Property profile

24 Tioga Way Marblehead, MA 01945

OFF-MARKET
Manufacturing properties
Property ID
US38-1819981
15,648 SF 0.84 ac lot Built 1986
Individually Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1986
Construction STEEL FRAME
Total area 15,648 SF
Lot 0.84 ac (36,721 SF)
Zoning code U
APN MARB M:0153 B:003F L:0
UPID US38-1819981

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
  • Industrial Manufacturer Production Facility
  • Accounting Firm Tax Preparation
  • Industrial Manufacturer Production Facility

Location

24 Tioga Way Marblehead, MA 01945-1575
Marblehead metro Census 203302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.56M
Comparable Approach Comparable
$2.67M
Blend (final) Blend
$2.27M

Owner & transaction history

since 2007
1 recorded transaction
2007
$1

Zoning & alternative use

U · Marblehead, MA
Zoning description

The purpose of U district is to allow some residential uses, government and public service uses and industrial uses.

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $3.8M +46.3%
Retail stores $3.5M +35.8%

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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