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    Property profile & analytics

    55 Main St Topsfield, MA 01983-1822

    • Manufacturing properties
    • 3,068 SF
    • 0.17 lot acres
    OFF-MARKET
    Value Estimation
    $985,000
    Last Sale
    Feb 09, 2024
    $940,000
    Location Intelligence
    Property ID
    US38-0595337
    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

    • Village Woodworking Shop Inc / Woodworker / Cabinet Maker

    Property Details for 55 Main St

    Year built
    1950
    Construction
    CONCRETE
    Lot size
    0.17 lot acres
    Property size
    3,068 SF
    Zone code
    BV
    Property type
    Manufacturing properties
    APN
    TOPS M:0041 B:0026 L:
    APU
    TOPSM0041B0026L

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $940,000

    • CAP approach

      CAP return
      Estimation
      6%
      $990,000
      6.5%
      $1,095,000
      7%
      $980,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,095,000
      Geo Method
      $1,195,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,015,000
      Retail
      $1,085,000
      Mixed-Use
      $1,200,000
      Hospitality
      $1,195,000
      Educational
      $975,000
      Residential Income
      $1,100,000
      Energy
      $950,000
      Income-Based Land
      $920,000
      Food Service
      $930,000

    Location Insight

    • Map
    • Local Demand
    City
    Topsfield
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9498
    Latitude
    42.6403
    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
    $8,575
    $534,000
    $49,700
    $583,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $760,000
      22,700 SF

      249 Boston St

      MANUFACTURING (LIGHT) • 22,700 SF
      249 Boston St, Topsfield, MA 01983-2215
      View Details
    • Value Estimation
      $385,000
      5,100 SF

      418 Boston St

      MANUFACTURING (LIGHT) • 5,100 SF
      418 Boston St, Topsfield, MA 01983-1216
      View Details
    • Value Estimation
      $435,000
      12,075 SF

      245 Boston St

      MANUFACTURING (LIGHT) • 12,075 SF
      245 Boston St, Topsfield, MA 01983-2215
      View Details
    • Value Estimation by Request
      15,996 SF

      427 Boston St

      MANUFACTURING (LIGHT) • 15,996 SF
      427 Boston St, Topsfield, MA 01983-1218
      View Details
    • Value Estimation
      $940,000
      3,265 SF

      57 Main St

      MANUFACTURING (LIGHT) • 3,265 SF
      57 Main St, Topsfield, MA 01983
      View Details
    • Value Estimation by Request
      1.29 Acres

      240 Boston St

      INDUSTRIAL (GENERAL) • 1.29 Acres
      240 Boston St, Topsfield, MA 01983-2221
      View Details

    Similar Nearby for Sale

    • $1,600,000
      0.70 Acres

      Topsfield Commercial Property - Route 1

      High-visibility Route 1 commercial building. Great investment opportunity.
      414 Boston St, Topsfield, MA 01983
      View Details
    • $684,900
      0.96 Acres

      Residential Land in Topsfield, MA

      Build-ready lot in a convenient cul-de-sac subdivision.
      4 Ruby Cir, Topsfield, MA 01983
      View Details
    • $599,000

      Historic Topsfield Building For Sale

      Rare, well-preserved building in Topsfield's business district. Office or retail.
      2 Main St, Topsfield, MA 01983
      View Details
    • Contact for pricing

      Topsfield Office Space: 2000 sq ft

      Prime North Shore commercial space, flexible layout, ample parking.
      430 Boston St, Topsfield, MA 01983
      View Details
    • Contact for pricing
      3,900 SF

      Topsfield Commercial Building - Main St

      Prime Topsfield location, 3,900 sq ft, 3.59 acres.
      30 Main St, Topsfield, MA 01983
      View Details

    Similar Nearby for Lease

    • $15 SF/Yr
      24,500 SF

      Retail/Office/Flex Space on Route 1

      Two-story building with suites available for lease.
      376-380 Boston St, Topsfield, MA 01983
      View Details
    • $14 SF/Yr
      3,900 SF

      Former Bank Branch with Drive-Thru

      Former bank branch in Central Business District with drive-thru.
      30 Main St, Topsfield, MA 01983
      View Details
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    Topsfield, MA 01983-1822
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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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