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Property profile & analytics
OFF-MARKET
Estimated value
$635,000
Retail space
1289 Ocean St Marshfield, MA 02050-3627
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-0564487
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1968
Construction
FRAME
Total area
4,470 SF
Lot
0.45 ac (19,750 SF)
APN
MARS M:0J09 B:0004 L:0007
UPID
US38-0564487
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
-
Marshfield Garage Doors Building Supply General Contractor
-
Major League Pizzeria Restaurant
-
Flavio's barber shop inc Barber Shop
-
Seaside Coffee Cafe & Coffee Shop
-
Wishbone Beauty Lounge Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$711k
Blend (final)
Blend
$635k
Owner & transaction history
1289 Ocean Street LLC · 10 yrs held
1289 Ocean Street LLC
since 2016
5 recorded transactions
Zoning & alternative use
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 Marshfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshfield 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$925,000
Current use
AUTO REPAIR, GARAGE
$925,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$905,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$800,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$635k
Range $572k – $699k · ±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
$142 / 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
$7,237
Tax year 2024
Assessed value
$696,500
Assessed 2024
Previous assessed
$696,500
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$351,300
Assessed improvement
$345,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1968
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
5
Bathrooms
7
Total area
4,470 SF
Lot
0.45 ac (19,750 SF)
APN
MARS M:0J09 B:0004 L:0007
UPID
US38-0564487
Jurisdiction
MARSHFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$925,000
AUTO REPAIR, GARAGE
Est. value
$925,000
OFFICE BUILDING
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$800,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
5
Bathrooms
7
Lot
0.45 ac
Current owner
From public records · entity-resolved
1289 Ocean Street LLC
Entity
Mailing address
1289 OCEAN ST, MARSHFIELD, MA 02050-3627
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 3, 2016
$355,000
1289 Ocean Street LLC
Brant Landing LLC
Quit Claim Arm's Length For Ne States
$240,000 · Eastern Bank
Aug 25, 2014
$330,000
Brant Landing LLC
Damico LP
Quit Claim Deed
$251,600 · Gary Needham
Dec 24, 2013
—
LP Damico
—
Deed Of Trust
related
$268,000 · Everett Coop Bank
Mar 31, 2003
$600,000
L P Damico
1297 Ocean St RT
Grant Deed
—
May 1, 1991
—
1297 Ocean St. RT
—
Deed Of Trust
related
$120,000 · Richard E Frye
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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