Property profile

7 Central St Marblehead, MA 01945

OFF-MARKET
Office buildings
Property ID
US38-0008660
1,471 SF 0.11 ac lot Built 1880
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1880
Construction FRAME
Total area 1,471 SF
Lot 0.11 ac (4,860 SF)
Zoning code B1
APN MARB M:0111 B:0026 L:0
UPID US38-0008660

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7 Central St Marblehead, MA 01945
Marblehead metro Census 203200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$675k
Comparable Approach Comparable
$460k
Blend (final) Blend
$335k

Owner & transaction history

since 2021
Last sale
$750,000
4 recorded transactions
2021
$265,000
2021
Price N/A
2010
$382,000
2004
$360,000

Zoning & alternative use

B1 · Marblehead, MA
Top alternative use upside
Commercial (general) $500,000 +32.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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