Property profile

234 John Wise Ave Essex, MA 01929

OFF-MARKET
Turn key restaurants
Property ID
US38-1053952
4,520 SF 19.31 ac lot Built 1958
Entity Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1958
Construction FRAME
Total area 4,520 SF
Lot 19.31 ac (841,144 SF)
Zoning code C00
APN ESSE M:105 L:19
UPID US38-1053952

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

234 John Wise Ave Essex, MA 01929-1059
Essex metro Census 222100 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$415k

Owner & transaction history

since 2018
7 recorded transactions
2026
Price N/A
2026
Price N/A
2025
Price N/A
2024
Price N/A
2021
Price N/A
2018
$844,132
2016
$500,000

Zoning & alternative use

C00 · Essex, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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