Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    357 State Rd Vineyard Haven, MA 02568

    • Grocery and convenience stores
    • 19,726 SF
    • 1.04 lot acres
    OFF-MARKET
    Value Estimation
    $3,225,000
    Last Sale
    Jan 03, 2023
    $3,400,000
    Location Intelligence
    Property ID
    US38-1791358
    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

    • Isalis / Jewelry Store / Gift Shop
    • Party City / Balloon Store / Candy Store
    • Skunk Funk / Wholesaler / Clothing Store
    • Carl's Trading Co / Hat Shop
    • Bushka's Kitchen LLC / Outdoor Clothing And Equipment Shop

    Property Details for 357 State Rd

    Year built
    1976
    Construction
    STEEL FRAME
    Lot size
    1.04 lot acres
    Property size
    19,726 SF
    Property type
    Grocery and convenience stores
    APN
    TISB M:0023A B:00000 L:00023
    APU
    TISBM0023AB00000L00023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,215,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,390,000
      6.5%
      $3,700,000
      7%
      $3,450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,265,000
      Geo Method
      $3,170,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $3,185,000
      Retail
      $3,460,000
      Mixed-Use
      $2,890,000
      Hospitality
      $3,670,000
      Educational
      $3,910,000
      Residential Income
      $2,785,000
      Energy
      $3,535,000
      Income-Based Land
      $3,210,000
      Food Service
      $3,240,000

    Location Insight

    • Map
    • Local Demand
    City
    Vineyard Haven
    County
    Dukes
    State
    Massachusetts
    Longitude
    -70.6154
    Latitude
    41.4479
    CBSA code
    47240
    CBSA name
    VINEYARD HAVEN, MA MICROPOLITAN 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
    $36,950
    $820,000
    $3,810,300
    $4,630,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $6,175,000
      7,360 SF

      469 State Rd

      GROCERY, SUPERMARKET • 7,360 SF
      469 State Rd, Vineyard Haven, MA 02568
      View Details
    • Value Estimation by Request
      18,773 SF

      18 Water St

      GROCERY, SUPERMARKET • 18,773 SF
      18 Water St, Vineyard Haven, MA 02568
      View Details
    • Value Estimation by Request
      0.18 Acres

      124 Old County Rd

      SHOW ROOM, WAREHOUSE • 0.18 Acres
      124 Old County Rd, Vineyard Haven, MA 02568
      View Details
    • Value Estimation
      $2,190,000
      6,400 SF

      114 Cook Rd

      SHOW ROOM, WAREHOUSE • 6,400 SF
      114 Cook Rd, Vineyard Haven, MA 02568-5631
      View Details
    • Value Estimation by Request
      7,200 SF

      90 Dr Fisher Rd

      RETAIL STORES (PERSONAL SERVICES) • 7,200 SF
      90 Dr Fisher Rd, Vineyard Haven, MA 02568
      View Details
    • Value Estimation by Request
      6,438 SF

      66 Main St

      RETAIL STORES (PERSONAL SERVICES) • 6,438 SF
      66 Main St, Vineyard Haven, MA 02568-5411
      View Details

    Similar Nearby for Sale

    • $699,000
      641 SF

      Tisbury Marketplace Commercial Condo

      Second-floor commercial condo in Tisbury Marketplace with harbor views.
      79 Beach Road Ext, Marthas Vineyard, MA 02568
      View Details
    • $1,500,000

      Commercial Condo in Vineyard Haven

      2,614 SF commercial condo in a high-traffic location.
      455 State Rd, Vineyard Haven, MA 02568
      View Details
    • $2,900,000

      Mixed-Use Building in Vineyard Haven

      Mixed-use property with retail and residential units in prime location.
      15 Main St, Vineyard Haven, MA 02568
      View Details
    • $1,895,000

      Prime Retail Location

      Storefront property in high-traffic area.
      455 State Rd, Marthas Vineyard, MA 02568
      View Details
    • $8,000,000

      Pine Village Shops For Sale

      Well-known commercial property with nine rental spaces and vacant lot.
      395 State Rd, Vineyard Haven, MA 02568
      View Details
    • $2,500,000
      7,796 SF

      Waterfront Commercial Office Building

      Commercial office building with harbor and lagoon views in Vineyard Haven.
      151 Beach Road Ext, Marthas Vineyard, MA 02568
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    357 State Rd
    Vineyard Haven, MA 02568
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.