Financial
Distress signals
Property profile

261 Washington St 1 Marblehead, MA 01945

OFF-MARKET
Commercial real estate
Property ID
US38-0426874
1,048 SF Built 1900
Last sale Sep 1993 · $170,669
Individually Owned Owner of record is an individual. 33-yr Hold Held for 33 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$5k
Tax billed · 2024
Assessed value$587k
Assessed improvement$587k
Effective rate0.90%

Value estimate

· Sep 2026
$390k
$351k – $429k
AI approach$390k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$340/SF
ZIP average, outlier-cleaned · 26 recorded sales of this use type
Observed band · Q1–Q3$192 – $517
Qualifying comparables9

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BR
The intent of BR district is to promote two family dwelling and business uses such as boat services and parking facility etc.
General categoryCOMMERCIAL
JurisdictionMARBLEHEAD

Location intelligence

Which uses thrive at this corner?
Best fit: Grocery Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Grocery Store12.8
Bakery11.2
Dental Office11.2

Location

261 Washington St, Unit 1 Marblehead, MA 01945-3335
County assessor Recorded deeds · 6 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
114 Pleasant, Marblehead, MA 01945-2340 $570,000 Feb 2025 1,726 SF
60 Atlantic Ave, Marblehead, MA 01945-3068 $410,000 Apr 2022 1,143 SF
132 Washington, Marblehead, MA 01945-3538 $520,000 Jan 2022 1,683 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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