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Property profile & analytics
OFF-MARKET
Turn key restaurants
7 Atlantic Ave, Marblehead, MA 01945-3293
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1164863
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Construction
FRAME
Total area
1,410 SF
Lot
0.03 ac (1,440 SF)
Zoning code
B1
APN
MARB M:0115 B:0050 L:0
UPID
US38-1164863
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
-
Marblehead House of Pizza Inc Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
G&z Realty LLC · 19 yrs held
G&z Realty LLC
since 2006
4 recorded transactions
Zoning & alternative use
B1 · Marblehead, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,910
Tax year 2024
Assessed value
$659,600
Assessed 2024
Previous assessed
$582,600
+13.2% YoY
Effective rate
0.90%
On assessed value
Assessed land
$560,300
Assessed improvement
$99,300
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
GRAVITY
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
1,410 SF
Lot
0.03 ac (1,440 SF)
Zoning code
B1
APN
MARB M:0115 B:0050 L:0
UPID
US38-1164863
Jurisdiction
MARBLEHEAD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
B1 · Marblehead, MA
Zoning B1 · permitted uses
B1 · 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.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
GRAVITY
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.03 ac
Current owner
From public records · entity-resolved
G&z Realty LLC
Entity
Mailing address
7 ATLANTIC AVE, MARBLEHEAD, MA 01945-3293
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2006
$300,000
G&z Realty LLC
Gikas,nicholas
Grant Deed
$300,000 · Zwi Kohorn
Apr 10, 1995
$231,000
Nicholas Gikas
Atlantic Ltd RT
Grant Deed
—
Nov 20, 1989
$173,760
Ralph Branscomb
Lemieux,matthew
Grant Deed
$143,000 · Heritage Cp Bank
Jun 28, 1989
—
Matthew Lemieux
—
Deed Of Trust
related
$120,000 · First Colonial Bk Svg
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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