Technical
Financial
Distress signals
Property profile

24 Main St Ipswich, MA 01938

OFF-MARKET
Auto shops
Property ID
US38-0626666
2,667 SF 0.13 ac lot Built 1978
Entity Owned 13-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1978
Construction FRAME
Total area 2,667 SF
Lot 0.13 ac (5,489 SF)
Zoning code CB
APN IPSW M:42A B:0137 L:0
UPID US38-0626666

Cap rate & NOI

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

Location

24 Main St Ipswich, MA 01938
Ipswich metro Census 223200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$330k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$330k

Owner & transaction history

since 2012
4 recorded transactions
2021
Price N/A
2020
Price N/A
2012
$250,000
2012
Price N/A

Zoning & alternative use

CB · Ipswich, MA
Zoning description

6. Central Business (CB) District (Added by 10/20/03 Special Town Meeting; approved by Attorney General 1/22/04) 7. Highway Business (HB) District (Added by 10/18/93 Special Town Meeting; approved by Attorney General 2/4…

General category CIVIC_INSTITUTIONAL

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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