Entity Owned Property summary
This exceptional 0.28-acre corner lot at 2 Plum Island Blvd. (also known as 2 Sunset Drive), Newbury, MA, presents a unique investment opportunity. Boasting frontage on both Plum Island Boulevard and Sunset Drive, this property enjoys a prime location at the crossroads of Plum Island, offering unparalleled visibility and accessibility. The existing structure, totaling 4,519 square feet including a 512 square foot patio, currently functions as a restaurant, permitted by-right. Alternatively,… the property allows for the construction of a 4,000+ square foot residential home with an ancillary unit, also by-right. Zoning regulations further permit applications for special permits to explore diverse uses, including multiple residential units or other commercial ventures, potentially allowing for increased building size. A legal opinion letter is available for qualified buyers to review zoning and development possibilities. This property benefits from its proximity to the ocean, offering stunning Newburyport sunsets, and its close proximity to downtown Newburyport. The strong demographics and year-round appeal of this location, unlike many seasonal destinations, ensure consistent demand and high return potential. This is a rare chance to acquire a versatile property in a highly desirable location with significant upside potential. Don't miss this opportunity to capitalize on the unique blend of residential and commercial possibilities.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2024
Value estimate
· Nov 2026Realmo valuation models over county records and 5 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 9 properties nearbyComparable nearby
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,925 SF
- Lot area
- 0.28 ac
- Year built
- 1970
- Stories
- 1
- APN
- NEWB M:0U02 B:0000 L:00132
- Zoning
- AR4
- Assessed value · 2024
- $733,900
- Annual tax · 2024
- $5,636
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
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- Local Market trends
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Still being built. It lands here next, beside the two above.
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