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Property profile & analytics
OFF-MARKET
Estimated value
$1,415,000
Specialty properties
815 Tpke St, North Andover, MA 01845-6123
Entity Owned
~
Est. High Equity
Property ID
US38-0547314
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1972
Total area
43,586 SF
Lot
3.69 ac (160,736 SF)
Zoning code
I1
APN
NAND M:00098 B:D0044 L:00000
UPID
US38-0547314
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
-
Culpeppers Pub & Grill Restaurant
-
Willows Racquet & Fitness Center Sports School Sports Field & Court
-
roberts tennis academy Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$920k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.92M
Blend (final)
Blend
$1.42M
Owner & transaction history
Sparkft NA LLC
Sparkft NA LLC
since 2026
6 recorded transactions
Zoning & alternative use
I1 · North Andover, 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 North Andover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs North Andover 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
$920,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.42M
Range $1.27M – $1.56M · ±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
$32 / 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
$48,686
Tax year 2024
Assessed value
$3,120,900
Assessed 2024
Previous assessed
$3,120,900
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$1,053,700
Assessed improvement
$2,067,200
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1972
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Total area
43,586 SF
Lot
3.69 ac (160,736 SF)
Zoning code
I1
APN
NAND M:00098 B:D0044 L:00000
UPID
US38-0547314
Jurisdiction
NORTH ANDOVER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
I1 · North Andover, MA
Zoning I1 · permitted uses
I1 · North Andover, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
North Andover. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Lot
3.69 ac
Current owner
From public records · entity-resolved
Sparkft NA LLC
Entity
Mailing address
815 TPKE ST, NORTH ANDOVER, MA 01845-6123
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2026
$8,675,000
Sparkft NA LLC
Sdp Corp
Deed
$4,337,500 · Eastern Bank
Mar 5, 2026
—
Sparkft NA LLC
—
Deed
related
$3,106,000 · Bay Colony Development Corp
Apr 29, 2003
—
Sdp Corp
—
Deed Of Trust
related
$600,000 · Northern Bank & Trust
Jan 14, 1994
$598,000
Sdp Corp
Fdic
Grant Deed
$400,000 · Northern Bank & Trust
Jan 12, 1990
—
Willows INC
—
Deed Of Trust
related
$900,000 · Baybank Merrimack Vly
Oct 19, 1989
—
Willows INC
—
Deed Of Trust
related
$1,050,000 · Bank Of Ne North
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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