Realmo Analytics

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Financial
Distress signals
Property profile

560 S Main St Andover, MA 01810

FOR SALE
Turn key restaurants
Property ID
US38-0483744
6,323 SF 1.46 ac lot Built 2008
Last sale May 2006 · $1,150,000
Individually Owned Owner of record is an individual. 20-yr Hold Held for 20 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$68k
Tax billed · 2024
Assessed value$2.66M
Assessed land$757k
Assessed improvement$1.91M
Effective rate2.55%

Value estimate

· Oct 2026
$1.78M
$1.60M – $1.96M
Submarket $/SF estimate$1.52M
NOI build-up
Gross scheduled income$227k
Vacancy & credit loss−$5k
Operating expenses−$56k
NOI · 3.36% cap applied$167k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$345/SF
County average, outlier-cleaned · 127 recorded sales of this use type
Observed band · Q1–Q3$175 – $532
Qualifying comparables11

Cap rate analysis

How does the asset earn?
3.36%
$167k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
SRC
The purpose of this district is to provide single family residential uses
General categoryRESIDENTIAL
JurisdictionANDOVER

Location intelligence

Which uses thrive at this corner?
Best fit: Tailor Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Tailor Shop8.8
Convenience Store8.6
Carpet & Flooring Store8.4

Location

560 S Main St Andover, MA 01810
County assessor Recorded deeds · 4 transfers 11 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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
69 Park, Andover, MA 01810-3691 $2,526,500 Nov 2024 13,447 SF
201 Main, Andover, MA 01810-3109 $1,150,000 Mar 2024 5,452 SF
19 Dl, Andover, MA 01810-5617 $1,050,000 Feb 2024 8,467 SF
195-195A Andover, Andover, MA 01810 $850,000 Oct 2021 7,933 SF
18 Elm, Andover, MA 01810-3633 $2,150,000 Apr 2021 5,828 SF
48 Main, Andover, MA 01810 $2,600,000 Aug 2019 9,256 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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