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Property profile & analytics
OFF-MARKET
Estimated value
$600,000
Day care centers
80 Lothrop St, Beverly, MA 01915-5224
Individually Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-1322832
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1869
Construction
FRAME
Total area
5,303 SF
Lot
0.39 ac (17,049 SF)
Zoning code
R6
APN
BEVE M:0006 B:0007 L:
UPID
US38-1322832
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$470k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$734k
Blend (final)
Blend
$600k
Owner & transaction history
80 Lothrop St. RT · 22 yrs held
80 Lothrop St. RT
since 2004
7 recorded transactions
Zoning & alternative use
R6 · Beverly, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$965,000
+99.5%
Auto repair, garage
$860,000
+78.1%
Commercial (general)
$710,000
+46.9%
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 Beverly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly 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
by Request
ML approach
$470,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$485,000
Current use
RETAIL STORES
$965,000
Change: +99% · Conversion: Difficult
AUTO REPAIR, GARAGE
$860,000
Change: +78% · Conversion: Difficult
COMMERCIAL (GENERAL)
$710,000
Change: +47% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$700,000
Change: +45% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$395,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$600k
Range $540k – $660k · ±10%
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
$113 / SF
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 2024Property tax & assessments
Tax year 2024
Tax billed
$18,355
Tax year 2024
Assessed value
$1,634,500
Assessed 2024
Previous assessed
$1,634,500
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$709,400
Assessed improvement
$925,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1869
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
1
Rooms
13
Bathrooms
5
Total area
5,303 SF
Lot
0.39 ac (17,049 SF)
Zoning code
R6
APN
BEVE M:0006 B:0007 L:
UPID
US38-1322832
Jurisdiction
BEVERLY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
R6 · Beverly, MA
Zoning R6 · permitted uses
R6 · Beverly, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$485,000
RETAIL STORES
Est. value
$965,000
AUTO REPAIR, GARAGE
Est. value
$860,000
COMMERCIAL (GENERAL)
Est. value
$710,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$700,000
INDUSTRIAL (GENERAL)
Est. value
$395,000
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1869
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
1
Rooms
13
Bathrooms
5
Lot
0.39 ac
Current owner
From public records · entity-resolved
80 Lothrop St. RT
Individual
Mailing address
80 LOTHROP ST, BEVERLY, MA 01915-5224
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 18, 2013
—
80 Lothrop Street RT
—
Deed Of Trust
related
$825,000 · North Shore Bank
Jul 1, 2005
—
80 Lothrop St. RT
—
Deed Of Trust
related
$95,000 · North Shore Bank
Jul 7, 2004
—
80 Lothrop St. RT
—
Deed Of Trust
related
$517,000 · Bay Colony Dev Corp
Mar 3, 2004
$1,250,000
80 Lothrop St. RT
Alexander,frances F
Grant Deed
$625,000 · North Shore Bank
Mar 3, 2004
—
80 Lothrop St. RT
—
Deed Of Trust
related
$500,000 · North Shore Bank
Jan 4, 1999
—
Frances F Alexander
—
Deed Of Trust
related
$126,500 · Beverly National Bank
Apr 27, 1992
—
Frances F Alexander
—
Deed Of Trust
related
$140,000 · Warren Five Cts Savings
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.
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