Property profile

237 Eastern Ave Gloucester, MA 01930

OFF-MARKET
Commercial real estate
Property ID
US38-1758712
3.93 ac lot
Entity Owned 22-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 3.93 ac (171,191 SF)
Zoning code EB
APN GLOU M:0161 B:0012 L:0000
UPID US38-1758712

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
  • Hotel & Motel

Location

237 Eastern Ave Gloucester, MA 01930-1809
Gloucester metro Census 221300 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
$335k

Owner & transaction history

since 2003
1 recorded transaction
2003
Price N/A

Zoning & alternative use

EB · Gloucester, MA
Zoning description

Extensive Business Districts are located along collector streets in various areas of the city. Business, service and retail uses serving a regional clientele are allowed; residential uses are generally not allowed.

General category COMMERCIAL

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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