Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8 Brg St Danvers, MA 01923-3802

    • Gas stations
    • 1,232 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $1,195,000
    Last Sale
    Jan 22, 2020
    $975,000
    Location Intelligence
    Property ID
    US38-1566136
    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.

    Current Use by Public Records

    • New Bridge Variety & Deli / Sandwich Shop
    • US PETROLEUM / Gas Station
    • Danvers Gas & Service / Auto Repair Shop

    Property Details for 8 Brg St

    Year built
    1998
    Construction
    CONCRETE
    Lot size
    0.13 lot acres
    Property size
    1,232 SF
    Zone code
    R2
    Property type
    Gas stations
    APN
    DANV M:060 L:045 P:
    APU
    DANVM060L045P

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,255,000

    • CAP approach

      CAP return
      Estimation
      6%
      $925,000
      6.5%
      $1,015,000
      7%
      $1,075,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $855,000
      Geo Method
      $1,095,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,130,000
      Retail
      $1,170,000
      Mixed-Use
      $1,090,000
      Hospitality
      $970,000
      Educational
      $865,000
      Residential Income
      $1,020,000
      Energy
      $1,095,000
      Income-Based Land
      $1,140,000
      Food Service
      $915,000

    Location Insight

    • Map
    • Local Demand
    City
    Danvers
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9091
    Latitude
    42.5575
    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
    $10,866
    $271,400
    $312,800
    $584,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,325 SF

      91 Maple St

      SERVICE STATION (FULL SERVICE) • 3,325 SF
      91 Maple St, Danvers, MA 01923
      View Details
    • Value Estimation by Request
      2,048 SF

      100 High St

      GAS STATION • 2,048 SF
      100 High St, Danvers, MA 01923-3114
      View Details
    • Value Estimation
      $540,000
      3,060 SF

      160 Andover St

      GAS STATION • 3,060 SF
      160 Andover St, Danvers, MA 01923-1428
      View Details
    • Value Estimation
      $1,210,000
      2,121 SF

      156 Endicott St

      SERVICE STATION (FULL SERVICE) • 2,121 SF
      156 Endicott St, Danvers, MA 01923-3619
      View Details
    • Value Estimation
      $765,000
      2,272 SF

      95 High St

      SERVICE STATION (FULL SERVICE) • 2,272 SF
      95 High St, Danvers, MA 01923-3127
      View Details
    • Value Estimation by Request
      1,968 SF

      60 High St

      SERVICE STATION (FULL SERVICE) • 1,968 SF
      60 High St, Danvers, MA 01923-3146
      View Details

    Similar Nearby for Sale

    • $1,525,000

      Mixed-Use Property in Downtown Danvers

      Well-maintained mixed-use property with commercial and residential units.
      15 24, Danvers, MA 01923
      View Details
    • Contact for pricing
      32,000 SF

      New Construction Flex/Industrial Warehouse

      New construction flex/industrial warehouse totaling approximately 32,000 SF.
      13 Popes Ln, Danvers, MA 01923
      View Details
    • $1,395,000

      Historic Estate with Adaptive Reuse Potential

      Nationally registered Federal Period masterpiece with potential for adaptive reuse.
      166 High St, Danvers, MA 01923
      View Details
    • New
      $1,599,000
      0.55 Acres

      Cleared Commercial Lot on Route 1

      Prime commercial lot in Danvers with upgraded drainage and parking.
      25 Popes Ln, Danvers, MA 01923
      View Details
    • Contact for pricing
      13,400 SF

      Danvers Flex/Industrial Building For Sale

      Flex/industrial building in Danvers, MA, available March 2025.
      7 Healy Ct, Danvers, MA 01923
      View Details
    • $4,300,000

      Danvers Office Property For Sale

      Office property available for purchase in Danvers, Massachusetts.
      185 Centre St, Danvers, MA 01923
      View Details

    Similar Nearby for Lease

    • $5,250 /Mo

      Renovated Commercial Space for Lease

      Renovated commercial space with multiple uses, garage, and parking.
      1 Cheever St, Danvers, MA 01923
      View Details
    • Contact for pricing
      6,480 SF

      Retail Space in Danvers Plaza

      Retail space for lease in supermarket-anchored Danvers Plaza.
      301 Newbury St, Danvers, MA 01923
      View Details
    • $2,750 /Mo
      1,128 SF

      Downtown Danvers Commercial Space

      Prime commercial space for lease in a mixed-use building.
      44 Maple St, Danvers, MA 01923
      View Details
    • New
      $1.00 SF/Yr
      6,950 SF

      Prime Retail Space on Route 114

      High-visibility retail space in a high-traffic area.
      120 Andover St, Danvers, MA 01923
      View Details
    • Contact for pricing
      40,004 SF

      Endicott Square Retail Center

      Danvers, MA: Prime Retail Space Available
      180 Endicott St, Danvers, MA 01923
      View Details
    • $55 SF/Yr
      6,604 SF

      Danvers Retail Opportunity For Lease

      6,604 SF building suitable for retail or restaurant uses.
      200 Endicott St, Danvers, MA 01923
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8 Brg St
    Danvers, MA 01923-3802
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.