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Property profile & analytics
FOR LEASE
Gas stations

785 Turnpike St North Andover, MA 01845

2,064 SF 1 ac lot Built 1974
Entity Owned Absentee Owner Free & Clear
Property ID
US38-1142866
Property summary
AI-generated overview

This exceptional 7,000 square foot retail property, located at 785 Turnpike Street in North Andover, Massachusetts, presents a unique investment or development opportunity. The property is situated in Essex County, offering convenient access to major roadways and a thriving local community. Currently vacant, the entire 7,000 square feet is available for immediate occupancy, providing a blank canvas for a variety of retail concepts. The single-tenant configuration allows for complete control and customization of the space. The property is classified as both retail and land, suggesting potential for expansion or redevelopment, subject to local zoning regulations. Its street retail subtype indicates high visibility and accessibility for customers. The zip code is 01845. This location in North Andover offers a strong demographic profile and significant potential for attracting a wide range of businesses. The property's size and location make it ideal for a variety of uses, from a flagship retail store to a multi-use commercial space. This is a rare opportunity to acquire a substantial retail property in a desirable Massachusetts location. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning and development potential are available upon request. The property is ready for immediate development or lease.

Property profile
Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1974
Total area 2,064 SF
Lot 1 ac (43,451 SF)
Zoning code GB
APN NAND M:00098 B:D0009 L:00000
UPID US38-1142866
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
  • turnpike automotive - used cars - north andover ma dealer Car Dealership
  • bp Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
POWER TEST REALTY CO
POWER TEST REALTY CO
Zoning & alternative use
GB · North Andover, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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