2 River St, Danvers, MA 01923 - Valuation report, cap rates, free data
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2 River St, Danvers, MA 01923

Indicative value *
$0.3M - $0.4M
* This indicative valuation is based on sales of other properties in the area, where data is available (see interactive map in the Sales Transactions tab below). For more accurate valuation, please request
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C
Overall location
score
61
Value decline
risk score
48
Value growth
potential score
  • On a highway, highway score is 100 (out of 100)
  • Large-sized business tenants in the area, including Professional Profiles Inc, New England Homes For The Deaf Inc ., Danversport Yacht Club Llc, Cranney Companies, Breen & Sullivan Mechanical Services, Inc, Marine Polymer Technologies I, Harmeling Physical Therapy & Sports Fitness, Inc., North Shore Ear Nose & Throat Assoc. Pc, North Shore Ear Nose & Throat Associates, Danvers Motor Company Inc., Cubicle Connections Inc
  • Mix of residential and commercial buildings with 49% of people residing in the area and 51% commuting here for work
  • A number of amenities in the area, but not many
  • Area has average popularity with foot traffic score of 46 (out of 100)
  • Medium household income of $73,531/year in 0.3mi and $64,749/year in 3mi
  • Medium population density of 2,099/sq.mi. in 0.3mi and 3,335/sq.mi. in 3mi
  • Access to public transit is average with transit score of 21 (out of 100)
  • Population has average level of education with 30% of people with bachelor degrees
  • A number of amenities within walking distance but not many, including restaurants Portside Diner, Bella Mia Pizza & More, Sam & Joe's Restaurant, Jack's Take Out, Harbor Cafe
  • Low retail growth
  • Limited business growth
  • USA / Massachusetts / 01923 / 2 River St, Danvers, MA 01923, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    1224
    469
    12/31/19
    Retail
    1076
    297
    6.49
    11/27/19
    Retail
    1458
    296
    5.95
    09/28/18
    Retail
    1190
    1008
    03/30/18
    Retail
    1440
    281
    6.72
    11/02/17
    Retail
    1372
    728
    2.4
    10/16/17
    Retail
    Estimated cap rates are calculated assuming current average market rents, market vacancy, and average costs for each property. Actual cap rates may differ substantially if the property had lower or higher rents than average for the market, or had a higher or lower than market vacancy, or costs
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    Retail Landscape

    Foot traffic

    Population Density

    Income

    Business Density

    Salaries

    Highways

    Public Transit

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