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Financial
Distress signals
Property profile

5 Federal St Danvers, MA 01923

FOR SALE
Showrooms
Property ID
US38-1275396
31,250 SF 1.63 ac lot Built 1985
Last sale Feb 2026 · $3,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A medical office building located at 5 Federal Street in Danvers, Massachusetts, situated on a 1.6-acre lot with on-site parking. The interior configuration includes two larger suites plus five individual offices, with multiple exam rooms, private offices, and waiting areas designed to support patient flow. The layout provides suite-level space alongside smaller office components, offering flexibility for professional medical and office use within the existing footprint. The building is…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$83k
Tax billed · 2024
Assessed value$4.44M
Assessed land$1.60M
Assessed improvement$2.84M
Effective rate1.86%

Value estimate

· Oct 2026
$4.08M
$3.67M – $4.49M
Submarket $/SF estimate$4.77M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$198/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$112 – $297
Qualifying comparables7

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
The purpose of this section of the Danvers Zoning By-Laws is to define a specific zoning district in the Endicott Street area and to regu...
General categoryCOMMERCIAL
JurisdictionDANVERS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency30.1
Building Supply27.3
Wholesale Shop22.4

Location

5 Federal St Danvers, MA 01923
County assessor Recorded deeds · 7 transfers 7 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
197 Newbury, Danvers, MA 01923-1195 $925,000 May 2025 6,240 SF
430 Maple, Danvers, MA 01923-1521 $715,000 Mar 2025 5,960 SF
7 Healy, Danvers, MA 01923-3109 $2,600,000 Mar 2025 13,400 SF
83 Elm, Danvers, MA 01923-2836 $1,500,000 Jul 2023 6,302 SF
56 Maple, Danvers, MA 01923-2843 $1,720,000 Jul 2023 8,040 SF
37 Maple, Danvers, MA 01923-2851 $1,800,000 Jul 2022 7,648 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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