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Property profile & analytics
FOR LEASE
Industrial properties
60 Newark St, Haverhill, MA 01832
Entity Owned
18-yr Hold
~
Est. High Equity
Property ID
US38-1137430
For Lease
1 / 2
$7,965,000
60 Newark St, Haverhill, MA 01832
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Construction
STEEL FRAME
Total area
91,960 SF
Lot
5.8 ac (252,648 SF)
Zoning code
TY
APN
HAVE M:0562 B:00001 L:2A
UPID
US38-1137430
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
Current use
Occupant on record · Public records
-
NTW - National Tire Wholesale (Bike/Boat/Book/etc) Store Auto Parts Store
-
Leewood Realty Real Estate Agency
-
Swix Sport, USA Corporate Office
-
The River Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.97M
Owner & transaction history
Leewood Realty LLC · 18 yrs held
Leewood Realty LLC
since 2007
6 recorded transactions
Zoning & alternative use
TY · Haverhill, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$13.2M
+3.4%
Warehouse, storage
$12.9M
+1.3%
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 Haverhill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haverhill 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$12,760,000
Current use
RETAIL STORES
$13,190,000
Change: +3% · Conversion: Moderate
WAREHOUSE, STORAGE
$12,930,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$7.97M
Range $7.17M – $8.76M · ±10%
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
$87 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$94,392
Tax year 2020
Assessed value
$4,387,400
Assessed 2024
Previous assessed
$4,104,900
+6.9% YoY
Effective rate
2.15%
On assessed value
Assessed land
$781,000
Assessed improvement
$3,606,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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 Lease
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Units
2
Total area
91,960 SF
Lot
5.8 ac (252,648 SF)
Zoning code
TY
APN
HAVE M:0562 B:00001 L:2A
UPID
US38-1137430
Jurisdiction
HAVERHILL
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
TY · Haverhill, MA
Zoning TY · permitted uses
TY · Haverhill, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Haverhill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$12.8M
RETAIL STORES
Est. value
$13.2M
WAREHOUSE, STORAGE
Est. value
$12.9M
INDUSTRIAL (GENERAL) Current
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
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Units
2
Lot
5.8 ac
Current owner
From public records · entity-resolved
Leewood Realty LLC
Entity
Mailing address
53 CHEEVER ST, MILTON, MA 02186-1126
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
Leewood Realty LLC
—
Deed
related
$9,500,000 · Institution For Savings Newburyport
Dec 19, 2011
—
Leewood Realty LLC
—
Deed Of Trust
related
$1,165,000 · Inst Savings Newburyport
Mar 31, 2011
—
Leewood Realty LLC
—
Deed Of Trust
related
$500,000 · Marjorie B Schwarz Tr
Sep 5, 2008
—
Leewood Realty LLC
—
Deed Of Trust
related
$500,000 · Pentucket Bank
Feb 22, 2008
—
Leewood Realty LLC
—
Deed Of Trust
related
$500,000 · Marjorie Schwartz Tr
Jul 25, 2007
$1
Leewood Realty LLC
Leewood RT
Grant Deed
—
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.
Try Rey
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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