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    Property profile & analytics

    16 Chapman Ave Oak Bluffs, MA 02557

    • Turn key restaurants
    • 6,434 SF
    • 0.35 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1099118
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Turn key restaurants

    Property Details for 16 Chapman Ave

    Year built
    1955
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.35 lot acres
    Property size
    6,434 SF
    Zone code
    B1
    Property type
    Turn key restaurants
    APN
    OAKB M:0008 B:0075 L:000
    APU
    OAKBM0008B0075L000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oak Bluffs
    County
    Dukes
    State
    Massachusetts
    Longitude
    -70.5635
    Latitude
    41.4596
    CBSA code
    47240
    CBSA name
    VINEYARD HAVEN, MA MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,364
    $1,044,600
    $7,200
    $1,051,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,294 SF

      23 Lk Ave

      RESTAURANT • 2,294 SF
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    • Value Estimation
      $3,040,000
      4,177 SF

      30 Kennebec Ave

      RESTAURANT • 4,177 SF
      30 Kennebec Ave, Oak Bluffs, MA 02557-6987
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    • Value Estimation by Request
      4,692 SF

      29 Lk Ave

      RESTAURANT • 4,692 SF
      29 Lk Ave, Oak Bluffs, MA 02557
      View Details
    • Value Estimation
      $1,505,000
      1,582 SF

      63 Circuit Ave

      RESTAURANT • 1,582 SF
      63 Circuit Ave, Oak Bluffs, MA 02557
      View Details
    • Value Estimation by Request
      1,764 SF

      8 Sea Vw Ave Ext

      RESTAURANT • 1,764 SF
      8 Sea Vw Ave Ext, Oak Bluffs, MA 02557
      View Details
    • Value Estimation by Request
      5,836 SF

      15 Is Inn Rd

      RESTAURANT • 5,836 SF
      15 Is Inn Rd, Oak Bluffs, MA 02557
      View Details

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    16 Chapman Ave
    Oak Bluffs, MA 02557
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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