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    Property profile & analytics

    51 Market St, Unit 61 Ipswich, MA 01938-2212

    • Investment properties
    • 13,533 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1627060
    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

    • Coastal Green Grocer Inc / Grocery Store / Natural Goods Store

    Property Details for 51 Market St

    Year built
    1980
    Construction
    STEEL FRAME
    Lot size
    0.16 lot acres
    Property size
    13,533 SF
    Zone code
    CB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    IPSW M:42A B:0205 L:0
    APU
    IPSWM42AB0205L0

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Ipswich
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.84
    Latitude
    42.6788
    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
    $22,773
    $306,500
    $1,694,600
    $2,001,100
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.21 Acres

      195 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 3.21 Acres
      195 High St, Ipswich, MA 01938-1200
      View Details
    • Value Estimation by Request
      2.10 Acres

      16 Newmarch St

      OFFICE/RESIDENTIAL (MIXED USE) • 2.10 Acres
      16 Newmarch St, Ipswich, MA 01938-2426
      View Details
    • Value Estimation by Request
      3,793 SF

      92 Central St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,793 SF
      92 Central St, Ipswich, MA 01938-1902
      View Details
    • Value Estimation by Request
      8,019 SF

      154 High St

      OFFICE/RESIDENTIAL (MIXED USE) • 8,019 SF
      154 High St, Ipswich, MA 01938-1277
      View Details
    • Value Estimation by Request
      15,113 SF

      3 Main St, Unit 15

      OFFICE/RESIDENTIAL (MIXED USE) • 15,113 SF
      3 Main St, Ipswich, MA 01938-2232
      View Details
    • Value Estimation
      $600,000
      0.37 Acres

      10 Perley Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 0.37 Acres
      10 Perley Ave, Ipswich, MA 01938-2017
      View Details

    Similar Nearby for Sale

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      0.55 Acres

      Ipswich Investment Opportunity: Condominium Project

      Approved five-unit condominium project in downtown Ipswich near train station.
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    • $52,495

      Professional Office Suite For Sale

      Professional office suite featuring private rooms, kitchen, reception, and bathroom.
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    • $975,000

      Ipswich Historic Mixed-Use Building

      Historic Ipswich building with retail, restaurant, and residential potential.
      57 East St, Ipswich, MA 01938
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    • $550,000

      Large Building Lot on Topsfield

      Scenic building lot close to town with approved septic design.
      125 Topsfield Rd, Ipswich, MA 01938
      View Details
    Request Owner's contact information
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    51 Market St, Unit 61
    Ipswich, MA 01938-2212
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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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