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    Property profile & analytics

    3 Step Ln Nantucket, MA 02554-3544

    • Commercial land
    • 7,463 SF
    • 0.19 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1039452
    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

    • Commercial land

    Property Details for 3 Step Ln

    Lot size
    0.19 lot acres
    Property size
    7,463 SF
    Zone code
    ROH
    Property type
    Commercial land
    APN
    NANT M:04242 P:00044
    APU
    NANTM04242P00044

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Nantucket
    County
    Nantucket
    State
    Massachusetts
    Longitude
    -70.1006
    Latitude
    41.2864

    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
    $10,104
    $1,906,500
    $0.00
    $1,906,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.11 Acres

      58 Un St

      VACANT COMMERCIAL LAND • 0.11 Acres
      58 Un St, Nantucket, MA 02554-3858
      View Details
    • Value Estimation by Request
      0.55 Acres

      4 Greglen Ave

      VACANT COMMERCIAL LAND • 0.55 Acres
      4 Greglen Ave, Nantucket, MA 02554-6079
      View Details
    • Value Estimation by Request
      0.11 Acres

      17 Tomahawk Rd

      VACANT COMMERCIAL LAND • 0.11 Acres
      17 Tomahawk Rd, Nantucket, MA 02554-1429
      View Details
    • Value Estimation by Request
      0.12 Acres

      34 Tomahawk Rd

      VACANT COMMERCIAL LAND • 0.12 Acres
      34 Tomahawk Rd, Nantucket, MA 02554-1472
      View Details
    • Value Estimation by Request
      0.11 Acres

      31 Tomahawk Rd

      VACANT COMMERCIAL LAND • 0.11 Acres
      31 Tomahawk Rd, Nantucket, MA 02554-1429
      View Details
    • Value Estimation by Request
      0.11 Acres

      13 Spearhead Dr

      VACANT COMMERCIAL LAND • 0.11 Acres
      13 Spearhead Dr, Nantucket, MA 02554-7608
      View Details

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    Similar Nearby for Lease

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      Nantucket Office Space For Lease

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    • Contact for pricing
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    3 Step Ln
    Nantucket, MA 02554-3544
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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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