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Property profile & analytics

99 Conifer Hill Dr Danvers, MA 01923

  • Office buildings
  • 64,091 SF
  • 3.69 lot acres
Value Estimation
$11,240,000
Last Sale
Mar 10, 2025
$12,000,000
Location Intelligence
Property ID
US38-1012878
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

  • benefactor / Consultant
  • Haley Norrgard, Counselor / Marriage Or Relationship Counselor / Mental Health Clinic
  • Teddie Hunt, Counselor / Psychiatrist / Child Psychologist
  • Gabriel Merlin, M.D. / Orthopedic Surgeon / Health Care Facility
  • Mortgage Network / Mortgage Lender

Property Details for 99 Conifer Hill Dr

Year built
2003
Construction
STEEL FRAME
Lot size
3.69 lot acres
Property size
64,091 SF
Zone code
HC
Property type
Office buildings
APN
DANV M:019 L:001 P:
APU
DANVM019L001P

Description

This exceptional Class A office building, located at 99 Conifer Hill Drive in Danvers, Massachusetts, offers 18,838 square feet of immediately available space within a larger 61,250 square foot building. The property boasts a desirable executive office subtype, suitable for a variety of businesses. Situated on a 3.69-acre lot, the three-story building provides ample parking with 242 spaces. The building features robust power infrastructure, including 1,600 amps / 480 Vac, 3-phase power. Its strategic location on Route 1, adjacent to the Interstate 95 interchange, ensures excellent accessibility and visibility. The Highway Corridor zoning allows for flexibility in potential uses. The building's proximity to numerous restaurants, hotels, and retail establishments provides added convenience for employees and clients. This presents a unique opportunity to secure high-quality office space in a thriving location within Essex County. The building is currently multi-tenant, offering the potential for expansion or consolidation depending on business needs. Up to 22,000 square feet may be available. The property's design allows for potential conversion to medical or laboratory use, subject to necessary approvals. The zip code is 01923.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $11,000,000
  • CAP approach

    CAP return
    Estimation
    6%
    $12,505,000
    6.5%
    $11,885,000
    7%
    $11,125,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $11,465,000
    Geo Method
    $10,855,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $11,260,000
    Retail
    $13,970,000
    Mixed-Use
    $14,380,000
    Hospitality
    $14,735,000
    Educational
    $11,160,000
    Residential Income
    $13,655,000
    Energy
    $14,590,000
    Income-Based Land
    $14,125,000
    Food Service
    $11,305,000

Location Insight

  • Map
  • Local Demand
City
Danvers
County
Essex
State
Massachusetts
Longitude
-70.9646
Latitude
42.5878
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
$134,143
$3,616,600
$3,595,400
$7,212,000
-
$0.00
$0.00
$0.00
More about this property
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