Financial
Distress signals
Property profile

988 Plain St Marshfield, MA 02050

FOR LEASE
Office buildings
Property ID
US38-0528541
3,200 SF 0.61 ac lot Built 2004
Last sale May 2025 · $995,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

988 Plain Street is a professionally maintained office building featuring a lower-level suite with a flexible interior layout that can be configured as multiple private offices or as a single larger office space within the suite. The suite provides access to shared common areas, a shared conference room, and a complimentary coffee station. The building is located on Route 139 along Marshfield’s primary commercial corridor, with direct connection to Route 139 and ample on-site parking; it is

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?
$10k
Tax billed · 2024
Assessed value$993k
Assessed land$500k
Assessed improvement$493k
Effective rate1.04%

Value estimate

· Sep 2026
$935k
$842k – $1.03M
CAP approach$1.10M
Sales comparison$1.01M
NOI build-up
Gross scheduled income$108k
Vacancy & credit loss−$18k
Operating expenses−$22k
NOI · 1,338.62% cap applied$67k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$202/SF
County average, outlier-cleaned · 232 recorded sales of this use type
Observed band · Q1–Q3$114 – $315
Qualifying comparables10

Cap rate analysis

How does the asset earn?
1,338.62%
$67k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
able attached to this bylaw which is declared to be a part of this bylaw. In addition, uses are subject to Articles XI , XIII and XV wher...
General categoryCOMMERCIAL
JurisdictionMARSHFIELD

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.7
Bakery8.6
Pawn Shop8.6

Location

988 Plain St Marshfield, MA 02050
County assessor Recorded deeds · 9 transfers 10 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
737 Webster, Marshfield, MA 02050-4952 $685,000 Jan 2026 3,696 SF
1423 Ocean, Marshfield, MA 02050-3532 $639,000 Mar 2022 3,403 SF
2016 Ocean, Marshfield, MA 02050-3115 $725,000 Oct 2021 3,107 SF
551 Pln, Marshfield, MA 02050-2713 $425,000 Mar 2020 2,373 SF
541 Pln, Marshfield, MA 02050-2752 $690,000 Jan 2020 4,128 SF
465 Furnace, Marshfield, MA 02050-2313 $549,500 Nov 2019 3,420 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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