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Property profile & analytics
OFF-MARKET
Estimated value
$835,000
Retail space
555 Ocean St Marshfield, MA 02050-9991
Trust Owned
8-yr Hold
Free & Clear
Property ID
US38-0484089
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1982
Construction
FRAME
Total area
6,400 SF
Lot
0.77 ac (33,466 SF)
Zoning code
B-3
APN
MARS M:0M09 B:0005 L:0003
UPID
US38-0484089
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
-
United States Postal Service Logistics Service Money Order Service
-
Bitcoin Depot ATM Atm
-
Bitcoin Depot | Bitcoin ATM Atm Crypto Atm
-
Ocean Bluff Packet (Bike/Boat/Book/etc) Store Wine and Liquor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$922k
Blend (final)
Blend
$835k
Owner & transaction history
Covell Family Trust · 8 yrs held
Covell Family Trust
since 2017
6 recorded transactions
Zoning & alternative use
B-3 · Marshfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
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-famil…
Zone name
Business Neighborhood
General category
COMMERCIAL
Zone area
32.06 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,330,000
Current use
AUTO REPAIR, GARAGE
$1,325,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$1,295,000
Change: -3% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,145,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$835k
Range $752k – $919k · ±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
$130 / 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
$9,379
Tax year 2024
Assessed value
$902,700
Assessed 2024
Previous assessed
$902,700
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$450,000
Assessed improvement
$452,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1982
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
4
Total area
6,400 SF
Lot
0.77 ac (33,466 SF)
Zoning code
B-3
APN
MARS M:0M09 B:0005 L:0003
UPID
US38-0484089
Jurisdiction
MARSHFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
B-3 · Marshfield, MAZoning B-3 · permitted uses
B-3 · Marshfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
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 space residential developm
Zone name
Business Neighborhood
General category
COMMERCIAL
Zone area
32.06 ac
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1982
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
4
Lot
0.77 ac
Current owner
From public records · entity-resolved
Covell Family Trust
Trust
Free & Clear · 8 yrs held
Mailing address
54 BUTTONWOOD RD, MARSHFIELD, MA 02050-1706
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2017
—
Covell Family Trust
555 Ocean Street Realt Trust
Quit Claim Deed
related
—
Apr 2, 1997
—
555 Ocean St. RT
—
Deed Of Trust
related
$312,402 · First Trade Union Savings Bank
Dec 8, 1994
—
555 Ocean St. RT
—
Deed Of Trust
related
$400,000 · First Trade Union Savings Bank
Sep 28, 1994
—
555 Ocean St. RT
—
Deed Of Trust
related
$50,000 · First Trade Union Savings Bank
Sep 20, 1994
—
555 Ocean St. RT
—
Deed Of Trust
related
$70,000 · First Trade Union Savings Bank
Sep 29, 1987
—
555 Ocean Street RT
—
Deed Of Trust
related
$400,000 · Sentry Fed Svgs Bk
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
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