Property profile

194 Pleasant St Marblehead, MA 01945

OFF-MARKET
Office buildings
Property ID
US38-1457214
6,832 SF 0.16 ac lot Built 1970
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1970
Construction FRAME
Total area 6,832 SF
Lot 0.16 ac (6,856 SF)
Zoning code BR
APN MARB M:0109 B:0065 L:0
UPID US38-1457214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

194 Pleasant St Marblehead, MA 01945
Marblehead metro Census 203200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.06M
Blend (final) Blend
$355k

Owner & transaction history

Zoning & alternative use

BR · Marblehead, MA
Zoning description

e GR General Residence SGR Shoreline General Residence B Business U Unrestricted SU Shoreline Unrestricted ECR Expanded Central Residence CR Central Residence SC Shoreline Central Residence H Harborfront B1 Business - 1…

General category COMMERCIAL
Top alternative use upside
Restaurant $2.4M +34.3%
Commercial (general) $2.3M +32.3%
Apartment house (5+ units) $2.2M +24.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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