75 Newbury St Danvers, MA 01923-1083
Property profile & analytics
75 Newbury St, Danvers, MA 01923-1083
- Super regional malls
- 28,772 SF
- 2.44 lot acres
Property ID
US38-0903578
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.
Location Intelligence
Current Use by Public Records
- Heartwood Kitchens / Hardware & Home Improvement / Kitchen & Bath Showroom
- Spalenza Spa / Alternative Medicine Practice / Spa & Massage Center
- The Cookie Monstah / (Bike/Boat/Book/etc) Store / Bakery
- Fresenius Medical Care / Medical Clinic
- Fresenius Kidney Care Danvers / Medical Clinic
Property Details for 75 Newbury St
- Year built
- 1986
- Construction
- STEEL FRAME
- Lot size
- 2.44 lot acres
- Zone code
- HC
- Property type
- Super regional malls
- Property subtype
- Shopping centers
- APN
- DANV M:048 L:033 P:
- APU
- DANVM048L033P
Description
This 10,857 square foot commercial building in Danvers, MA, is ideally situated on Route 1, boasting daily traffic exceeding 31,000 vehicles. Its prime location directly across from a Home Depot ensures exceptional visibility and accessibility. The property features two renovated bathrooms, a conference room, a convenient loading dock, and a side garage door, offering versatile functionality. Currently configured as a church, the space will be available after the end of April, with flexible move-in dates to accommodate various business needs. The current lease rate is $16 per square foot, with $5.10 per square foot in NNN expenses. The property's substantial size allows for the possibility of dividing the space to suit multiple tenants. This presents a unique opportunity for businesses seeking a high-visibility location with ample room for growth and expansion. The property's diverse features, including the loading dock and garage door, make it suitable for a range of commercial uses, including retail, industrial, and restaurant operations. Its flexible layout and prime location in Danvers, MA (zip code 01923, 75 Newbury St) offer significant potential for success.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- ML approach
- $975,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,349,000
Market price range: $853k - $1.81M -
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,245,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Danvers
- County
- Essex
- State
- Massachusetts
- Longitude
- -70.9757
- Latitude
- 42.5631
- 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
$91,724
$2,391,400
$2,540,000
$4,931,400
-
$0.00
$0.00
$0.00
