New search
Property profile & analytics
OFF-MARKET
Estimated value
$29,000,000
Industrial properties
75 Sylvan St, Danvers, MA 01923-2763
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0263189
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
15.16 ac (660,365 SF)
Zoning code
I2
APN
DANV M:057 L:031 P:
UPID
US38-0263189
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
-
Fionna Sayegh Physician
-
Beverly Citizen Newspaper & Magazine Television Studio
-
Salem Five Insurance Services, LLC Insurance Agency
-
Patricia Houde Physician
-
Nicole Cronin Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$29.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$29.00M
Owner & transaction history
75 Sylvan Street LLC · 2 yrs held
75 Sylvan Street LLC
since 2024
Last sale
$29.0M
7 recorded transactions
Zoning & alternative use
I2 · Danvers, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Danvers submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Danvers 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
$29,000,000
ML approach
$29,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$29.00M
Range $26.10M – $31.90M · ±10% · vs last sale $29.00M (May 10 2024)
Last sale anchor
$29.00M
May 10 2024
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
—
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
$453,575
Tax year 2020
Assessed value
$36,600,200
Assessed 2024
Previous assessed
$36,600,200
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$5,677,500
Assessed improvement
$30,922,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Off-Market
Heating
NONE
Cooling
YES
Buildings
3
Units
16
Lot
15.16 ac (660,365 SF)
Zoning code
I2
APN
DANV M:057 L:031 P:
UPID
US38-0263189
Jurisdiction
DANVERS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
I2 · Danvers, MA
Zoning I2 · permitted uses
I2 · Danvers, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Danvers. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
3
Units
16
Lot
15.16 ac
Current owner
From public records · entity-resolved
75 Sylvan Street LLC
Entity
Mailing address
75 SYLVAN ST, DANVERS, MA 01923-2763
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2024
$29,000,000
75 Sylvan Street LLC
Brookwood Sylvan LLC
Quit Claim Arm's Length For Ne States
—
Sep 9, 2019
—
Brookwood Sylvan LLC
—
Deed
related
$408,500 · Jpmorgan Chase Bank NA
Jun 19, 2019
$18,250
56 Adams LLC
Brookwood Sylvan LLC
Quit Claim Deed
—
May 31, 2013
—
Brookwood Sylvan LLC
—
Deed Of Trust
related
$24,000,000 · East Boston Savings Bank
Jul 23, 2010
—
Brookwood Sylvan LLC
—
Deed Of Trust
related
$16,200,000 · Newalliance Bank
May 11, 2010
$10,375,000
Brookwood Sylvan LLC
75 Sylvan Ns 2 Hldg LLC
Grant Deed
—
Aug 7, 2009
$1
75 Sylvan Ns 2 Holdin LLC
Tea Light LLC
Grant Deed
—
Jul 26, 2006
$16,700,000
Tea Light LLC
Applied Materials Asia
Grant Deed
$25,765,000 · Worth Funding INC
Jan 30, 2001
$5,684,100
75 Sylvan St LLC
Osram Sylvania Product
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?”
You own 75 Sylvan St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
