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Property profile & analytics
OFF-MARKET
Turn key restaurants
13 Fair St Nantucket, MA 02554-3741
Entity Owned
35-yr Hold
Free & Clear
Property ID
US38-0678569
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1812
Construction
FRAME
Total area
5,972 SF
Lot
0.12 ac (5,227 SF)
Zoning code
ROH
APN
NANT M:04232 P:00064
UPID
US38-0678569
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
-
Ships Inn Bed & Breakfast Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ships Inn Nantucket LP · 35 yrs held
Ships Inn Nantucket LP
since 1991
1 recorded transaction
Zoning & alternative use
ROH · Nantucket, 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 Nantucket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nantucket 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$26,849
Tax year 2024
Assessed value
$5,065,900
Assessed 2024
Previous assessed
$4,757,100
+6.5% YoY
Effective rate
0.53%
On assessed value
Assessed land
$1,350,100
Assessed improvement
$3,715,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1812
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
13
Bathrooms
4
Total area
5,972 SF
Lot
0.12 ac (5,227 SF)
Zoning code
ROH
APN
NANT M:04232 P:00064
UPID
US38-0678569
Jurisdiction
NANTUCKET
Zoning & alternative use
ROH · Nantucket, MA
Zoning ROH · permitted uses
ROH · Nantucket, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nantucket. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1812
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
13
Bathrooms
4
Lot
0.12 ac
Current owner
From public records · entity-resolved
Ships Inn Nantucket LP
Entity
Free & Clear · 35 yrs held
Mailing address
13 FAIR ST, NANTUCKET, MA 02554-3741
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 1991
$1,250,000
Ships Inn Nantucket LP
Jellene INC,howard M
Grant Deed
—
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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