Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

118 Pleasant St 21-E Marblehead, MA 01945

FOR SALE
Other investment properties
Property ID
US38-1436944
11,498 SF 0.18 ac lot Built 1940
Last sale Jan 2015 · $950,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years.
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Property summary

AI-generated overview

The property is a small office suite within a professional office building. The suite is approximately 106 square feet and is configured for client-facing use, featuring central air conditioning and high ceilings. The building is located on a bus line and provides convenient walk-out access to nearby shops, restaurants, theater options, and the harbor area, including proximity to Old Town. The space is suited for use as a compact office base for in-person client meetings within the office building.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$1.13M
Assessed land$495k
Assessed improvement$632k
Effective rate0.90%

Value estimate

· Oct 2026
$1.70M
$1.53M – $1.87M
Submarket $/SF estimate$2.21M
NOI build-up
Gross scheduled income$5k
Vacancy & credit loss−$1k
Operating expenses−$1k
NOI · 892.00% cap applied$3k

Realmo valuation models over county records and 24 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 comparables24

Cap rate analysis

How does the asset earn?
892.00%
$3k 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?
B1
The purpose of B1 district is to promote automotive and commercial service uses.
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

118 Pleasant St, Unit 21-E Marblehead, MA 01945
County assessor Recorded deeds · 5 transfers 24 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
9 State, Marblehead, MA 01945-3592 $1,525,000 Mar 2023 6,105 SF
185 Pleasant, Marblehead, MA 01945-2378 $1,165,000 Sep 2022 4,624 SF
33 Smith, Marblehead, MA 01945-2051 $3,750,000 Apr 2021 17,090 SF
28 Atlantic, Marblehead, MA 01945-3287 $900,000 May 2020 6,228 SF
9-11 Pleasant, Marblehead, MA 01945 $376,000 May 2019 6,162 SF
92 Washington, Marblehead, MA 01945-3687 $600,000 Feb 2019 5,722 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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