99 Conifer Hl Dr Danvers, MA 01923-1193
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.
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benefactor Consultant
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Haley Norrgard, Counselor Psychiatrist Psychologist
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Teddie Hunt, Counselor Physician
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Gabriel Merlin, M.D. Physician
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Mortgage Network Loan Service Bank
-IA District TABLE 3 - TABLE OF DIMENSIONAL REQUIREMENTS - COMMERCIAL & INDUSTRIAL - (* see section 7.3 for Supplemental Provisions) approved by Town Meeting on Janaury 29, 2007 PARKING SETBACKS from HIGHWAY CORRIDOR (HC) 100 = Res. Use 50 = R-IA District 25 = all other 100 = Res. Use 50 = R-IA District 25 = all other NA 50= res. Property 20 = R-IA District…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
HC · Danvers, MA-IA District TABLE 3 - TABLE OF DIMENSIONAL REQUIREMENTS - COMMERCIAL & INDUSTRIAL - (* see section 7.3 for Supplemental Provisions) approved by Town Meeting on Janaury 29, 2007 PARKING SETBACKS from HIGHWAY CORRIDOR (HC) 100 = Res. Use 50 = R-IA District 25 = all other 100 = Res. Use 50 = R-IA District 25 = all other NA 50= res. Property 20 = R-IA District COMMERCIAL IA (C-IA) COMMERCIAL III (C-III
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.