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    Property profile & analytics

    246 High St Ipswich, MA 01938-1250

    • Turn key restaurants
    • 1,793 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimation
    $390,000
    Last Sale
    Sep 27, 2022
    Location Intelligence
    Property ID
    US38-1169234
    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

    • Clam Box of Ipswich / Seafood Restaurant / Restaurant
    • Lobster Box / Seafood Restaurant

    Property Details for 246 High St

    Year built
    1935
    Construction
    FRAME
    Lot size
    0.57 lot acres
    Property size
    1,793 SF
    Zone code
    RRA
    Property type
    Turn key restaurants
    APN
    IPSW M:20D B:006I L:0
    APU
    IPSWM20DB006IL0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ipswich
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8671
    Latitude
    42.6957
    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
    $5,772
    $400,000
    $107,200
    $507,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $230,000
      3,434 SF

      25 Hammatt St

      RESTAURANT • 3,434 SF
      25 Hammatt St, Ipswich, MA 01938-1930
      View Details
    • Value Estimation by Request
      7,548 SF

      51 Linebrook Rd

      RESTAURANT • 7,548 SF
      51 Linebrook Rd, Ipswich, MA 01938-2900
      View Details
    • Value Estimation by Request
      4,476 SF

      141 High St

      RESTAURANT • 4,476 SF
      141 High St, Ipswich, MA 01938-1238
      View Details
    • Value Estimation
      $295,000
      2,629 SF

      2 Essex Rd

      RESTAURANT • 2,629 SF
      2 Essex Rd, Ipswich, MA 01938-2526
      View Details
    • Value Estimation
      $1,810,000
      7,134 SF

      81 Tpke Rd

      RESTAURANT • 7,134 SF
      81 Tpke Rd, Ipswich, MA 01938-1046
      View Details
    • Value Estimation
      $625,000
      1,704 SF

      158 High St

      RESTAURANT • 1,704 SF
      158 High St, Ipswich, MA 01938-1248
      View Details

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      Ipswich Investment Opportunity: Condominium Project

      Approved five-unit condominium project in downtown Ipswich near train station.
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    246 High St
    Ipswich, MA 01938-1250
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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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