Property profile

3 Beringer Way Marblehead, MA 01945

OFF-MARKET
Office buildings
Property ID
US38-1800653
2,550 SF 0.13 ac lot Built 1969
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1969
Construction FRAME
Total area 2,550 SF
Lot 0.13 ac (5,590 SF)
Zoning code U
APN MARB M:0162 B:0060 L:0
UPID US38-1800653

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
  • Interior Design Home Decor Store

Location

3 Beringer Way Marblehead, MA 01945-2543
Marblehead metro Census 203302 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$435k
Blend (final) Blend
$300k

Owner & transaction history

since 2019
3 recorded transactions
2022
Price N/A
2019
Price N/A
2002
$190,000

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
Commercial (general) $865,000 +32.3%

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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