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

    498 Rantoul St Beverly, MA 01915-3239

    • Turn key restaurants
    • 2,928 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Feb 26, 2025
    Location Intelligence
    Property ID
    US38-1094460
    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

    • Turn key restaurants

    Property Details for 498 Rantoul St

    Year built
    1976
    Construction
    FRAME
    Lot size
    0.78 lot acres
    Property size
    2,928 SF
    Zone code
    CC
    Property type
    Turn key restaurants
    APN
    BEVE M:0020 B:113A L:
    APU
    BEVEM0020B113AL

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Beverly
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8806
    Latitude
    42.5573
    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
    $25,450
    $592,800
    $567,200
    $1,160,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $440,000
      3,982 SF

      232 Rantoul St

      RESTAURANT • 3,982 SF
      232 Rantoul St, Beverly, MA 01915-4211
      View Details
    • Value Estimation
      $515,000
      936 SF

      136 Dodge St

      RESTAURANT • 936 SF
      136 Dodge St, Beverly, MA 01915-1831
      View Details
    • Value Estimation
      $495,000
      4,078 SF

      214 Cabot St

      RESTAURANT • 4,078 SF
      214 Cabot St, Beverly, MA 01915-5717
      View Details
    • Value Estimation by Request
      3,810 SF

      250 Cabot St

      RESTAURANT • 3,810 SF
      250 Cabot St, Beverly, MA 01915-4523
      View Details
    • Value Estimation
      $250,000
      510 SF

      642 Hale St

      RESTAURANT • 510 SF
      642 Hale St, Beverly, MA 01915-2117
      View Details
    • Value Estimation
      $490,000
      2,292 SF

      252 Cabot St

      RESTAURANT • 2,292 SF
      252 Cabot St, Beverly, MA 01915-4523
      View Details

    Similar Nearby for Sale

    • $350,000

      Turnkey Pizza Store in Beverly

      Turnkey pizza store in downtown Beverly near train station.
      199 Rantoul St, Beverly, MA 01915
      View Details
    • $1,899,000
      3,982 SF

      Turnkey Brewery and Taproom Opportunity

      Fully operational brewery and taproom in downtown Beverly, Massachusetts.
      232 Rantoul St, Beverly, MA 01915
      View Details
    • $400,000

      Turnkey Brewery and Taproom Business

      Fully operational brewery and taproom in downtown Beverly, Massachusetts.
      232 Rantoul St, Beverly, MA 01915
      View Details
    • $32,500

      Beverly, MA All Alcohol License

      Transferable license for on-premise consumption of liquor, beer, wine.
      123 Opportunity St, Beverly, MA 01915
      View Details
    • New
      $849,900
      3,231 SF

      Mixed-Use Building in Beverly, MA

      Mixed-use property with storefront, residential units, and garage.
      261 Rantoul St, Beverly, MA 01915
      View Details
    • $259,900

      large reception\/waiting room area

      3\/4 bath
      83 Herrick Street Ext, Beverly, MA 01915
      View Details

    Similar Nearby for Lease

    • $1.00 SF/Yr

      Restaurant Space Near Beverly Depot

      Second generation quick serve pizzeria space for rent.
      202 Rantoul St, Beverly, MA 01915
      View Details
    • $4,000 /Mo

      Turn-Key Restaurant in Downtown Beverly

      Open-concept restaurant space available for lease in downtown Beverly.
      374 Rantoul St, Beverly, MA 01915
      View Details
    • $22 SF/Yr
      1,200 SF

      Retail Suite in Cabot Plaza

      1,200 SF retail suite in downtown Beverly.
      409 Cabot St, Beverly, MA 01915
      View Details
    • $33 SF/Yr

      Downtown Beverly Commercial Building

      2,921 SF commercial building in downtown Beverly for lease.
      306 Cabot St, Beverly, MA 01915
      View Details
    • Contact for pricing
      19,866 SF

      Retail Space in Beverly Center

      Retail space available in a Dollar Tree-anchored shopping center.
      377 Cabot St, Beverly, MA 01915
      View Details
    • $22 SF/Yr
      913 SF

      Retail Space in Cabot Plaza

      913 SF retail suite in downtown Beverly for lease.
      409 Cabot St, Beverly, MA 01915
      View Details

    Property Visit Statistics

    • Visits by month
      14.4k
    • Visitors by month
      9.0k
    • Avg Time on site
      9 min
    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.
    498 Rantoul St
    Beverly, MA 01915-3239
    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.