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Property profile & analytics
OFF-MARKET
Estimated value
$3,650,000
Parking lots & garages
18 Atlantic Ave Marblehead, MA 01945-3231
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US38-0836273
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING LOT
Year built
1784
Construction
FRAME
Total area
5,008 SF
Lot
0.16 ac (7,156 SF)
Zoning code
BR
APN
MARB M:0130 B:0002 L:0
UPID
US38-0836273
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.65M
Owner & transaction history
G S C S LLC · 21 yrs held
G S C S LLC
since 2005
7 recorded transactions
Zoning & alternative use
BR · 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
$729 / 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
$6,455
Tax year 2024
Assessed value
$720,400
Assessed 2024
Previous assessed
$621,300
+16.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$720,400
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
Parking lots & garages
Use group
PARKING LOT
Status
Off-Market
Year built
1784
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
3
Rooms
9
Bathrooms
4
Total area
5,008 SF
Lot
0.16 ac (7,156 SF)
Zoning code
BR
APN
MARB M:0130 B:0002 L:0
UPID
US38-0836273
Jurisdiction
MARBLEHEAD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BR · Marblehead, MA
Zoning BR · permitted uses
BR · 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
1784
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
3
Rooms
9
Bathrooms
4
Lot
0.16 ac
Current owner
From public records · entity-resolved
G S C S LLC
Entity
Mailing address
16 ATLANTIC AVE, MARBLEHEAD, MA 01945-3231
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 8, 2022
—
Sexteen Atlantic Ave LLC
—
Deed
related
$500,000 · Brookline Bank
Mar 20, 2013
—
Gscs LLC
—
Deed Of Trust
related
$348,000 · Brookline Savings Bank
Mar 21, 2005
$650,000
G S C S LLC
Weron LLC
Grant Deed
$400,000 · Salem Five Cents Savings Bank
Mar 21, 2005
—
G S C S LLC
—
Deed Of Trust
related
$200,000 · Weron LLC
Aug 11, 2003
—
Weron LLC
—
Deed Of Trust
related
$121,422 · Banknorth NA
Jul 30, 1998
—
Weron RT
—
Deed Of Trust
related
$125,000 · Marblehead Savings Bank
Nov 1, 1996
—
Weron RT
—
Deed Of Trust
related
$145,000 · Beverly National Bank
Mar 31, 1993
—
Weron RT
—
Deed Of Trust
related
$184,733 · Shawmut Bank Of Boston
Sep 17, 1992
—
Weron RT
—
Deed Of Trust
related
$95,000 · Beverly National Bank
Apr 3, 1991
—
Weron RT
—
Deed Of Trust
related
$187,154 · Shawmut Bank Of Boston
May 25, 1990
—
Weron RT
—
Deed Of Trust
related
$6,500 · George Peabody Cp Bk
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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