250 Independence Way, Danvers, MA 01923 - Valuation report, cap rates, free data
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250 Independence Way, Danvers, MA 01923

Indicative value *
$2.9M - $3.6M
* 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
72
Value decline
risk score
85
Value growth
potential score
  • Close to highway, highway score is 91 (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 18% of people residing in the area and 82% commuting here for work
  • A number of amenities in the area, but not many
  • Area has average popularity with foot traffic score of 71 (out of 100)
  • Average retail growth
  • Medium household income of $66,865/year in 0.3mi and $64,652/year in 3mi
  • Medium population density of 2,106/sq.mi. in 0.3mi and 3,144/sq.mi. in 3mi
  • Access to public transit is average with transit score of 14 (out of 100)
  • Population has average level of education with 40% of people with bachelor degrees
  • A number of amenities within walking distance but not many, including restaurants Sea Lion Sushi, Mandarin Danvers, Liberty Tree Mall, Panera Bread, Chuck E. Cheese's
  • USA / Massachusetts / 01923 / 250 Independence Way, Danvers, MA 01923, USA Sign up for free property alerts
    Size
    Price
    $/SF
    Estimated
    cap rate
    Date
    Type
    57646
    176
    10.85
    01/10/20
    Retail
    33012
    213
    13.25
    12/31/19
    Retail
    23240
    92
    28.43
    03/01/19
    Retail
    24650
    114
    03/16/18
    Retail
    27160
    73
    31.35
    03/09/18
    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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