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    Property profile & analytics

    23 Water St Nantucket, MA 02554-3556

    • Turn key restaurants
    • 7,933 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1599305
    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

    • The Rose and Crown / American Restaurant / Family Restaurant

    Property Details for 23 Water St

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.15 lot acres
    Property size
    7,933 SF
    Zone code
    CDT
    Property type
    Turn key restaurants
    APN
    NANT M:04242 P:00073
    APU
    NANTM04242P00073

    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
    -70.0985
    Latitude
    41.2852

    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
    $47,584
    $5,480,700
    $3,497,500
    $8,978,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,632 SF

      23 Washington St

      RESTAURANT • 3,632 SF
      23 Washington St, Nantucket, MA 02554-3848
      View Details
    • Value Estimation by Request
      1,416 SF

      11 Crk Rd

      RESTAURANT • 1,416 SF
      11 Crk Rd, Nantucket, MA 02554-4031
      View Details
    • Value Estimation by Request
      7,096 SF

      38 Main St

      RESTAURANT • 7,096 SF
      38 Main St, Nantucket, MA 02554-3531
      View Details
    • Value Estimation by Request
      1,816 SF

      17 Old S Rd

      RESTAURANT • 1,816 SF
      17 Old S Rd, Nantucket, MA 02554-6065
      View Details
    • Value Estimation by Request
      2,653 SF

      130 Pleasant St

      RESTAURANT • 2,653 SF
      130 Pleasant St, Nantucket, MA 02554-4003
      View Details
    • Value Estimation by Request
      6,445 SF

      44 Surfside Rd

      RESTAURANT • 6,445 SF
      44 Surfside Rd, Nantucket, MA 02554-7039
      View Details

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    Similar Nearby for Lease

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      Nantucket Office Space For Lease

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

      Nantucket Office/Retail Space Available

      Two office/retail suites available for immediate occupancy in Nantucket.
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      View Details
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    23 Water St
    Nantucket, MA 02554-3556
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    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
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