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    Property profile & analytics

    51 Ml St Ste, Unit 4 Hanover, MA 02339-1650

    • Office Properties & Spaces
    • 2,060 SF
    OFF-MARKET
    Value Estimation
    $300,000
    Location Intelligence
    Property ID
    US38-1579261
    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 51 Ml St Ste

    Year built
    1989
    Construction
    FRAME
    Property size
    2,060 SF
    Zone code
    C
    Property type
    Office Properties & Spaces
    APN
    HANO M:18 L:020 U:4
    APU
    HANOM18L020U4

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Hanover
    County
    Plymouth
    State
    Massachusetts
    Longitude
    -70.8408
    Latitude
    42.1405
    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
    $6,102
    $0.00
    $453,700
    $453,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $365,000
      1,589 SF

      51 Ml St Ste, Unit 2

      CONDOMINIUM OFFICES • 1,589 SF
      51 Ml St Ste, Hanover, MA 02339-1650
      View Details
    • Value Estimation
      $410,000
      1,838 SF

      51 Ml St Ste, Unit 9

      CONDOMINIUM OFFICES • 1,838 SF
      51 Ml St Ste, Hanover, MA 02339-1651
      View Details
    • Value Estimation
      $285,000
      1,785 SF

      51 Ml St, Unit 20

      CONDOMINIUM OFFICES • 1,785 SF
      51 Ml St, Hanover, MA 02339-1641
      View Details
    • Value Estimation
      $285,000
      929 SF

      20 Ee St Ste 18b

      CONDOMINIUM OFFICES • 929 SF
      20 Ee St Ste 18b, Hanover, MA 02339-1671
      View Details
    • Value Estimation
      $305,000
      2,062 SF

      51 Ml St Ste, Unit 11

      CONDOMINIUM OFFICES • 2,062 SF
      51 Ml St Ste, Hanover, MA 02339-1652
      View Details
    • Value Estimation
      $280,000
      924 SF

      20 Ee St Ste, Unit 15

      CONDOMINIUM OFFICES • 924 SF
      20 Ee St Ste, Hanover, MA 02339-1671
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      19,377 SF

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      High-quality industrial space with loading docks and convenient location.
      Hanover, MA 02339
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      Hanover Commercial Development Opportunity

      5.87-acre commercial site with frontage on Route 53.
      775-785 Washington St, Hanover, MA 02339
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    Similar Nearby for Lease

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    • $22 SF/Yr
      4,925 SF

      First Floor Office Suite For Rent

      Office suite for rent, ideal for medical or office use.
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    • $700 /Mo

      Hanover Office Spaces for Lease

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    • $16 SF/Yr

      Hanover Medical Office Space Available

      Medical office spaces available for rent in Hanover, Massachusetts.
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    • $1,800 /Mo
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      Hanover Office Space For Rent

      Office space available in Hanover with utilities included.
      2048 Washington St, Hanover, MA 02339
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    • $250 SF/Yr

      Furnished Office Space for Rent

      Furnished shared office space suitable for mental health professionals.
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    Hanover, MA 02339-1650
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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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