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Financial
Distress signals
Property profile

565 Turnpike St 82B North Andover, MA 01845

FOR SALE
Other office properties
Property ID
US38-1117114
766 SF Built 1986
Last sale Nov 1988 · $413,012
Individually Owned Owner of record is an individual. 37-yr Hold Held for 37 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 commercial office unit located on the third floor within Chestnut Green at The Andovers. The unit comprises approximately 957 square feet and is laid out with three offices plus a reception or waiting area.

Ownership intelligence

Who controls the opportunity?

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

Debts

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 · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$110k
Assessed improvement$110k
Effective rate1.56%

Value estimate

· Oct 2026
$560k
$504k – $616k
AI approach$505k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$8k
Operating expenses−$9k
NOI · 17.90% cap applied$27k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$224/SF
ZIP average, outlier-cleaned · 53 recorded sales of this use type
Observed band · Q1–Q3$146 – $418
Qualifying comparables7

Cap rate analysis

How does the asset earn?
17.90%
$27k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

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 Salon11.7
Clothing Store10.0
Convenience Store9.9

Location

565 Turnpike St, Unit 82B North Andover, MA 01845
County assessor Recorded deeds · 2 transfers 7 qualifying comp sales Zoning catalog · not on file

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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
807 Tpke, North Andover, MA 01845-6131 $155,000 Mar 2025 540 SF
811 Tpke, North Andover, MA 01845-6133 $200,000 Nov 2023 1,080 SF
555 Tpke St, North Andover, MA 01845-5935 $112,000 Nov 2023 1,003 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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