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Property profile & analytics
OFF-MARKET
Estimated value
$955,000
Showrooms
10 Ocean Ave, Marblehead, MA 01945-3016
Individually Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-0163417
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
2010
Construction
FRAME
Total area
4,260 SF
Lot
0.58 ac (25,454 SF)
Zoning code
SR
APN
MARB M:0088 B:0033 L:0
UPID
US38-0163417
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Atlantic Veterinary Hospital Veterinary Clinic
-
Siewko Leslie DVM Veterinary Clinic
-
Reilly Katanna DVM Veterinary Clinic
-
Story Jason DVM Veterinary Clinic
-
Atlantic Veterinary Hospital - Kate Cronin, DVM Veterinary Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.33M
Comparable Approach
Comparable
$782k
Blend (final)
Blend
$955k
Owner & transaction history
Ocean RT · 16 yrs held
Ocean RT
since 2009
7 recorded transactions
Zoning & alternative use
SR · Marblehead, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Marblehead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marblehead submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,440,000
6.5%
$1,325,000
7%
$1,230,000
Blend value · Realmo final
$955k
Range $860k – $1.05M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,173
Tax year 2024
Assessed value
$1,247,000
Assessed 2024
Previous assessed
$1,149,900
+8.4% YoY
Effective rate
0.90%
On assessed value
Assessed land
$873,800
Assessed improvement
$373,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
2010
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
4,260 SF
Lot
0.58 ac (25,454 SF)
Zoning code
SR
APN
MARB M:0088 B:0033 L:0
UPID
US38-0163417
Jurisdiction
MARBLEHEAD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
SR · Marblehead, MA
Zoning SR · permitted uses
SR · Marblehead, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marblehead. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.58 ac
Current owner
From public records · entity-resolved
Ocean RT
Individual
Mailing address
16 HIGH ST, MARBLEHEAD, MA 01945-3408
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2017
—
10 Ocean RT
—
Deed
related
$872,000 · Eastern Bank
Mar 3, 2011
—
10 Ocean RT
—
Deed Of Trust
related
$561,000 · Bay Colony Dev Corp
Sep 1, 2009
$575,000
Ocean RT
350 RT
Deed
$1,170,000 · Natl Grand Bk Marblhd
Apr 6, 2007
—
Elf Realty LLC
—
Deed Of Trust
related
$267,400 · Century Bank & Trust Co
Jul 8, 2003
—
10 Ocean Avenue Nt
—
Deed Of Trust
related
$390,000 · Marblehead Savings Bank
Dec 3, 2002
—
10 Ocean Ave Nt
—
Deed Of Trust
related
$375,000 · Marblehead Savings Bank
Dec 11, 1997
—
10 Ocean Ave Nt
—
Deed Of Trust
related
$250,000 · Marblehead Savings Bank
Jan 19, 1993
—
10 Ocean Ave Nt
—
Deed Of Trust
related
$65,000 · Marblehead Savings Bank
Apr 19, 1991
—
Osborne,charles E Tr
—
Deed Of Trust
related
$130,000 · Marblehead Savings Bank
Jan 30, 1987
—
Charles E Osborne
—
Deed Of Trust
related
$21,100 · National Grand Bank Marblhd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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