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    Property profile & analytics

    63 Park St Andover, MA 01810-3662

    • Super regional malls
    • 26,281 SF
    • 0.32 lot acres
    OFF-MARKET
    Value Estimation
    $5,695,000
    Last Sale
    Oct 29, 2021
    $4,750,000
    Location Intelligence
    Property ID
    US38-1787940
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Traci Connor / Counselor
    • Shelley A. Woolsey, RD / Nutritionist / Doctor
    • Suzanne Saindon / Internist / Practitioner Service Location
    • Lydia Jeffcoat / Internist / Practitioner Service Location
    • Stephan Coufos - Coco, Early & Associates / Real Estate Agency

    Property Details for 63 Park St

    Year built
    1984
    Construction
    FRAME
    Lot size
    0.32 lot acres
    Property size
    26,281 SF
    Zone code
    GB
    Property type
    Super regional malls
    APN
    ANDO M:00039 B:00100 L:00000
    APU
    ANDOM00039B00100L00000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,020,000

    • CAP approach

      CAP return
      Estimation
      6%
      $4,420,000
      6.5%
      $4,670,000
      7%
      $4,725,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,395,000
      Geo Method
      $4,865,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,340,000
      Retail
      $4,770,000
      Mixed-Use
      $4,995,000
      Hospitality
      $4,240,000
      Educational
      $5,265,000
      Residential Income
      $5,505,000
      Energy
      $4,345,000
      Income-Based Land
      $4,220,000
      Food Service
      $5,505,000

    Location Insight

    • Map
    • Local Demand
    City
    Andover
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.1371
    Latitude
    42.6569
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $97,978
    $539,400
    $3,305,900
    $3,845,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      12,396 SF

      34 Park St

      REGIONAL SHOPPING CENTER, MALL • 12,396 SF
      34 Park St, Andover, MA 01810-3989
      View Details
    • Value Estimation by Request
      31,866 SF

      199 Main St

      REGIONAL SHOPPING CENTER, MALL • 31,866 SF
      199 Main St, Andover, MA 01810
      View Details
    • Value Estimation by Request
      10,440 SF

      28 Chestnut St

      REGIONAL SHOPPING CENTER, MALL • 10,440 SF
      28 Chestnut St, Andover, MA 01810-3669
      View Details
    • Value Estimation by Request
      6,897 SF

      36 Park St, Unit 42

      REGIONAL SHOPPING CENTER, MALL • 6,897 SF
      36 Park St, Andover, MA 01810-3616
      View Details
    • Value Estimation by Request
      10,880 SF

      111 Elm St

      RETAIL STORES (PERSONAL SERVICES) • 10,880 SF
      111 Elm St, Andover, MA 01810-1708
      View Details
    • Value Estimation by Request
      15,688 SF

      1 Main St

      RETAIL STORES (PERSONAL SERVICES) • 15,688 SF
      1 Main St, Andover, MA 01810-3982
      View Details

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    Similar Nearby for Lease

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      Retail space available in a busy Andover shopping center.
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      Retail space available for lease in Andover, Massachusetts.
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    • $35 SF/Yr

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    • $25 SF/Yr

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    • $25 SF/Yr

      Downtown Andover Office/Retail Space

      Office/retail space in downtown Andover with convenient highway access.
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      View Details
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    63 Park St
    Andover, MA 01810-3662
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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