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Property profile & analytics
FOR SALE
Industrial properties
54 W Dane St, Beverly, MA 01915
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1271696
For Sale
$8,375,000
54 W Dane St, Beverly, MA 01915
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1972
Construction
STEEL FRAME
Total area
48,952 SF
Lot
2.13 ac (92,783 SF)
Zoning code
IG
APN
BEVE M:0010 B:0206 L:
UPID
US38-1271696
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.38M
CAP Approach
CAP
$8.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.38M
Owner & transaction history
Sig Beverly LLC · 1 yrs held
Sig Beverly LLC
since 2024
Last sale
$8.4M
7 recorded transactions
Zoning & alternative use
IG · Beverly, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.6M
+57.0%
Auto repair, garage
$11.7M
+46.3%
Retail stores
$10.9M
+35.8%
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 Beverly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly 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
Method
Estimation
Statistic approach
$8,375,000
ML approach
$8,375,000
CAP Approach
CAP Return
Estimation
6%
$8,680,000
6.5%
$8,010,000
7%
$7,440,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,015,000
Current use
OFFICE BUILDING
$12,580,000
Change: +57% · Conversion: Difficult
AUTO REPAIR, GARAGE
$11,725,000
Change: +46% · Conversion: Easy
RETAIL STORES
$10,885,000
Change: +36% · Conversion: Moderate
WAREHOUSE, STORAGE
$6,885,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$8.38M
Range $7.54M – $9.21M · ±10% · vs last sale $8.38M (Aug 29 2024)
Last sale anchor
$8.38M
Aug 29 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$171 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$66,540
Tax year 2021
Assessed value
$2,893,700
Assessed 2024
Previous assessed
$2,893,700
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$1,090,200
Assessed improvement
$1,803,500
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1972
Construction
STEEL FRAME
Heating
SPACE
Buildings
2
Stories
1
Units
15
Bathrooms
10
Total area
48,952 SF
Lot
2.13 ac (92,783 SF)
Zoning code
IG
APN
BEVE M:0010 B:0206 L:
UPID
US38-1271696
Jurisdiction
BEVERLY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
IG · Beverly, MA
Zoning IG · permitted uses
IG · Beverly, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.0M
OFFICE BUILDING
Est. value
$12.6M
AUTO REPAIR, GARAGE
Est. value
$11.7M
RETAIL STORES
Est. value
$10.9M
WAREHOUSE, STORAGE
Est. value
$6.9M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1972
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
2
Units
15
Bathrooms
10
Lot
2.13 ac
Current owner
From public records · entity-resolved
Sig Beverly LLC
Entity
Mailing address
54 W DANE ST RM #2602, BEVERLY, MA 01915-4108
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2024
—
Sig Beverly LLC
—
Deed
related
$6,435,000 · Digital FCU
Aug 29, 2024
$8,375,000
Sig Beverly LLC
Pal Beverly Flex LLC
Quit Claim Arm's Length For Ne States
$4,500,000 · Montauk Bip LLC
May 25, 2022
—
Pal Beverly Flex LLC
—
Deed
related
$4,100,000 · Key Bank NA
Mar 2, 2022
$5,875,000
Pal Beverly Flex LLC
Beverly Industrial LLC
Quit Claim Arm's Length For Ne States
—
Sep 16, 2019
$4,500,000
Beverly Indl LLC
Clemenzi Ind Pk LLC
Quit Claim Deed
—
Dec 24, 2004
—
Angelo A Clemenzi Ret
—
Deed Of Trust
related
$715,000 · Salem Five Cents Savings Bank
May 20, 2002
—
A Clemenzio Recovt 78
—
Deed Of Trust
related
$52,500 · Salem Five Cents Savings Bank
Aug 11, 1998
—
Lucia A Clemenzi
—
Deed Of Trust
related
$525,000 · Salem Five Cents Savings Bank
Dec 31, 1991
—
Lucia A Clemenzi
—
Deed Of Trust
related
$400,000 · Shawmut Bank Of Boston
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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