4,935,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,155,000
      Geo Method
      $4,630,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,050,000
      Retail
      $4,675,000
      Mixed-Use
      $4,345,000
      Hospitality
      $4,995,000
      Educational
      $4,145,000
      Residential Income
      $3,935,000
      Energy
      $4,320,000
      Income-Based Land
      $4,530,000
      Food Service
      $4,065,000

    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1098
    Latitude
    42.7307
    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
    $46,658
    $705,800
    $2,285,100
    $2,990,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      26,700 SF

      27 Charles St

      SHOW ROOM, WAREHOUSE • 26,700 SF
      27 Charles St, North Andover, MA 01845-1664
      View Details
    • Value Estimation
      $200,000
      3,604 SF

      105 Belmont St

      SHOW ROOM, WAREHOUSE • 3,604 SF
      105 Belmont St, North Andover, MA 01845
      View Details
    • Value Estimation by Request
      5,220 SF

      314 Clark St

      SHOW ROOM, WAREHOUSE • 5,220 SF
      314 Clark St, North Andover, MA 01845-1020
      View Details
    • Value Estimation by Request
      33,000 SF

      70 Flagship Dr

      SHOW ROOM, WAREHOUSE • 33,000 SF
      70 Flagship Dr, North Andover, MA 01845-6126
      View Details
    • Value Estimation by Request
      9,546 SF

      105 Massachusetts Ave

      SHOW ROOM, WAREHOUSE • 9,546 SF
      105 Massachusetts Ave, North Andover, MA 01845-4147
      View Details
    • Value Estimation
      $1,970,000
      1,696 SF

      478 Chickering Rd

      SHOW ROOM, WAREHOUSE • 1,696 SF
      478 Chickering Rd, North Andover, MA 01845-2832
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      15,228 SF

      Retail/Office Condominium in North Andover

      Retail/office condominium space available in North Andover, Massachusetts.
      1007 Osgood St, North Andover, MA 01845
      View Details
    • $350,000
      1,299 SF

      Modern Office/Retail Space on Route

      Renovated office/retail space with high traffic count, near major routes.
      991-1003 Osgood St, North Andover, MA 01845
      View Details
    • $249,999

      Established Spa in Prime Location

      Turnkey beauty spa in a high-traffic business district.
      1019 Osgood St, North Andover, MA 01845
      View Details
    • Contact for pricing
      1,876 SF

      Retail/Office Condo in North Andover

      1,876 SF retail/office condo in North Andover for sale.
      1007-1017 Osgood St, North Andover, MA 01845
      View Details
    • $879,000
      4,875 SF

      North Andover Commercial Retail/Office Space

      High-traffic retail/commercial units suitable for retail, office, or medical uses.
      565 Chickering Rd, North Andover, MA 01845
      View Details
    • $850,000
      3,437 SF

      Modern Office/Retail Space on Route

      Renovated office/retail space with high traffic and flexible layout.
      989-991 Osgood St, North Andover, MA 01845
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      North Andover Retail Development Opportunity

      New development on Route 114 with high traffic volume.
      North Andover, MA 01845
      View Details
    • Contact for pricing
      1,650 SF

      Former Restaurant and Retail Spaces

      Restaurant and retail spaces available for lease.
      542-562 Turnpike St, N Andover, MA 01845
      View Details
    • Contact for pricing
      2,129 SF

      Retail Space in Eaglewood Shops

      Retail spaces available in North Andover's primary retail corridor.
      93-115 Turnpike St, North Andover, MA 01845
      View Details
    • $3,400 /Mo
      2,117 SF

      Versatile Commercial Space on Rt. 125

      2,117 sq. ft. space ideal for office or retail.
      1211 Osgood St, North Andover, MA 01845
      View Details
    • $2,600 /Mo
      1,400 SF

      North Andover Commercial Building For Rent

      Stand-alone 1400 SF commercial building in busy downtown North Andover.
      238 Sutton St, North Andover, MA 01845
      View Details
    • Contact for pricing
      2,946 SF

      2,946 SF Drive-Thru Available

      2,946 SF drive-thru restaurant space available for lease immediately.
      435 Winthrop Ave, N Andover, MA 01845
      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.
    45 Beechwood Dr
    North Andover, MA 01845-1066
    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.