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Property profile & analytics
OFF-MARKET
Turn key restaurants
33 Main St, West Newbury, MA 01985-1830
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US38-0691967
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1995
Construction
FRAME
Total area
1,520 SF
Lot
0.58 ac (25,265 SF)
Zoning code
RC
APN
WNEW M:002.0 B:0000 L:0034.B
UPID
US38-0691967
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
Current use
Occupant on record · Public records
-
Nick's Place West Newbury Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
33 Main Street LLC · 13 yrs held
33 Main Street LLC
since 2012
7 recorded transactions
Zoning & alternative use
RC · West Newbury, 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 West Newbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs West Newbury 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,149
Tax year 2024
Assessed value
$475,900
Assessed 2024
Previous assessed
$475,900
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$313,700
Assessed improvement
$162,200
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
1995
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
1,520 SF
Lot
0.58 ac (25,265 SF)
Zoning code
RC
APN
WNEW M:002.0 B:0000 L:0034.B
UPID
US38-0691967
Jurisdiction
WEST NEWBURY
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
RC · West Newbury, MA
Zoning RC · permitted uses
RC · West Newbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
West Newbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
33 Main Street LLC
Entity
Mailing address
PO BOX 324, BOXFORD, MA 01921-0324
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2021
—
General Const INC
—
Deed
related
$430,000 · Gccg Lending LLC
Dec 27, 2012
$275,000
33 Main Street LLC
Dough Done Right Rlty
Quit Claim Arm's Length For Ne States
$220,000 · Saugusbank
Jun 18, 2004
$335,000
Christian Hill Rlty LLC
Betty LLC
Grant Deed
$150,000 · Lawrence Savings Bank
May 6, 2003
$1
Betty LLC
George,elizabeth A Duff
Grant Deed
related
—
Oct 17, 2002
$245,000
Robert A George
Cfc RT
Grant Deed
$250,000 · Newburyport Five Cent
Sep 27, 2001
—
Cfc RT
—
Deed Of Trust
related
$45,000 · Georgetown Savings Bank
Mar 26, 1999
—
Cfc RT
—
Deed Of Trust
related
$135,000 · Georgetown Savings Bank
Jan 9, 1997
—
Cfc RT
—
Deed Of Trust
related
$35,000 · Georgetown Savings Bank
Sep 19, 1995
—
Cfc RT
—
Deed Of Trust
related
$327,000 · Beverly Cooperative Bank
Nov 10, 1994
$75,000
Cfc RT
Blais,lance D
Grant Deed
—
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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