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    451 Andover St Ste G8 North Andover, MA 01845-5077

    • Office Properties & Spaces
    • 1,458 SF
    OFF-MARKET
    Value Estimation
    $290,000
    Location Intelligence
    Property ID
    US38-1858446
    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

    • Express Employment Professionals / Employment Center / Employment Consultant
    • Foot Health Center of Merrimack Valley / Podiatrist
    • Brian Fellows / General Practitioner
    • Cari Skin Care & Therapeutic Massage Centre / Skin Care Clinic / Beauty Salon
    • Vida Wellness / Day Spa / Facial Spa

    Property Details for 451 Andover St Ste G8

    Year built
    1990
    Property size
    1,458 SF
    Property type
    Office Properties & Spaces
    APN
    NAND M:00024 B:00028 L:0008A
    APU
    NANDM00024B00028L0008A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $255,000
      6.5%
      $245,000
      7%
      $260,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $290,000
      Geo Method
      $235,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $275,000
      Retail
      $285,000
      Mixed-Use
      $295,000
      Hospitality
      $270,000
      Educational
      $300,000
      Residential Income
      $260,000
      Energy
      $285,000
      Income-Based Land
      $275,000
      Food Service
      $275,000

    Location Insight

    • Map
    • Local Demand
    City
    North Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1262
    Latitude
    42.6731
    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
    $3,674
    $0.00
    $235,500
    $235,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      177 SF

      451 Andover St Ste, Unit 214

      CONDOMINIUM OFFICES • 177 SF
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    • Value Estimation by Request
      568 SF

      565 Tpke St Ste 63c

      CONDOMINIUM OFFICES • 568 SF
      565 Tpke St Ste 63c, North Andover, MA 01845-5936
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    • Value Estimation by Request
      540 SF

      793 Tpke St, Unit 103

      CONDOMINIUM OFFICES • 540 SF
      793 Tpke St, North Andover, MA 01845-6170
      View Details
    • Value Estimation by Request
      540 SF

      795 Tpke St, Unit 104

      CONDOMINIUM OFFICES • 540 SF
      795 Tpke St, North Andover, MA 01845-6128
      View Details
    • Value Estimation by Request
      3,974 SF

      162 Sutton St

      Restaurants • 3,974 SF
      162 Sutton St, North Andover, MA 01845
      View Details
    • Value Estimation
      $345,000
      3,334 SF

      231 Sutton St Ste 1a

      CONDOMINIUM OFFICES • 3,334 SF
      231 Sutton St Ste 1a, North Andover, MA 01845-1620
      View Details

    Similar Nearby for Sale

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    • 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
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      1,876 SF

      Retail/Office Condo in North Andover

      1,876 SF retail/office condo in North Andover for sale.
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      Modern Office/Retail Space on Route

      Renovated office/retail space with high traffic and flexible layout.
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    Similar Nearby for Lease

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      Prime North Andover office space, multiple suites available.
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      North Andover Office Conference Room

      Conference room available for rent in North Andover, MA.
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    • $3,400 /Mo
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      Versatile Commercial Space on Rt. 125

      2,117 sq. ft. space ideal for office or retail.
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    • $2,150 /Mo
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      North Andover Office Space Available

      911± SF office space in Chestnut Green office park.
      575 Turnpike St, North Andover, MA 01845
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    • $24 SF/Yr

      New Office Space Available

      Ready-to-occupy office space in North Andover's newest development.
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    • $22 SF/Yr
      54,564 SF

      North Andover Medical Office Condos

      Medical office suites for lease in prime location.
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    North Andover, MA 01845-5077
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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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