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Property profile & analytics
OFF-MARKET
Estimated value
$1,735,000
Hotels
50 Dayton St Danvers, MA 01923-1018
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-1832645
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
1970
Construction
STEEL FRAME
Total area
75,200 SF
Lot
5.25 ac (228,690 SF)
Zoning code
HC
APN
DANV M:040 L:001 P:
UPID
US38-1832645
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
Current use
Occupant on record · Public records
-
Best Western Plus North Shore Hotel Hotel & Motel
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.74M
Owner & transaction history
Toral LLC · 10 yrs held
Toral LLC
since 2015
5 recorded transactions
Zoning & alternative use
HC · Danvers, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
-IA District TABLE 3 - TABLE OF DIMENSIONAL REQUIREMENTS - COMMERCIAL & INDUSTRIAL - (* see section 7.3 for Supplemental Provisions) approved by Town Meeting on Janaury 29, 2007 PARKING SETBACKS from HIGHWAY CORRIDOR (HC) 100 = Res. Use 50 = R-IA District 25 = all other 100 = Res. Use 50 = R-IA District 25 = all other NA 50= res. Property 20 = R-IA District…
Zone name
Highway Corridor
General category
UNKNOWN
Zone area
283.80 ac
Source
Danvers Zoning Bylaws 2025
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 Danvers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danvers 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
$23 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$122,342
Tax year 2024
Assessed value
$6,577,500
Assessed 2024
Previous assessed
$6,577,500
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$2,982,500
Assessed improvement
$3,595,000
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
4
Units
136
Rooms
13
Bathrooms
142
Total area
75,200 SF
Lot
5.25 ac (228,690 SF)
Zoning code
HC
APN
DANV M:040 L:001 P:
UPID
US38-1832645
Jurisdiction
DANVERS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
HC · Danvers, MAZoning HC · permitted uses
HC · Danvers, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
-IA District TABLE 3 - TABLE OF DIMENSIONAL REQUIREMENTS - COMMERCIAL & INDUSTRIAL - (* see section 7.3 for Supplemental Provisions) approved by Town Meeting on Janaury 29, 2007 PARKING SETBACKS from HIGHWAY CORRIDOR (HC) 100 = Res. Use 50 = R-IA District 25 = all other 100 = Res. Use 50 = R-IA District 25 = all other NA 50= res. Property 20 = R-IA District COMMERCIAL IA (C-IA) COMMERCIAL III (C-III
Zone name
Highway Corridor
General category
UNKNOWN
Zone area
283.80 ac
Source
Danvers Zoning Bylaws 2025
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
1
Units
136
Rooms
13
Bathrooms
142
Lot
5.25 ac
Current owner
From public records · entity-resolved
Toral LLC
Entity
Mailing address
50 DAYTON ST, DANVERS, MA 01923-1018
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2015
$5,195,000
Toral LLC
Witham Family LP
Warranty Deed
$8,800,000 · Services Capital LLC
Dec 21, 2011
$6,350,000
Witham Family LP
Boulevard Motel Corp
Warranty Deed
$4,445,000 · East Boston Savings Bank
Jan 16, 2001
—
Boulevard Motel Corp
—
Deed Of Trust
related
$280,000 · Chase Manhattan Bank
Nov 29, 1995
$2,000,000
Boulevard Motel Corp
Leevan Corp
Grant Deed
—
Jul 2, 1993
$1,445,000
Leevan Corp
Schwartz,charlene S
Grant Deed
$1,600,000 · Zenon Grzybowski
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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