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Property profile & analytics
OFF-MARKET
Estimated value
$1,905,000
Banks
66 Pleasant St, Marblehead, MA 01945-3346
Individually Owned
Free & Clear
Property ID
US38-0983559
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1930
Construction
FRAME
Total area
4,609 SF
Lot
0.71 ac (30,963 SF)
Zoning code
HIST
APN
MARB M:0133 B:0064 L:0
UPID
US38-0983559
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
-
Bank of America Financial Center Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.78M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.91M
Owner & transaction history
66 Pleasant St Marbleherad R
66 Pleasant St Marbleherad R
since 2026
Last sale
$2.0M
6 recorded transactions
Zoning & alternative use
HIST · Marblehead, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.0M
+252.1%
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 Marblehead submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marblehead 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
$1,835,000
ML approach
$1,780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,975,000
Change: +252% · Conversion: Difficult
Blend value · Realmo final
$1.91M
Range $1.71M – $2.10M · ±10% · vs last sale $2.00M (Feb 4 2025)
Last sale anchor
$2.00M
Feb 4 2025
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
$413 / 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
$16,554
Tax year 2024
Assessed value
$1,847,600
Assessed 2024
Previous assessed
$1,880,100
-1.7% YoY
Effective rate
0.90%
On assessed value
Assessed land
$1,585,300
Assessed improvement
$262,300
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
4,609 SF
Lot
0.71 ac (30,963 SF)
Zoning code
HIST
APN
MARB M:0133 B:0064 L:0
UPID
US38-0983559
Jurisdiction
MARBLEHEAD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
HIST · Marblehead, MA
Zoning HIST · permitted uses
HIST · Marblehead, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marblehead. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$2.0M
OFFICE BUILDING
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
1930
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.71 ac
Current owner
From public records · entity-resolved
66 Pleasant St Marbleherad R
Individual
Free & Clear · 0 yrs held
Mailing address
600 LORING AVE, SALEM, MA 01970-4264
Ownership since
2026
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
Mar 17, 2026
$2,050,000
66 Pleasant St Marbleherad R
66 Pleasantopp2 LLC
Corporation Deed
—
Feb 7, 2025
$900,000
66 Pleasantopp 2 LLC
Centercorp 66 Pleasant II
Deed
$400,000 · Ctrcorp 66 Pleasant I
Feb 4, 2025
$2,000,000
66 Pleasantopp LLC
Centercorp 66 Pleasant Ll
Deed
$1,935,000 · Rockland Trust Co
Feb 4, 2025
—
Centercorp 66 Pleasant II
Centercorp 66 Pleasant Ll
Quitclaim Deed
related
—
Oct 14, 2022
$900,000
Centercorp 66 Pleasant
Bank Of America NA
Quit Claim Arm's Length For Ne States
—
Jan 17, 1996
$350,000
Bank Of Boston
66 Pleasant St Assoc
Grant Deed
related
—
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.
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