Property profile

39 Atlantic Ave Marblehead, MA 01945

OFF-MARKET
Retail space
Property ID
US38-0984670
2,213 SF 0.12 ac lot Built 2008
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction FRAME
Total area 2,213 SF
Lot 0.12 ac (5,400 SF)
Zoning code B1
APN MARB M:0115 B:0010 L:0
UPID US38-0984670

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store

Location

39 Atlantic Ave Marblehead, MA 01945-3103
Marblehead metro Census 203200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
$560k
Comparable Approach Comparable
$729k
Blend (final) Blend
$340k

Owner & transaction history

since 2020
1 recorded transaction
2020
$760,000

Zoning & alternative use

B1 · Marblehead, MA
Zoning description

at contains a building or buildings(s) with more than three dwelling units. NONRESIDENTIAL USE - A use that is listed as an allowed retail and consumer service use or an allowed institutional and recreational use in the…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $750,000 +52.9%
Office building $570,000 +15.6%
Auto repair, garage $530,000 +7.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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