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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Retail properties & Spaces
35 Main St Nantucket, MA 02554-3542
Individually Owned
4-yr Hold
Property ID
US38-1801912
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1847
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
2,900 SF
Lot
0.04 ac (1,742 SF)
Zoning code
CDT
APN
NANT M:04231 P:00210
UPID
US38-1801912
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
-
Hingham Institution for Savings Bank Loan Service
-
Carroll Sheila Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$340k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$789k
Blend (final)
Blend
$565k
Owner & transaction history
C&k French 2021 T · 4 yrs held
C&k French 2021 T
since 2022
7 recorded transactions
Zoning & alternative use
CDT · Nantucket, 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 Nantucket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nantucket 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
Method
Estimation
Statistic approach
by Request
ML approach
$340,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$565k
Range $509k – $622k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$195 / SF
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
$32,836
Tax year 2024
Assessed value
$6,195,500
Assessed 2024
Previous assessed
$5,914,000
+4.8% YoY
Effective rate
0.53%
On assessed value
Assessed land
$4,301,100
Assessed improvement
$1,894,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1847
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
BASEBOARD
Buildings
1
Stories
2
Units
2
Bathrooms
2
Total area
2,900 SF
Lot
0.04 ac (1,742 SF)
Zoning code
CDT
APN
NANT M:04231 P:00210
UPID
US38-1801912
Jurisdiction
NANTUCKET
Zoning & alternative use
CDT · Nantucket, MA
Zoning CDT · permitted uses
CDT · Nantucket, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nantucket. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1847
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
BASEBOARD
Stories
2
Buildings
1
Units
2
Bathrooms
2
Lot
0.04 ac
Current owner
From public records · entity-resolved
C&k French 2021 T
Individual
Mailing address
55 MAIN ST, HINGHAM, MA 02043-2522
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2022
—
C&k French 2021 T
Cornell P French
Quit Claim Deed
related
$2,925,000 · First Republic Bank
Jun 2, 2022
—
C&kelly French 2021 T
Cornell Parvinfrench
Deed
—
Oct 12, 2017
$2,000,000
Cornell Parvinfrench
Top O The Hill T
Quit Claim Arm's Length For Ne States
$750,000 · First Republic Bank
Dec 20, 2012
$3,600,000
Hingham Inst For Svgs
Minucci,albert E
Grant Deed
—
Dec 31, 2009
—
Albert E Minucci
—
Deed Of Trust
related
$1,850,000 · Cape Cod Coop Bank
Jul 16, 2004
—
Albert E Minucci
—
Deed Of Trust
related
$1,500,000 · Cape Cod Coop Bank
Dec 4, 1998
—
Albert E Minucci
—
Deed Of Trust
related
$600,000 · Bankboston Development Co LLC
Dec 20, 1988
—
Albert E Minucci
—
Deed Of Trust
related
$500,000 · Bankboston Development Co LLC
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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