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Financial
Distress signals
Property profile

74 Martin St 4 Essex, MA 01929

FOR LEASE
Other investment properties
Property ID
US38-1295063
0.67 ac lot
Last sale Jun 2013 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
74 Martin St,Unit 4, Essex, MA 01929 For Lease 1 / 15
$2,500/Mo 1,200 SF available
74 Martin St,Unit 4, Essex, MA 01929
View Listing

Property summary

AI-generated overview

A 1,700-square-foot office unit built in 1970, previously used as a doctor’s office, with space that can be configured either as divided rooms or as an open-plan layout. The property includes an English garden and is identified as Comercial zoning. Located at 74 Martin Street in Essex, it overlooks Great Marsh and abuts a scenic coastal walking path, with Banks, the Post Office, and Essex Town Hall within walking distance. Parking is provided by 20 off-street spaces plus on-street parking.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$10k
Tax billed · 2024
Assessed value$764k
Assessed land$400k
Assessed improvement$364k
Effective rate1.33%

Value estimate

· Oct 2026
$200k
$180k – $220k
AI approach$185k
NOI build-up
Gross scheduled income$19k
Vacancy & credit loss−$1k
Operating expenses−$5k
NOI · 510.56% cap applied$13k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$199/SF
County average, outlier-cleaned · 725 recorded sales of this use type
Observed band · Q1–Q3$114 – $316

Cap rate analysis

How does the asset earn?
510.56%
$13k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
A00
JurisdictionESSEX

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency11.0
Parking Facility9.7
HVAC Service9.4

Location

74 Martin St, Unit 4 Essex, MA 01929
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
105 Martin, Essex, MA 01929-1217 $780,000 Dec 2025 No data
65 Eastern, Essex, MA 01929-1321 $125,000 Apr 2025 No data
161 Main, Essex, MA 01929-1305 $320,000 Sep 2024 No data
143 Main, Essex, MA 01929-1248 $1,117,000 Feb 2024 2,698 SF
79 Eastern, Essex, MA 01929-1346 $158,000 Nov 2023 2,488 SF
7 Main, Essex, MA 01929-1224 $315,000 Sep 2022 2,368 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby

Comparable nearby

  • Value Estimation
    $795,000
    5,280 SF
    16 Martin St
    OFFICE/RESIDENTIAL (MIXED USE)
    16 Martin St, Essex, MA 01929-1256
    View Details
  • Value Estimation
    $300,000
    0.89 Acres
    14 Centennial Grv Rd
    OFFICE/RESIDENTIAL (MIXED USE)
    14 Centennial Grv Rd, Essex, MA 01929-1137
    View Details
  • Value Estimation
    $260,000
    2.50 Acres
    15 Western Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    15 Western Ave, Essex, MA 01929-1207
    View Details
  • Value Estimation
    $500,000
    2,700 SF
    164 Main St
    OFFICE/RESIDENTIAL (MIXED USE)
    164 Main St, Essex, MA 01929-1304
    View Details
  • Value Estimation
    $185,000
    3.00 Acres
    186 Southern Ave
    OFFICE/RESIDENTIAL (MIXED USE)
    186 Southern Ave, Essex, MA 01929-1437
    View Details
  • Value Estimation
    $340,000
    13.81 Acres
    119 Main St
    OFFICE/RESIDENTIAL (MIXED USE)
    119 Main St, Essex, MA 01929
    View Details
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