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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Turn key restaurants
7 Central St Manchester, MA 01944-1309
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0965869
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1965
Construction
FRAME
Total area
6,473 SF
Lot
0.14 ac (5,959 SF)
Zoning code
G
APN
MANC M:0053 B:0000 L:0032
UPID
US38-0965869
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$666k
Blend (final)
Blend
$900k
Owner & transaction history
Agem 7 Central LLC · 2 yrs held
Agem 7 Central LLC
since 2024
Last sale
$900,000
7 recorded transactions
Zoning & alternative use
G · Manchester, 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 Manchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Manchester 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
$900,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $900k (Apr 22 2024)
Last sale anchor
$900k
Apr 22 2024
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
$139 / 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
$10,895
Tax year 2024
Assessed value
$1,165,200
Assessed 2024
Previous assessed
$1,165,200
+0.0% YoY
Effective rate
0.94%
On assessed value
Assessed land
$392,600
Assessed improvement
$772,600
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1965
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
1
Rooms
4
Bathrooms
5
Total area
6,473 SF
Lot
0.14 ac (5,959 SF)
Zoning code
G
APN
MANC M:0053 B:0000 L:0032
UPID
US38-0965869
Jurisdiction
MANCHESTER
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
G · Manchester, MAZoning G · permitted uses
G · Manchester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1965
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
1
Rooms
4
Bathrooms
5
Lot
0.14 ac
Current owner
From public records · entity-resolved
Agem 7 Central LLC
Entity
Mailing address
40 BCH ST STE #305, MANCHESTER BY THE SEA, MA 01944-1464
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2024
—
Agem 7 Central LLC
7 Central Nt
Quit Claim Deed
related
—
Apr 3, 2018
—
7 Central Nominee Trust
Town Central Realty Trust
Quit Claim Deed
related
—
Jan 22, 2004
$900,000
Town Of Central RT
Seven Central Manchester
Grant Deed
$700,000 · National Grand Bank Marblhd
Aug 31, 1992
—
Cent Manchester RT
—
Deed Of Trust
related
$500,000 · Shawmut Bank Of Boston
Jul 8, 1988
—
Central Manch RT
—
Deed Of Trust
related
$650,000 · Shawmut Bank Of Boston
Oct 20, 1987
—
Central Manchester RT
—
Deed Of Trust
related
$150,000 · Shawmut Merchant Bk
—
—
Central Realty Trust
—
Deed Of Trust
related
$660,000 · National Grand Bk/marblehead
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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