Property profile

490 Main St North Andover, MA 01845

OFF-MARKET
Turn key restaurants
Property ID
US38-1303377
2,377 SF 0.34 ac lot Built 1998
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1998
Total area 2,377 SF
Lot 0.34 ac (14,649 SF)
Zoning code GB
APN NAND M:00071 B:00025 L:00000
UPID US38-1303377

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

490 Main St North Andover, MA 01845
North Andover metro Census 253100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.96M

Owner & transaction history

since 2023
Last sale
$2.0M
4 recorded transactions
2023
$2.0M
2006
$1
2006
Price N/A
1991
$235,000

Zoning & alternative use

GB · North Andover, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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