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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
1952 Ocean St, Marshfield, MA 02050-3424
Entity Owned
2-yr Hold
Free & Clear
Property ID
US38-1320092
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1950
Construction
FRAME
Total area
1,612 SF
Lot
0.4 ac (17,250 SF)
Zoning code
B-1
APN
MARS M:0H07 B:0001 L:0004
UPID
US38-1320092
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
-
Biviano General Contracting llc Construction Company General Contractor
-
Scully & Lagos Law Firm
-
Frank J Mc Gee Law Offices Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$485k
CAP Approach
CAP
$555k
Comparable Approach
Comparable
$508k
Blend (final)
Blend
$505k
Owner & transaction history
Makm LLC · 2 yrs held
Makm LLC
since 2023
Last sale
$599,999
6 recorded transactions
Zoning & alternative use
B-1 · Marshfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$335,000
+2.7%
Auto repair, garage
$335,000
+2.4%
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 Marshfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshfield 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
Method
Estimation
Statistic approach
$485,000
ML approach
$485,000
CAP Approach
CAP Return
Estimation
6%
$600,000
6.5%
$555,000
7%
$515,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$325,000
Current use
RETAIL STORES
$335,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$335,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$505k
Range $455k – $556k · ±10% · vs last sale $600k (Sep 19 2023)
Last sale anchor
$600k
Sep 19 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$313 / 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
$6,244
Tax year 2024
Assessed value
$601,000
Assessed 2024
Previous assessed
$601,000
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$416,600
Assessed improvement
$184,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
1,612 SF
Lot
0.4 ac (17,250 SF)
Zoning code
B-1
APN
MARS M:0H07 B:0001 L:0004
UPID
US38-1320092
Jurisdiction
MARSHFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
B-1 · Marshfield, MA
Zoning B-1 · permitted uses
B-1 · Marshfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marshfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$325,000
RETAIL STORES
Est. value
$335,000
AUTO REPAIR, GARAGE
Est. value
$335,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1950
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
0.4 ac
Current owner
From public records · entity-resolved
Makm LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1952 OCEAN ST, MARSHFIELD, MA 02050-3424
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 19, 2023
$599,999
Makm LLC
1952 Ocean Street RT
Quit Claim Arm's Length For Ne States
—
Jun 24, 2015
$255,000
1952 Ocean St Realty Trust
Moraine Trust
Quit Claim Deed
$204,000 · Scituate Fed'l S&l
Dec 14, 2004
—
Moraine RT
—
Deed Of Trust
related
$100,000 · Scituate Fsla
Jun 27, 1994
—
Moraine RT
—
Deed Of Trust
related
$100,000 · Rockland Trust Co
Jun 19, 1990
—
Moraine RT
—
Deed Of Trust
related
$110,000 · Myles Standish Cu
Jun 27, 1989
—
Moraine RT
—
Deed Of Trust
related
$15,000 · Myles Standish Cu
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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