New search
Property profile & analytics
OFF-MARKET
Retail space
374 State Rd, Vineyard Haven, MA 02568
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US38-2553717
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1994
Construction
STEEL FRAME
Total area
4,400 SF
Lot
1.08 ac (47,045 SF)
APN
TISB M:0022A B:00000 L:00014
UPID
US38-2553717
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
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
Steere Realty LLC · 16 yrs held
Steere Realty LLC
since 2010
7 recorded transactions
Zoning & alternative use
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 Vineyard Haven submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vineyard Haven 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
$12,561
Tax year 2024
Assessed value
$1,574,000
Assessed 2024
Previous assessed
$1,574,000
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,105,800
Assessed improvement
$468,200
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 space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
5
Bathrooms
2
Total area
4,400 SF
Lot
1.08 ac (47,045 SF)
APN
TISB M:0022A B:00000 L:00014
UPID
US38-2553717
Jurisdiction
TISBURY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1994
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
5
Bathrooms
2
Lot
1.08 ac
Current owner
From public records · entity-resolved
Steere Realty LLC
Entity
Mailing address
PO BOX 326, VINEYARD HAVEN, MA 02568-0326
Ownership since
2010
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
Feb 18, 2026
—
Shirleys Hardware INC
—
Deed
related
$1,400,000 · Marthas Vineyard Bank
Mar 9, 2022
—
Steere Realty LLC
—
Deed
related
$131,000 · Martha Vineyard Saving Bank
Jun 30, 2017
—
Steere Realty LLC
—
Deed
related
$175,000 · Martha Vineyard Sb
Apr 26, 2010
$1
Steere Realty LLC
Steere,jesse
Grant Deed
—
Jun 30, 2004
—
Jesse Steere 3rd
—
Deed Of Trust
related
$580,000 · Compass Bank For Savings
Dec 10, 2002
—
Jesse Steere 3rd
—
Deed Of Trust
related
$600,000 · Edgartown National Bank
Oct 15, 2002
—
Jesse Steere 3rd
—
Deed Of Trust
related
$250,000 · Lee A Steere
Mar 16, 1994
$300,000
Jesse Steere 3rd
Rita Izmeyer
Grant Deed
$405,000 · Edgartown National Bank
Mar 16, 1994
—
Jesse Steere 3rd
—
Deed Of Trust
related
$100,000 · Zenon Grzybowski
—
—
Steere Realty LLC
—
Deed Of Trust
related
$175,000 · Martha Vineyard Sb
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 374 State Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
