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    Property profile & analytics

    24 Fair St Newburyport, MA 01950-2857

    • Retail properties
    • 1,801 SF
    • 0.02 lot acres
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US38-1273487
    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

    • Retail properties

    Property Details for 24 Fair St

    Year built
    1930
    Construction
    FRAME
    Lot size
    0.02 lot acres
    Property size
    1,801 SF
    Property type
    Retail properties
    APN
    NEWP M:0007 B:0035 L:0000
    APU
    NEWPM0007B0035L0000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $310,000

    • CAP approach

      CAP return
      Estimation
      6%
      $385,000
      6.5%
      $425,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $440,000
      Geo Method
      $405,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $395,000
      Mixed-Use
      $390,000
      Hospitality
      $410,000
      Educational
      $485,000
      Residential Income
      $495,000
      Energy
      $370,000
      Income-Based Land
      $425,000
      Food Service
      $375,000

    Location Insight

    • Map
    • Local Demand
    City
    Newburyport
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8677
    Latitude
    42.8101
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    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
    $4,623
    $318,700
    $145,000
    $463,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      2,068 SF

      251 Low St

      DEPARTMENT STORE • 2,068 SF
      251 Low St, Newburyport, MA 01950-3501
      View Details
    • Value Estimation
      $415,000
      8,227 SF

      55-57 Pleasant St

      DEPARTMENT STORE • 8,227 SF
      55-57 Pleasant St, Newburyport, MA 01950
      View Details
    • Value Estimation
      $355,000
      5,799 SF

      161 State St

      DEPARTMENT STORE • 5,799 SF
      161 State St, Newburyport, MA 01950-6635
      View Details
    • Value Estimation
      $530,000
      675 SF

      3 12th Ctr St

      DEPARTMENT STORE • 675 SF
      3 12th Ctr St, Newburyport, MA 01950-2722
      View Details
    • Value Estimation
      $405,000
      1,708 SF

      168 Rte 1st 1

      DEPARTMENT STORE • 1,708 SF
      168 Rte 1st 1, Newburyport, MA 01950-3975
      View Details
    • Value Estimation
      $360,000
      1,146 SF

      23 Inn St

      DEPARTMENT STORE • 1,146 SF
      23 Inn St, Newburyport, MA 01950-2515
      View Details

    Similar Nearby for Sale

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      Downtown Newburyport Office Space

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      Refurbished Office Space in Newburyport

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    Similar Nearby for Lease

    • Contact for pricing
      50,851 SF

      Newburyport Retail Space For Lease

      Retail spaces available in Newburyport with high traffic and visibility.
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      View Details
    • $1,650 /Mo

      Retail/Office Space For Rent

      Retail or office space available in a busy plaza.
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      View Details
    • $4,000 /Mo

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      Downtown Newburyport Commercial Unit

      969 sq ft commercial unit in downtown Newburyport.
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    • $950 /Mo
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      Newburyport Office Space For Rent

      400 sq ft office space near downtown Newburyport.
      148 State St, Newburyport, MA 01950
      View Details
    • $18 SF/Yr

      Newburyport Industrial Flex Unit

      3,042 SF industrial flex unit for lease in Newburyport.
      65 Parker St, Newburyport, MA 01950
      View Details
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    24 Fair St
    Newburyport, MA 01950-2857
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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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