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Property profile & analytics
OFF-MARKET Estimated value $8,165,000
Showrooms

62 Brown St Haverhill, MA 01830-6778

64,898 SF 1.48 ac lot Built 2005
Entity Owned ~ Est. High Equity
Property ID
US38-1958166
Property summary
AI-generated overview

This Class A, five-story medical office building, totaling 55,608 square feet, offers multiple tenancy options with suites ranging from 1,315 to 2,023 contiguous square feet. Currently, 3,338 square feet are vacant. Located at 62 Brown Street in Haverhill, MA, this property boasts ample parking for both patients and physicians, including covered parking for physicians. The building is conveniently situated less than half a mile from downtown Haverhill and easily accessible from exits 50 and 51 off I-495. Its prime location is directly connected to Holy Family Hospital, a 122-bed acute care facility within the Steward network, creating a thriving healthcare ecosystem with a high patient volume and strong referral network. The building features turnkey suites and a generous tenant improvement allowance. Extensive area upgrades are currently underway. The property sits on a 1.48-acre lot and is zoned for medical offices. This established medical office center in the Lawrence/Andover submarket of Essex County offers a move-in ready opportunity within a comprehensive healthcare environment.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2005
Construction STEEL FRAME
Total area 64,898 SF
Lot 1.48 ac (64,351 SF)
APN HAVE M:0423 B:00153 L:8B
UPID US38-1958166
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
  • Daryl Colden, MD, FACS, FAAOA, ABO, ABFPRS Physician
  • Care Dental Associates Dental Office
  • Nidhi Gehlot DMD, BDS Dental Office
  • Michael Kutka, MD, LLC Physician Medical Clinic
  • Merrimack Medical Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.73M
Blend (final) Blend
$8.17M
Owner & transaction history
Albany Road-brown St LLC
Albany Road-brown St LLC
since 2025
3 recorded transactions
2025
$9.6M
2022
Price N/A
2021
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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