Financial
Distress signals
Property profile

550 Tpke St North Andover, MA 01845

OFF-MARKET
Other commercial real estate
Property ID
US38-1630020
3,890 SF 3.82 ac lot
Last sale Jun 1995 · $800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 31-yr Hold Held for 31 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a retail space configured for leasing, with approximately 1,190 square feet of interior area.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2020

What does the county charge?
$101k
Tax billed · 2020
Assessed value · 2024$7.07M
Assessed land$1.83M
Assessed improvement$5.24M
Effective rate1.43%

Value estimate

· Sep 2026
$1.18M
$1.06M – $1.30M
CAP approach$1.21M
Sales comparison$1.07M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$270/SF
ZIP average, outlier-cleaned · 35 recorded sales of this use type
Observed band · Q1–Q3$176 – $469
Qualifying comparables5

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?
GB
JurisdictionNORTH ANDOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon14.8
Restaurant12.6
Building Supply12.2

Location

550 Tpke St North Andover, MA 01845-5812
County assessor Recorded deeds · 8 transfers 5 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
170 Pleasant, North Andover, MA 01845-2706 $1,200,000 Jan 2022 7,144 SF
1017 Osgood, North Andover, MA 01845-1501 $785,000 Dec 2021 2,124 SF
105 Belmont, North Andover, MA 01845 $158,656 Jul 2021 3,604 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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