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    Property profile & analytics

    49 Plum Is Tpke Newbury, MA 01951-1353

    • Turn key restaurants
    • 1,486 SF
    • 0.52 lot acres
    OFF-MARKET
    Value Estimation
    $930,000
    Last Sale
    Feb 15, 2024
    $900,000
    Location Intelligence
    Property ID
    US38-1018228
    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

    • Turn key restaurants

    Property Details for 49 Plum Is Tpke

    Year built
    1940
    Construction
    FRAME
    Lot size
    0.52 lot acres
    Property size
    1,486 SF
    Zone code
    AR4
    Property type
    Turn key restaurants
    APN
    NEWB M:0R49 B:0000 L:00003
    APU
    NEWBM0R49B0000L00003

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $900,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,015,000
      6.5%
      $895,000
      7%
      $910,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $925,000
      Geo Method
      $1,045,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,170,000
      Retail
      $955,000
      Mixed-Use
      $1,025,000
      Hospitality
      $1,040,000
      Educational
      $1,075,000
      Residential Income
      $840,000
      Energy
      $1,145,000
      Income-Based Land
      $935,000
      Food Service
      $890,000

    Location Insight

    • Map
    • Local Demand
    City
    Newbury
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8318
    Latitude
    42.797
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN 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
    $3,953
    $362,200
    $152,500
    $514,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $900,000
      3,384 SF

      23 Plum Is Blvd

      RESTAURANT • 3,384 SF
      23 Plum Is Blvd, Newbury, MA 01951-2040
      View Details
    • Value Estimation
      $275,000
      2,925 SF

      2 Plum Is Blvd

      RESTAURANT • 2,925 SF
      2 Plum Is Blvd, Newbury, MA 01951-2035
      View Details
    • Value Estimation
      $405,000
      1,951 SF

      2 Old Pt Rd

      RESTAURANT • 1,951 SF
      2 Old Pt Rd, Newbury, MA 01951
      View Details
    • Value Estimation
      $385,000
      2,484 SF

      24 Middle Rd

      AUTO REPAIR, GARAGE • 2,484 SF
      24 Middle Rd, Newbury, MA 01951-1109
      View Details
    • Value Estimation
      $290,000
      6,500 SF

      84 Boston Rd

      SHOW ROOM, WAREHOUSE • 6,500 SF
      84 Boston Rd, Newbury, MA 01951-1600
      View Details
    • Value Estimation
      $540,000
      1,788 SF

      134 Northern Blvd

      RETAIL STORES (PERSONAL SERVICES) • 1,788 SF
      134 Northern Blvd, Newbury, MA 01951-1423
      View Details

    Similar Nearby for Sale

    • $699,000

      Established Restaurant, Bar, and Keno

      Landmark restaurant for sale with liquor license and high volume.
      123abc Starving Walker Way, Salisbury, MA 01951
      View Details
    • $699,000
      0.58 Acres

      Prime Salisbury Restaurant Opportunity

      Established Landmark, High-Volume Sales
      Starving Walker Way, Salisbury, MA 01951
      View Details
    • Contact for pricing
      110,948 SF

      Class A Storage Facility

      High-quality self-storage facility with expansion potential in Newbury, Massachusetts.
      131 Newburyport Tpke, Newbury, MA 01951
      View Details
    • $1,399,900

      Newbury Investment Property Opportunity

      Three-unit property with barn near downtown Newburyport and Plum Island.
      11 High Rd, Newbury, MA 01951
      View Details
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    49 Plum Is Tpke
    Newbury, MA 01951-1353
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    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
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