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Property profile & analytics
OFF-MARKET
Specialty properties
468 Lowell St Andover, MA 01810-5305
Entity Owned
10-yr Hold
Property ID
US38-0100276
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1957
Construction
FRAME
Total area
1,344 SF
Lot
1.06 ac (46,174 SF)
Zoning code
SRC
APN
ANDO M:00197 B:00013 L:0000A
UPID
US38-0100276
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
American Training INC · 10 yrs held
American Training INC
since 2016
3 recorded transactions
Zoning & alternative use
SRC · Andover, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Andover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Andover submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2017Property tax & assessments
Tax year 2017
Tax billed
$5,749
Tax year 2017
Assessed value
$637,600
Assessed 2024
Previous assessed
$585,700
+8.9% YoY
Effective rate
0.90%
On assessed value
Assessed land
$426,000
Assessed improvement
$211,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1957
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
1,344 SF
Lot
1.06 ac (46,174 SF)
Zoning code
SRC
APN
ANDO M:00197 B:00013 L:0000A
UPID
US38-0100276
Jurisdiction
ANDOVER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
SRC · Andover, MA
Zoning SRC · permitted uses
SRC · Andover, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Andover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1957
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Rooms
6
Bathrooms
2
Lot
1.06 ac
Current owner
From public records · entity-resolved
American Training INC
Entity
Mailing address
6 CAMPANELLI DR, ANDOVER, MA 01810-1023
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2016
—
American Training INC
—
Deed
related
$1,000,000 · East Boston Savings Bank
Jun 23, 2016
$450,000
American Training INC
Dream Homes Realty LLC
Quit Claim Arm's Length For Ne States
$360,000 · Santander Bk NA
Sep 11, 2015
$310,000
Dream Homes Realty LLC
Seamans Family Trust
Quit Claim Deed
$281,500 · Endeavor Cap
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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