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Property profile & analytics
OFF-MARKET Estimated value $660,000
Retail space

1948 Ocean St Marshfield, MA 02050-3424

2,212 SF 0.36 ac lot Built 1921
Entity Owned 5-yr Hold Free & Clear
Property ID
US38-1544386
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1921
Construction FRAME
Total area 2,212 SF
Lot 0.36 ac (15,840 SF)
Zoning code B-1
APN MARS M:0H07 B:0001 L:0005
UPID US38-1544386
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
  • Pelle Sana Aesthetics Medical Clinic Skin Care Clinic
  • Unplug & Be Mindful Yoga- Energy Center Gym & Fitness Center
  • Procuts Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$710k
CAP Approach CAP
$560k
Comparable Approach Comparable
$594k
Blend (final) Blend
$660k
Owner & transaction history
Nbms LLC · 5 yrs held
Nbms LLC
since 2021
Last sale
$667,500
2 recorded transactions
2021
$667,500
2006
$1
Zoning & alternative use
B-1 · Marshfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Mixed-use building in the B-1 District (see § 305-11.16 ) - - - - S - - - - - - - - - 9. Affordable Village attached dwellings (see § 305-13.06 PMUD) *Affordable Village only in the WRPD within the PMUD - - - - - - - - - - - S S* - Community Facilities 1. Church or other religious purposes P P P P P P P P P P P P P P 2. Educational purposes which are religio…

Zone name Business Mixed Use
General category MIXED_USE
Zone area 117.41 ac
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