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    Property profile & analytics

    33 Main St West Newbury, MA 01985-1830

    • Turn key restaurants
    • 1,520 SF
    • 0.58 lot acres
    OFF-MARKET
    Value Estimation
    $305,000
    Location Intelligence
    Property ID
    US38-0691967
    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

    • Nick's Place West Newbury / Pizza Restaurant / Family Restaurant

    Property Details for 33 Main St

    Year built
    1995
    Construction
    FRAME
    Lot size
    0.58 lot acres
    Property size
    1,520 SF
    Zone code
    RC
    Property type
    Turn key restaurants
    APN
    WNEW M:002.0 B:0000 L:0034.B
    APU
    WNEWM0020B0000L0034B

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $325,000

    • CAP approach

      CAP return
      Estimation
      6%
      $285,000
      6.5%
      $270,000
      7%
      $255,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $270,000
      Geo Method
      $280,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $240,000
      Retail
      $265,000
      Mixed-Use
      $215,000
      Hospitality
      $260,000
      Educational
      $215,000
      Residential Income
      $240,000
      Energy
      $210,000
      Income-Based Land
      $205,000
      Food Service
      $210,000

    Location Insight

    • Map
    • Local Demand
    City
    West Newbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -71.0099
    Latitude
    42.7815
    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
    $5,149
    $313,700
    $162,200
    $475,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $415,000
      6,136 SF

      275 Main St

      GROCERY, SUPERMARKET • 6,136 SF
      275 Main St, West Newbury, MA 01985-1416
      View Details
    • Value Estimation
      $345,000
      1,195 SF

      290 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,195 SF
      290 Main St, West Newbury, MA 01985-1427
      View Details
    • Value Estimation
      $500,000
      1,792 SF

      326 Main St

      AUTO REPAIR, GARAGE • 1,792 SF
      326 Main St, West Newbury, MA 01985
      View Details
    • Value Estimation
      $265,000
      1,378 SF

      277 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,378 SF
      277 Main St, West Newbury, MA 01985-1416
      View Details
    • Value Estimation
      $1,655,000
      3,193 SF

      443 Middle St

      GYM, HEALTH SPA • 3,193 SF
      443 Middle St, West Newbury, MA 01985-1720
      View Details
    • Value Estimation
      $320,000
      1,429 SF

      289 Main St

      SERVICE STATION (FULL SERVICE) • 1,429 SF
      289 Main St, West Newbury, MA 01985-1416
      View Details

    Similar Nearby for Sale

    • $350,000
      1,378 SF

      West Newbury Commercial Property For Sale

      Commercial property in a desirable North Shore town.
      277 Main St, West Newbury, MA 01985
      View Details
    • $899,000

      Versatile Commercial Space in West Newbury

      Adaptable commercial building in downtown West Newbury with parking.
      11 Maple St, West Newbury, MA 01985
      View Details
    • $799,000
      0.25 Acres

      West Newbury Commercial Land Investment

      Prime MA Location, $799,000
      289 Main St, West Newbury, MA 01985
      View Details
    • $500,000
      1.39 Acres

      Waterfront Land in West Newbury

      Rare 1.39-acre buildable waterfront lot near Newburyport and Plum Island.
      591 Main St, West Newbury, MA 01985
      View Details
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    33 Main St
    West Newbury, MA 01985-1830
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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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