55 Ferncroft Rd, Danvers, MA 01923
- Office buildings
- 88,724 SF
- 4.88 lot acres
Current Use by Public Records
- 55 Ferncroft Road, Danvers MA / Business Service Center / Corporate Office
- Norwin Technologies / Company
- Life Solutions Group / Financial Advisor
- Eco Friendly Junk Removal / Waste Management Facility / Hazardous Waste Disposal
- Conventus Media / Business Management Consultant
Property Details for 55 Ferncroft Rd
- Year built
- 1988
- Construction
- STEEL FRAME
- Lot size
- 4.88 lot acres
- Zone code
- HC
- Property type
- Office buildings
- APN
- DANV M:007 L:006 P:
- APU
- DANVM007L006P
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 1, 2022 | — | 55 Ferncroft Road LLC | — | Deed · related | $800k · Us Small Business Administration |
| Jan 26, 2016 | $5,300,000 | 55 Ferncroft Road LLC | Coba INC | Quit Claim Arm's Length For Ne States | $4.9M · Northern Bk & Tr |
| Sep 22, 2015 | — | Coba INC | 1 Corp Place LLC | Quit Claim Deed · related | — |
| May 1, 2008 | $12,311,500 | 1 Corporate Place LLC | Flatley Ft | Deed | $10M · Td Banknorth Mtg Grp |
Description
55 Ferncroft Road in Danvers, Massachusetts offers exceptional Class A office space in a five-story building totaling 85,924 square feet. Built in 1988 and renovated in 2016, this property provides a modern and efficient work environment. Multiple tenancy options are available, with a minimum divisible space of 3,005 square feet and a maximum contiguous space of 20,827 square feet. Currently, 37,166 square feet of space is vacant and ready for immediate occupancy. The building boasts ample parking, with a ratio of 3.92 spaces per 1,000 square feet. Its convenient location just off Route 1, adjacent to the Doubletree Hilton Hotel, and within walking distance of various restaurants, retail establishments, and fitness centers, makes it highly attractive to employees. The property's strategic location, approximately 20 miles equidistant from both downtown Boston and the New Hampshire border, offers easy access to a large and diverse talent pool via I-95 (Exit 50). This Essex County property presents a unique opportunity for businesses seeking a prestigious and easily accessible location in a thriving area. The property's modern amenities and convenient location combine to create an ideal workspace for a variety of businesses.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $28,011,000
Market price range: $19.7M - $78.5M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Danvers
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.968
- Latitude
- 42.5957
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
