Financial
Distress signals
Property profile

20 Sewall St 2 Marblehead, MA 01945

FOR LEASE
Office buildings
Property ID
US38-1809061
2,166 SF 0.1 ac lot Built 1900
Last sale Mar 2022 · $725,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A second-floor office unit at 20 Sewall Street, #2, in downtown Marblehead. The unit provides 1,080 square feet of space arranged across two large rooms, with high beamed ceilings measuring 9+ feet and abundant natural light. Flooring consists of hardwood throughout, and the unit includes a restroom. The existing configuration supports professional office uses such as architecture, insurance, financial services, design, marketing, law, education, and fitness. The building was constructed in

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$709k
Assessed land$422k
Assessed improvement$287k
Effective rate0.90%

Value estimate

· Sep 2026
$810k
$729k – $891k
AI approach$780k
CAP approach$990k
Sales comparison$619k
NOI build-up
Gross scheduled income$49k
Vacancy & credit loss−$9k
Operating expenses−$10k
NOI · 1,368.32% cap applied$30k

Realmo valuation models over county records and 11 qualifying comparable sales.

Recently sold

What actually traded nearby?
$257/SF
County average, outlier-cleaned · 417 recorded sales of this use type
Observed band · Q1–Q3$156 – $403
Qualifying comparables11

Cap rate analysis

How does the asset earn?
1,368.32%
$30k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B1
The purpose of B1 district is to promote automotive and commercial service uses.
General categoryCOMMERCIAL
JurisdictionMARBLEHEAD

Location intelligence

Which uses thrive at this corner?
Best fit: Bakery
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Bakery10.5
Convenience Store10.3
Grocery Store10.2

Location

20 Sewall St, Unit 2 Marblehead, MA 01945
County assessor Recorded deeds · 8 transfers 11 qualifying comp sales Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
7 Central, Marblehead, MA 01945 $750,000 Jan 2026 1,471 SF
1 Story, Marblehead, MA 01945-3315 $250,000 Feb 2025 2,041 SF
4 Atlantic, Marblehead, MA 01945-3296 $300,000 Aug 2023 476 SF
24 Prospect, Marblehead, MA 01945-3154 $550,000 Sep 2020 1,320 SF
9 Atlantic, Marblehead, MA 01945-3293 $1,437,244 Jun 2019 7,797 SF
3 Beringer, Marblehead, MA 01945-2543 $190,000 Jun 2019 2,550 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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