230 Independence Way, Danvers, MA 01923 - Valuation report, cap rates, free data
Loading...

230 Independence Way, Danvers, MA 01923

Indicative value *
$8M - $9.8M
* 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
Type
Edit type and size
We provide a detailed valuation report based on actual property financials and market data
Delivered on the same business day
We sift through thousands of loan programs and find the best options tailored to this property
Delivered on the same business day
C
Overall location
score
77
Value decline
risk score
87
Value growth
potential score
  • Popular area with foot traffic score of 81 (out of 100)
  • Close to highway, highway score is 93 (out of 100)
  • High business growth
  • Large-sized business tenants in the area, including East Boston Savings Bank, Care Dimensions, Eliza, Professional Profiles Inc, Townsend Oil Company Inc., Essen Foods Inc., Amy's Hallmark Shop, Essex County Ob/gyn Assoc. Inc., Cranney Companies, Century House Of Peabody Inc., Construction Management & Builders Inc.
  • Business district area with 16% of people residing in the area and 84% commuting here for work
  • A number of amenities in the area, but not many
  • Average retail growth
  • Medium household income of $67,457/year in 0.3mi and $64,936/year in 3mi
  • Medium population density of 2,081/sq.mi. in 0.3mi and 3,159/sq.mi. in 3mi
  • Access to public transit is average with transit score of 15 (out of 100)
  • Population has average level of education with 41% of people with bachelor degrees
  • A number of amenities within walking distance but not many, including restaurants Sea Lion Sushi, Applebee's, Mandarin Danvers, Liberty Tree Mall, Firehouse Subs
  • USA / Massachusetts / 01923 / 230 Independence Way, Danvers, MA 01923, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    24959
    112
    12/17/19
    Retail
    27479
    171
    07/01/19
    Retail
    24692
    342
    5.01
    05/10/19
    Retail
    45413
    400
    04/01/19
    Retail
    27581
    456
    01/23/19
    Retail
    19721
    403
    4.17
    08/21/18
    Retail
    48440
    144
    08/06/18
    Retail
    27530
    435
    7.09
    07/20/18
    Retail
    32041
    460
    10/04/17
    Retail
    48378
    108
    17.81
    07/17/17
    Retail
    22503
    280
    04/07/17
    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
    Update comps
    Loading...
    Name
    Sector
    National Headcount
    Loading...

    Retail Landscape

    Foot traffic

    Population Density

    Income

    Business Density

    Salaries

    Highways

    Public Transit

    Contact Us
    Learn more about how we are redefining commercial real estate lending and investment
    156 2nd Street, suite 415
    San Francisco, CA, 94105