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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Retail space
70 Atlantic Ave Marblehead, MA 01945-3042
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1342769
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
FRAME
Total area
6,465 SF
Lot
0.11 ac (4,883 SF)
Zoning code
B1
APN
MARB M:0111 B:004A L:0
UPID
US38-1342769
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
-
Sarah O'connor Pediatrician Medical Clinic
-
CoinFlip Bitcoin ATM Investment Service Money Transfer Service
-
KeyExpress Locksmiths Locksmith (Bike/Boat/Book/etc) Store
-
Resharp Sharpening Service
-
Dr. Daniel Shen Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
$1.64M
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$1.31M
Owner & transaction history
Lxx Atlantic Ave LLC · 5 yrs held
Lxx Atlantic Ave LLC
since 2021
Last sale
$1.3M
6 recorded transactions
Zoning & alternative use
B1 · Marblehead, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.1M
+43.8%
Office building
$1.7M
+15.6%
Auto repair, garage
$1.6M
+7.7%
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
$1,435,000
ML approach
$1,445,000
CAP Approach
CAP Return
Estimation
6%
$1,770,000
6.5%
$1,635,000
7%
$1,515,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,440,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,065,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$1,660,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,550,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10% · vs last sale $1.25M (Feb 16 2021)
Last sale anchor
$1.25M
Feb 16 2021
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
$203 / 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
$11,910
Tax year 2024
Assessed value
$1,329,200
Assessed 2024
Previous assessed
$1,229,200
+8.1% YoY
Effective rate
0.90%
On assessed value
Assessed land
$656,700
Assessed improvement
$672,500
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
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Bathrooms
4
Total area
6,465 SF
Lot
0.11 ac (4,883 SF)
Zoning code
B1
APN
MARB M:0111 B:004A L:0
UPID
US38-1342769
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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1978
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Bathrooms
4
Lot
0.11 ac
Current owner
From public records · entity-resolved
Lxx Atlantic Ave LLC
Entity
Mailing address
25 ORNE ST, MARBLEHEAD, MA 01945-2658
Ownership since
2021
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
Feb 16, 2021
$1,250,000
Lxx Atlantic Ave LLC
70 Atlantic Ave Rlty LLC
Quit Claim Arm's Length For Ne States
$1,950,000 · Live Oak Banking Company
Sep 26, 2019
—
70 Atlantic Ave Realty
—
Deed
related
$700,000 · National Grand Bk/marblehead
Sep 30, 2013
$1,000,000
70 Atlantic Ave Rlty LLC
Atlantic Avenue RT
Quit Claim Deed
$900,000 · Atlantic Avenue RT
Feb 4, 1994
—
Atlantic Ave RT
—
Deed Of Trust
related
$500,000 · Green Family RT
—
—
70 Atlantic Ave Realty
—
Deed Of Trust
related
$700,000 · National Grand Bk/marblehead
—
—
70 Atlantic Ave Rlty
—
Deed Of Trust
related
$885,000 · 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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