Property profile

1 Chop Dr Oak Bluffs, MA 02557

OFF-MARKET
Investment properties
Property ID
US38-1842531
8,362 SF 0.52 ac lot Built 1880
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1880
Construction FRAME
Total area 8,362 SF
Lot 0.52 ac (22,677 SF)
Zoning code B1
APN OAKB M:0008 B:0137 L:000
UPID US38-1842531

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Tour Operator Travel Agency
  • Restaurant

Location

1 Chop Dr Oak Bluffs, MA 02557-6856
Oak Bluffs metro Census 200200 VINEYARD HAVEN, MA MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.85M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.27M
Blend (final) Blend
$4.85M

Owner & transaction history

since 2024
Last sale
$4.9M
5 recorded transactions
2024
Price N/A
2024
$4.9M
2007
$1
1996
$2.6M
1994
$1.4M

Zoning & alternative use

B1 · Oak Bluffs, MA
Zoning description

5.1.5 Special Permit in the B -1 District. (Section added STM 12.2.03 Art 16 , AG Approved 3.26.04, Published 4.9.04) 1. Purpose. The B-1 District is the business area of Oak Bluffs. Parking generally provided on street…

General category COMMERCIAL
Top alternative use upside
Retail stores $7.6M +57.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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