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    Property profile & analytics

    491 Maple St Ste, Unit 206 Danvers, MA 01923-4025

    • Office Properties & Spaces
    • 747 SF
    OFF-MARKET
    Value Estimation
    $295,000
    Location Intelligence
    Property ID
    US38-1561110
    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

    • Office Properties & Spaces

    Property Details for 491 Maple St Ste

    Year built
    1988
    Construction
    FRAME
    Property size
    747 SF
    Zone code
    R3
    Property type
    Office Properties & Spaces
    APN
    DANV M:018 L:039 P:206
    APU
    DANVM018L039P206

    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%
      $305,000
      6.5%
      $335,000
      7%
      $300,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $265,000
      Geo Method
      $320,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $295,000
      Retail
      $315,000
      Mixed-Use
      $310,000
      Hospitality
      $300,000
      Educational
      $360,000
      Residential Income
      $270,000
      Energy
      $300,000
      Income-Based Land
      $330,000
      Food Service
      $260,000

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9708
    Latitude
    42.5868
    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
    $2,094
    $0.00
    $112,600
    $112,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      605 SF

      85 Constitution Ln Ste 2e

      CONDOMINIUM OFFICES • 605 SF
      85 Constitution Ln Ste 2e, Danvers, MA 01923-3630
      View Details
    • Value Estimation by Request
      630 SF

      85 Constitution Ln11f

      CONDOMINIUM OFFICES • 630 SF
      85 Constitution Ln11f, Danvers, MA 01923-3694
      View Details
    • Value Estimation
      $255,000
      765 SF

      85 Constitution Ln21a

      CONDOMINIUM OFFICES • 765 SF
      85 Constitution Ln21a, Danvers, MA 01923-3694
      View Details
    • Value Estimation
      $310,000
      741 SF

      85 Constitution Ln13a

      CONDOMINIUM OFFICES • 741 SF
      85 Constitution Ln13a, Danvers, MA 01923-3694
      View Details
    • Value Estimation
      $255,000
      942 SF

      85 Constitution Ln11h

      CONDOMINIUM OFFICES • 942 SF
      85 Constitution Ln11h, Danvers, MA 01923-3694
      View Details
    • Value Estimation
      $275,000
      822 SF

      491 Maple St Ste, Unit 103

      CONDOMINIUM OFFICES • 822 SF
      491 Maple St Ste, Danvers, MA 01923-4024
      View Details

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      Danvers Office Space for Rent

      Well-maintained office space with open concept and private bathrooms.
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      View Details
    • $14 SF/Yr

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    491 Maple St Ste, Unit 206
    Danvers, MA 01923-4025
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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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