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

    92 Hanover St Newbury, MA 01951-1127

    • Gas stations
    • 3,024 SF
    • 2.20 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Last Sale
    Mar 30, 2023
    $365,000
    Location Intelligence
    Property ID
    US38-0859716
    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

    • Gas stations

    Property Details for 92 Hanover St

    Year built
    1990
    Construction
    STEEL FRAME
    Lot size
    2.20 lot acres
    Property size
    3,024 SF
    Zone code
    C324
    Property type
    Gas stations
    APN
    NEWB M:0R47 B:0000 L:0043A
    APU
    NEWBM0R47B0000L0043A

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $355,000

    • CAP approach

      CAP return
      Estimation
      6%
      $315,000
      6.5%
      $330,000
      7%
      $380,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $345,000
      Geo Method
      $345,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $345,000
      Retail
      $365,000
      Mixed-Use
      $290,000
      Hospitality
      $295,000
      Educational
      $295,000
      Residential Income
      $335,000
      Energy
      $390,000
      Income-Based Land
      $285,000
      Food Service
      $325,000

    Location Insight

    • Map
    • Local Demand
    City
    Newbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8764
    Latitude
    42.7915
    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
    $2,836
    $226,700
    $142,600
    $369,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $280,000
      752 SF

      34 High Rd

      SERVICE STATION (FULL SERVICE) • 752 SF
      34 High Rd, Newbury, MA 01951-1234
      View Details
    • Value Estimation
      $385,000
      2,484 SF

      24 Middle Rd

      AUTO REPAIR, GARAGE • 2,484 SF
      24 Middle Rd, Newbury, MA 01951-1109
      View Details
    • Value Estimation
      $895,000
      0.14 Acres

      24 Plum Is Blvd

      PARKING LOT • 0.14 Acres
      24 Plum Is Blvd, Newbury, MA 01951
      View Details
    • Value Estimation
      $280,000
      7,248 SF

      4 Newburyport Tpke

      VEHICLE SALES, RENTALS • 7,248 SF
      4 Newburyport Tpke, Newbury, MA 01951-1112
      View Details
    • Value Estimation
      $590,000
      0.13 Acres

      34 Plum Is Blvd

      PARKING LOT • 0.13 Acres
      34 Plum Is Blvd, Newbury, MA 01951-2028
      View Details
    • Value Estimation
      $400,000
      4,000 SF

      26 Middle Rd

      AUTO REPAIR, GARAGE • 4,000 SF
      26 Middle Rd, Newbury, MA 01951-1109
      View Details

    Similar Nearby for Sale

    • $699,000
      0.58 Acres

      Prime Salisbury Restaurant Opportunity

      Established Landmark, High-Volume Sales
      Starving Walker Way, Salisbury, MA 01951
      View Details
    • Contact for pricing
      110,948 SF

      Class A Storage Facility

      High-quality self-storage facility with expansion potential in Newbury, Massachusetts.
      131 Newburyport Tpke, Newbury, MA 01951
      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.
    92 Hanover St
    Newbury, MA 01951-1127
    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.