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Property profile & analytics
FOR SALE
Medical Office Space
435 Furnace St Marshfield, MA 02050
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0516461
For Sale
1 / 13
$615,000
435 Furnace St, Marshfield, MA 02050
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1973
Construction
FRAME
Total area
8,396 SF
Lot
1 ac (43,690 SF)
Zoning code
R-1
APN
MARS M:0E10 B:0004 L:0005
UPID
US38-0516461
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
-
Marshfield Dental Group Dental Office
-
Kelly the Barber Barber Shop
-
Marshfield Pediatrics: Christopher Sullivan, MD, MS, FAAP Healthcare South Pediatrician Medical Clinic
-
St. George Pharmacy Pharmacy
-
Hanna Thawat A MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$385k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$849k
Blend (final)
Blend
$615k
Owner & transaction history
Marshfield Medical&dental · 4 yrs held
Marshfield Medical&dental
since 2021
3 recorded transactions
Zoning & alternative use
R-1 · Marshfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
by Art. 27 ] See table attached to this bylaw which is declared to be a part of this bylaw. In addition, uses are subject to Articles XI , XIII and XV where appropriate. [1] Uses Residential Business Industrial Overlay R-1 R-2 R-3 RB B-1 B-2 B-3 B-4 OP I-1 A PMUD WRPD BRVO KEY: S = Special Permit Required P = Use Permitted - = Prohibited Use Principal Uses R…
Zone name
Residential Rural
General category
RESIDENTIAL
Zone area
12,001.83 ac
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 Marshfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshfield 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
$385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,005,000
Current use
RETAIL STORES
$945,000
Change: -6% · Conversion: Difficult
AUTO REPAIR, GARAGE
$875,000
Change: -13% · Conversion: Difficult
COMMERCIAL (GENERAL)
$820,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$615k
Range $554k – $677k · ±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
$73 / 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
$13,808
Tax year 2024
Assessed value
$1,329,000
Assessed 2024
Previous assessed
$1,329,000
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$523,600
Assessed improvement
$805,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
For Sale
Year built
1973
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Bathrooms
10
Total area
8,396 SF
Lot
1 ac (43,690 SF)
Zoning code
R-1
APN
MARS M:0E10 B:0004 L:0005
UPID
US38-0516461
Jurisdiction
MARSHFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
R-1 · Marshfield, MAZoning R-1 · permitted uses
R-1 · Marshfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
by Art. 27 ] See table attached to this bylaw which is declared to be a part of this bylaw. In addition, uses are subject to Articles XI , XIII and XV where appropriate. [1] Uses Residential Business Industrial Overlay R-1 R-2 R-3 RB B-1 B-2 B-3 B-4 OP I-1 A PMUD WRPD BRVO KEY: S = Special Permit Required P = Use Permitted - = Prohibited Use Principal Uses Residential 1. One-family detached dwelling P P P P - S P P - - - - P P 2. Open spa
Zone name
Residential Rural
General category
RESIDENTIAL
Zone area
12,001.83 ac
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$1.0M
RETAIL STORES
Est. value
$945,000
AUTO REPAIR, GARAGE
Est. value
$875,000
COMMERCIAL (GENERAL)
Est. value
$820,000
MEDICAL BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Bathrooms
10
Lot
1 ac
Current owner
From public records · entity-resolved
Marshfield Medical&dental
Individual
Mailing address
435 FURNACE ST, MARSHFIELD, MA 02050-2332
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2021
—
Marshfield Medical&dental
Doctors Building LLC
Quit Claim Deed
related
$1,050,000 · Coastal Heritage Bank
May 23, 2014
—
Doctors Building LLC
Marshfield Medical&dental
Quit Claim Deed
related
—
May 1, 2009
—
Mars Medical & Dental
—
Deed Of Trust
related
$400,000 · Hingham Institute For Savings
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?”
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