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    Property profile & analytics

    331 Paradise Rd, Unit 355 Swampscott, MA 01907-2928

    • Grocery and convenience stores
    • 33,530 SF
    • 3.02 lot acres
    OFF-MARKET
    Value Estimation
    $4,460,000
    Last Sale
    Apr 16, 2021
    $3,713,000
    Location Intelligence
    Property ID
    US38-0384519
    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

    • Whole Foods Market / Grocery Store / Health Food Store
    • WFM Coffee Bar / Coffee Shop / Cafe
    • Pico / Fast Food Restaurant / Mexican Restaurant
    • Amazon Locker - Swampscott / Mailing Service / E-Commerce Service

    Property Details for 331 Paradise Rd

    Year built
    1968
    Construction
    STEEL FRAME
    Lot size
    3.02 lot acres
    Property size
    33,530 SF
    Zone code
    B3
    Property type
    Grocery and convenience stores
    APN
    SWAM M:0017 B:0050 L:0
    APU
    SWAMM0017B0050L0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $4,705,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,450,000
      6.5%
      $3,910,000
      7%
      $3,575,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,415,000
      Geo Method
      $3,325,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,460,000
      Retail
      $3,945,000
      Mixed-Use
      $3,920,000
      Hospitality
      $4,045,000
      Educational
      $4,465,000
      Residential Income
      $4,225,000
      Energy
      $3,530,000
      Income-Based Land
      $4,305,000
      Food Service
      $4,045,000

    Location Insight

    • Map
    • Local Demand
    City
    Swampscott
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9049
    Latitude
    42.4792
    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
    $379,902
    $4,871,100
    $13,023,500
    $17,894,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,221 SF

      500 Paradise Rd

      FINANCIAL BUILDING • 4,221 SF
      500 Paradise Rd, Swampscott, MA 01907-1338
      View Details
    • Value Estimation by Request
      7,200 SF

      Essex St

      SHOW ROOM, WAREHOUSE • 7,200 SF
      Essex St, Swampscott, MA 01907
      View Details
    • Value Estimation
      $285,000
      1,533 SF

      116 Burrill St

      RETAIL STORES (PERSONAL SERVICES) • 1,533 SF
      116 Burrill St, Swampscott, MA 01907-1808
      View Details
    • Value Estimation
      $3,460,000
      5,722 SF

      495 Paradise Rd

      FINANCIAL BUILDING • 5,722 SF
      495 Paradise Rd, Swampscott, MA 01907-1334
      View Details
    • Value Estimation by Request
      9,825 SF

      25 Railroad Ave

      SHOW ROOM, WAREHOUSE • 9,825 SF
      25 Railroad Ave, Swampscott, MA 01907-1839
      View Details
    • Value Estimation
      $260,000
      2,485 SF

      20 Cres St

      SHOW ROOM, WAREHOUSE • 2,485 SF
      20 Cres St, Swampscott, MA 01907-1011
      View Details

    Similar Nearby for Sale

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      Two-family home near the water with modern amenities.
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      Two-family home with finished basement, garage, and ample parking.
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    • $40,000

      Swampscott Boutique Business for Sale

      Established Coastal MA Retail Opportunity
      1123 Retail, Swampscott, MA 01907
      View Details

    Similar Nearby for Lease

    • $2,400 /Mo

      Retail/Office Space on Humphrey Street

      Retail or office space in high-traffic area.
      148 Humphrey St, Swampscott, MA 01907
      View Details
    • $12 SF/Yr

      Retail Space Adjacent to Florist

      Retail space for lease with high visibility and accessibility.
      470 Humphrey St, Swampscott, MA 01907
      View Details
    • $1,000 /Mo

      Office Suite with Ocean Views

      Bright office suite with ocean views in high-traffic area.
      154 Humphrey St, Swampscott, MA 01907
      View Details
    • $27 SF/Yr

      Professional Office Space in Swampscott

      First floor office suite in Vinnin Square for rent.
      990 Paradise Rd, Swampscott, MA 01907
      View Details
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    331 Paradise Rd, Unit 355
    Swampscott, MA 01907-2928
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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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