Technical
Financial
Distress signals
Property profile

7 Park St 3 Danvers, MA 01923

OFF-MARKET
Parking lots & garages
Property ID
US38-1376057
400 SF Built 1930
Individually Owned 22-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Parking lots & garages
Use group RESIDENTIAL PARKING GARAGE
Year built 1930
Construction FRAME
Total area 400 SF
Zoning code R1
APN DANV M:051 L:268 P:073
UPID US38-1376057

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7 Park St, Unit 3 Danvers, MA 01923-3070
Danvers metro Census 211201 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2004
2 recorded transactions
2004
$12,500
1969
Price N/A

Zoning & alternative use

R1 · Danvers, MA
Zoning description

137 22.2 AUTHORITY AND APPLICABILITY A. General Authority The MSTND is an overlay district superimposed on all Underlying Zoning districts including the Industrial-1 (I-1), Residential-1 (R-1), Danvers Town Center-Core (…

General category RESIDENTIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 7 Park St, Unit 3?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message