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Property profile & analytics
OFF-MARKET Estimated value $6,160,000
Commercial real estate

82 Riv St Beverly, MA 01915-4223

44,008 SF 3.68 ac lot Built 1968
Individually Owned 24-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US38-1017069
Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1968
Construction FRAME
Total area 44,008 SF
Lot 3.68 ac (160,301 SF)
Zoning code IG
APN BEVE M:0010 B:0222 L:
UPID US38-1017069
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.36M
Blend (final) Blend
$6.16M
Owner & transaction history
Michele Beck · 24 yrs held
Michele Beck
since 2001
2 recorded transactions
2001
Price N/A
1998
Price N/A
Zoning & alternative use
IG · Beverly, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial (CG), Restricted Industrial (IR), IR Overlay, General Industrial (IG), Hospital District (HD), or Beverly Harbor District (BHD) zones. Additionally, the Design Review Board will review all projects that involve new noncommercial uses on or in first floor street-facing facades in the CC Zoning District, and those projects involving special permits…

Zone name General Industrial
General category INDUSTRIAL
Zone area 169.28 ac
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