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    Property profile & analytics

    27 Commercial St, Unit 2 Gloucester, MA 01930-5033

    • Office Properties & Spaces
    • 1,852 SF
    OFF-MARKET
    Value Estimation
    $350,000
    Location Intelligence
    Property ID
    US38-0703249
    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

    • All Seacoast Dental Associates / Dentist / Cosmetic Dentist
    • Jackson Lindsey D DDS / Dentist
    • Zodiac house / Psychic
    • Psychic by the Sea / Psychic / Astrologer
    • Sea Coral Dentistry / Dental Clinic

    Property Details for 27 Commercial St

    Year built
    1975
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Property size
    1,852 SF
    Zone code
    MI
    Property type
    Office Properties & Spaces
    APN
    GLOU M:0001 B:0017 L:0002
    APU
    GLOUM0001B0017L0002

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $405,000
      6.5%
      $390,000
      7%
      $435,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $450,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $515,000
      Retail
      $480,000
      Mixed-Use
      $425,000
      Hospitality
      $505,000
      Educational
      $475,000
      Residential Income
      $395,000
      Energy
      $490,000
      Income-Based Land
      $455,000
      Food Service
      $425,000

    Location Insight

    • Map
    • Local Demand
    City
    Gloucester
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.6664
    Latitude
    42.6102
    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
    $1,855
    $0.00
    $184,600
    $184,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $375,000
      1,846 SF

      123 Main St Ste 2b

      CONDOMINIUM OFFICES • 1,846 SF
      123 Main St Ste 2b, Gloucester, MA 01930-5766
      View Details
    • Value Estimation
      $365,000
      2,500 SF

      6 Elm St, Unit C

      CONDOMINIUM OFFICES • 2,500 SF
      6 Elm St, Gloucester, MA 01930-3752
      View Details
    • Value Estimation
      $360,000
      802 SF

      123 Main St Ste 2a

      CONDOMINIUM OFFICES • 802 SF
      123 Main St Ste 2a, Gloucester, MA 01930-5766
      View Details
    • Value Estimation
      $345,000
      1,825 SF

      27 Commercial St, Unit 1

      CONDOMINIUM OFFICES • 1,825 SF
      27 Commercial St, Gloucester, MA 01930-5033
      View Details
    • Value Estimation by Request
      656 SF

      27 Commercial St, Unit 3

      CONDOMINIUM OFFICES • 656 SF
      27 Commercial St, Gloucester, MA 01930-5033
      View Details
    • Value Estimation
      $380,000
      1,542 SF

      14 Pleasant St

      CONDOMINIUM OFFICES • 1,542 SF
      14 Pleasant St, Gloucester, MA 01930-5910
      View Details

    Similar Nearby for Sale

    • $1,500,000
      8,010 SF

      Historic Gloucester Building with Harbor Views

      Three-story, 6,500+ SF building with period features and harbor views.
      16 Rogers St, Gloucester, MA 01930
      View Details
    • New
      $399,000
      0.06 Acres

      East Gloucester Commercial Condo Opportunity

      Commercial condo in East Gloucester with potential for various uses.
      197 E Main 1, Gloucester, MA 01930
      View Details
    • $219,000

      Downtown Gloucester Commercial Space For Sale

      Commercial space in historic Gloucester, suitable for retail or office.
      18 Pleasant St, Gloucester, MA 01930
      View Details
    • $760,000

      Gloucester Two-Family Home

      Two-family home with spacious units and separate utilities.
      78 Grove St, Gloucester, MA 01930
      View Details
    • $549,000

      East Gloucester Three-Family Property

      Three-family property in East Gloucester with water views.
      86 East Main St, Gloucester, MA 01930
      View Details
    • $1,149,000

      Spacious Multi-Family Home, Gloucester

      Multi-family residence with six bedrooms, deck, and fenced backyard.
      5 Washington Sq, Gloucester, MA 01930
      View Details

    Similar Nearby for Lease

    • $1,500 /Mo
      1,460 SF

      Office Space in Blackburn Center

      1,460sf office space available for rent in Gloucester, MA.
      1-10 Blackburn Ctr, Gloucester, MA 01930
      View Details
    • $3,730 /Mo
      2,758 SF

      Downtown Gloucester Retail/Office Space

      Versatile 2,758 SF space suitable for retail or office.
      186 Gloucester Ave, Gloucester, MA 01930
      View Details
    • $3,730 /Mo

      Downtown Gloucester Retail/Office Space

      Versatile 2,758 SF space in Brown's Mall.
      186 Main St, Gloucester, MA 01930
      View Details
    • $2,000 /Mo
      1,700 SF

      Downtown Magnolia Retail/Office Space

      Corner store location suitable for retail or office use.
      27 Lexington Ave, Gloucester, MA 01930
      View Details
    • $1,875 /Mo
      1,000 SF

      Gloucester Commercial Space Available

      Office and retail space for rent in Gloucester, MA.
      27 Kondelin Rd, Gloucester, MA 01930
      View Details
    • $111 SF/Yr

      East Gloucester Office Space Available

      Flexible office spaces with harbor and city views for rent.
      108 E Main St, Gloucester, MA 01930
      View Details
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    27 Commercial St, Unit 2
    Gloucester, MA 01930-5033
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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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