Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    23 Federal St Nantucket, MA 02554-6113

    • Office buildings
    • 2,514 SF
    • 0.03 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-0368387
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Studio Nantucket / Gym / Personal Trainer

    Property Details for 23 Federal St

    Year built
    1984
    Construction
    FRAME
    Lot size
    0.03 lot acres
    Property size
    2,514 SF
    Zone code
    CDT
    Property type
    Office buildings
    APN
    NANT M:04231 P:00009-3
    APU
    NANTM04231P000093

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nantucket
    County
    Nantucket
    State
    Massachusetts
    Longitude
    -70.099
    Latitude
    41.2846

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $15,228
    $1,851,700
    $1,021,600
    $2,873,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,347 SF

      126 Old S Rd

      OFFICE BUILDING • 3,347 SF
      126 Old S Rd, Nantucket, MA 02554-6129
      View Details
    • Value Estimation by Request
      4,879 SF

      117 Pleasant St

      OFFICE BUILDING • 4,879 SF
      117 Pleasant St, Nantucket, MA 02554-4056
      View Details
    • Value Estimation by Request
      3,269 SF

      20 Arrowhead Dr

      OFFICE BUILDING • 3,269 SF
      20 Arrowhead Dr, Nantucket, MA 02554-3105
      View Details
    • Value Estimation
      $335,000
      504 SF

      51 Nobadeer Farm Rd

      OFFICE BUILDING • 504 SF
      51 Nobadeer Farm Rd, Nantucket, MA 02554-3101
      View Details
    • Value Estimation
      $400,000
      1,016 SF

      3 Nobska Way

      OFFICE BUILDING • 1,016 SF
      3 Nobska Way, Nantucket, MA 02554-2723
      View Details
    • Value Estimation
      $420,000
      1,966 SF

      7 Windy Way

      OFFICE BUILDING • 1,966 SF
      7 Windy Way, Nantucket, MA 02554-2776
      View Details

    Similar Nearby for Sale

    • $9,500,000
      4,799 SF

      Nantucket Prime Retail Corner

      Historic Nantucket mixed-use gem, high NOI.
      33 Main St, Nantucket, MA 02554
      View Details
    • $2,400,000

      Nantucket Land Parcel For Sale

      Land parcel available in Nantucket, Massachusetts.
      9 Correia Ln, Nantucket, MA 02554
      View Details
    • $1,599,000

      Nantucket Land For Sale

      Land available in Nantucket, Massachusetts.
      20 Nancy Ann Ln, Nantucket, MA 02554
      View Details
    • $2,175,000
      1.10 Acres

      Private Wooded Lot in Surfside

      Secluded 1.1 acre lot near South Shore Road.
      15c Correia Ln, Nantucket, MA 02554
      View Details
    • $1,650,000
      0.46 Acres

      Nantucket Vacant Lot Opportunity

      Half-acre vacant lot in Nantucket's Surfside area.
      11 Woodland Dr, Nantucket, MA 02554
      View Details
    • $3,250,000

      Nantucket Commercial Land Opportunity

      Commercial land available in Nantucket with multiple purchase options.
      13 Nancy Ann Ln, Nantucket, MA 02554
      View Details

    Similar Nearby for Lease

    • $70 SF/Yr

      Nantucket Office Space For Lease

      Office space for lease in a mid-island Nantucket location.
      5 Windy Way, Nantucket, MA 02554
      View Details
    • Contact for pricing
      1,150 SF

      Nantucket Office/Retail Space Available

      Two office/retail suites available for immediate occupancy in Nantucket.
      15 N Beach St, Nantucket, MA 02554
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    23 Federal St
    Nantucket, MA 02554-6113
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.