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Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Turn key restaurants
252 Cabot St, Beverly, MA 01915-4523
Entity Owned
~
Est. High Equity
Property ID
US38-1007765
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1929
Construction
CONCRETE
Total area
2,292 SF
Lot
0.08 ac (3,480 SF)
Zoning code
CC
APN
BEVE M:0011 B:0301 L:
UPID
US38-1007765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$593k
Blend (final)
Blend
$590k
Owner & transaction history
252 Cabot Street Hldg LLC
252 Cabot Street Hldg LLC
since 2025
Last sale
$750,000
4 recorded transactions
Zoning & alternative use
CC · Beverly, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Beverly submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Beverly submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$790,000
Current use
COMMERCIAL (GENERAL)
$690,000
Change: -13% · Conversion: Easy
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $750k (Dec 18 2025)
Last sale anchor
$750k
Dec 18 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$257 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,472
Tax year 2024
Assessed value
$659,600
Assessed 2024
Previous assessed
$659,600
+0.0% YoY
Effective rate
2.19%
On assessed value
Assessed land
$321,900
Assessed improvement
$337,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1929
Construction
CONCRETE
Heating
SPACE
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
2
Total area
2,292 SF
Lot
0.08 ac (3,480 SF)
Zoning code
CC
APN
BEVE M:0011 B:0301 L:
UPID
US38-1007765
Jurisdiction
BEVERLY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
CC · Beverly, MA
Zoning CC · permitted uses
CC · Beverly, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Beverly. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$790,000
COMMERCIAL (GENERAL)
Est. value
$690,000
RESTAURANT Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1929
Construction
CONCRETE
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
2
Lot
0.08 ac
Current owner
From public records · entity-resolved
252 Cabot Street Hldg LLC
Entity
Mailing address
252 CABOT ST, BEVERLY, MA 01915-4523
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2025
$750,000
252 Cabot Street Hldg LLC
Paralaz RT
Deed
$1,000,000 · Pya Realty LLC
May 15, 2012
$650,000
Paralaz RT
Ennis,kevin
Grant Deed
$412,500 · Salem Five Cents Savings Bank
May 15, 2012
—
Paralaz RT
—
Deed Of Trust
related
$212,500 · Salem Five Cents Savings Bank
May 24, 2004
$360,000
Kevin Ennis
Gpr Nt
Grant Deed
$252,000 · Beverly Cooperative Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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