790 Turnpike St North Andover, MA 01845
- Office properties & Spaces
- 94,448 SF
Current Use by Public Records
- Seven Hills / Social Service Agency / Charitable Organization
- North Andover Counseling Professionals / Counselor
- Karen Leclaire / Counselor / Social Worker
- Compassus / Nursing Home
- Community Driving Academy / Training Center / Vocational School
Property Details for 790 Turnpike St
- Property size
- 94,448 SF
- Property type
- Office properties & Spaces
- APN
- NAND M:00098 B:D0008 L:00010
- APU
- NANDM00098BD0008L00010
Description
Jefferson Office Park, located at 790 & 800 Turnpike Street in North Andover, Massachusetts, offers 94,328 square feet of Class B office space. This multi-tenant property comprises four three-story buildings, built in 1986, and provides ample parking with 145 spaces. The park features executive office suites, with a minimum divisible space of 646 square feet and a maximum contiguous space of 5,359 square feet. Currently, there are 38,019 square feet of vacant space available. Recent improvements include updated lobbies, bathrooms, and a tenant-accessible conference center. The property enjoys a convenient location directly on Route 114, offering easy access to a variety of retail destinations within a 1.5-mile radius. Situated in Essex County, zip code 01845, this property presents a compelling opportunity for businesses seeking high-quality office space in a desirable location. The property is ideally suited for businesses seeking flexible space options ranging from smaller executive suites to larger contiguous spaces. The ample parking and updated amenities further enhance the appeal of this well-maintained office park.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $13,753,000
- AI Estimate
- $16,028,000
Market price range: $13.8M - $39.5MMarket price range: $15.8M - $43.5M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $21,135,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $30,200,000 Change: +43% Conversion: Easy
- COMMERCIAL (GENERAL)
- $25,460,000 Change: +20% Conversion: Easy
- AUTO REPAIR, GARAGE
- $22,625,000 Change: +7% Conversion: Difficult
- RETAIL STORES
- $21,005,000 Change: -1% Conversion: Moderate
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Location Insight
- Map
- Local Demand
- City
- North Andover
- County
- Essex
- State
- Massachusetts
- Longitude
- -71.1071
- Latitude
- 42.6607
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA