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Property profile & analytics
OFF-MARKET
Individual retail properties
14 Bessom St Marblehead, MA 01945-2329
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-1076801
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
1993
Construction
FRAME
Total area
7,770 SF
Lot
0.31 ac (13,683 SF)
Zoning code
B1
APN
MARB M:0109 B:0035 L:0
UPID
US38-1076801
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
-
Muscular & Sports Therapy Center Alternative Medicine Practice Spa & Massage Center
-
Marblehead Fitness Center Gym & Fitness Center
-
Accelerated Physical Therapy Medical Clinic
-
FORM 01945 Gym & Fitness Center
-
Younger Faces by RNs Medical Clinic
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
14-18 Bessom Plaza LLC · 16 yrs held
14-18 Bessom Plaza LLC
since 2009
7 recorded transactions
Zoning & alternative use
B1 · 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
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
$12,969
Tax year 2024
Assessed value
$1,447,400
Assessed 2024
Previous assessed
$1,323,200
+9.4% YoY
Effective rate
0.90%
On assessed value
Assessed land
$903,100
Assessed improvement
$544,300
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
1993
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
7,770 SF
Lot
0.31 ac (13,683 SF)
Zoning code
B1
APN
MARB M:0109 B:0035 L:0
UPID
US38-1076801
Jurisdiction
MARBLEHEAD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
B1 · Marblehead, MA
Zoning B1 · permitted uses
B1 · 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
1993
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.31 ac
Current owner
From public records · entity-resolved
14-18 Bessom Plaza LLC
Entity
Mailing address
57 WHARF ST STE 2G, SALEM, MA 01970-5147
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 22, 2023
—
1 Stacey St LLC
—
Deed
related
$11,250,000 · Leader Bank NA
Feb 24, 2022
—
14-18 Bessom Plaza LLC
—
Deed
related
$9,800,000 · Leader Bank NA
Sep 18, 2018
—
14-18 Bessom Plaza LLC
—
Deed
related
$9,644,000 · East Boston Savings Bank
Sep 19, 2013
—
14-18 Bessom Plaza LLC
—
Deed Of Trust
related
$4,469,000 · Commerce Bank & Trust
Oct 16, 2009
$1
14-18 Bessom Plaza LLC
3 Plaza RT
Grant Deed
—
Dec 6, 2001
—
Plaza 3 RT
—
Deed Of Trust
related
$1,000,000 · Warren Five Cts Savings
Nov 5, 1998
—
Three RT Plaza
—
Deed Of Trust
related
$3,753,860 · Warren Five Cts Savings
Mar 12, 1998
—
Three RT Plaza
—
Deed Of Trust
related
$1,000,000 · Warren Five Cts Savings
May 13, 1993
—
Three RT Plaza
—
Deed Of Trust
related
$115,000 · Marblehead Savings Bank
Dec 15, 1992
—
Three RT Plaza
—
Deed Of Trust
related
$270,000 · Marblehead Savings Bank
Sep 18, 1992
$270,000
Three RT Plaza
Charbonnier,richard W
Grant Deed
—
Jun 21, 1990
—
Richard W Charbonnier
—
Deed Of Trust
related
$125,000 · Marblehead Savings Bank
Aug 25, 1987
$300,000
Three RT Plaza
Shinn,edward JR
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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