Property profile

40 Ss St 1 Marblehead, MA 01945

OFF-MARKET
Office Spaces
Property ID
US38-1075798
14,918 SF 0.69 ac lot Built 1988
Individually Owned 17-yr Hold Free & Clear
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Property profile

Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1988
Construction FRAME
Total area 14,918 SF
Lot 0.69 ac (29,977 SF)
Zoning code CR
APN MARB M:0129 B:0002 L:1
UPID US38-1075798

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
  • Law Firm
  • Physician Medical Clinic
  • Physician Alternative Medicine Practice
  • Physician Medical Clinic
  • Laboratory

Location

40 Ss St, Unit 1 Marblehead, MA 01945-3282
Marblehead metro Census 203301 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.92M
Blend (final) Blend
$1.52M

Owner & transaction history

since 2008
5 recorded transactions
2008
$1
2003
Price N/A
1996
Price N/A
1994
Price N/A
1989
Price N/A

Zoning & alternative use

CR · Marblehead, MA
Zoning description

CR Central Residence SC Shoreline Central Residence H Harborfront B1 Business - 1 BR Business Residential SG Smart Growth Overlay District B. Zone District Map. Location and boundaries of all these zone districts are as…

General category RESIDENTIAL

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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