New search
Property profile & analytics
OFF-MARKET
Estimated value
$870,000
Office buildings
8 Doaks Ln, Marblehead, MA 01945-3533
Individually Owned
5-yr Hold
Free & Clear
Property ID
US38-0954935
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1820
Construction
FRAME
Total area
3,257 SF
Lot
0.14 ac (6,048 SF)
Zoning code
HF
APN
MARB M:0169 B:0059 L:0
UPID
US38-0954935
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
-
Little Harbor Homes, Inc Construction Company General Contractor
-
Glover Property Management Inc. and Glover Brokerage Corporation Property Management Company Real Estate Rental Agency
-
Johnson Woods Condominium Trust in Reading Association Or Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$870k
Owner & transaction history
Johnson Wood Condo T · 5 yrs held
Johnson Wood Condo T
since 2021
6 recorded transactions
Zoning & alternative use
HF · Marblehead, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.1M
+32.3%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$835,000
Current use
COMMERCIAL (GENERAL)
$1,105,000
Change: +32% · Conversion: Easy
AUTO REPAIR, GARAGE
$780,000
Change: -7% · Conversion: Difficult
RETAIL STORES
$725,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$870k
Range $783k – $957k · ±10%
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
$267 / 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
$6,487
Tax year 2024
Assessed value
$724,000
Assessed 2024
Previous assessed
$672,200
+7.7% YoY
Effective rate
0.90%
On assessed value
Assessed land
$454,600
Assessed improvement
$269,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1820
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
3
Units
1
Bathrooms
3
Total area
3,257 SF
Lot
0.14 ac (6,048 SF)
Zoning code
HF
APN
MARB M:0169 B:0059 L:0
UPID
US38-0954935
Jurisdiction
MARBLEHEAD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
HF · Marblehead, MA
Zoning HF · permitted uses
HF · 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
OFFICE BUILDING Current
Est. value
$835,000
COMMERCIAL (GENERAL)
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$780,000
RETAIL STORES
Est. value
$725,000
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
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
1820
Construction
FRAME
Heating
HOT WATER
Stories
3
Buildings
1
Units
1
Bathrooms
3
Lot
0.14 ac
Current owner
From public records · entity-resolved
Johnson Wood Condo T
Individual
Free & Clear · 5 yrs held
Mailing address
8 DOAKS LN, MARBLEHEAD, MA 01945-3533
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
Jan 28, 2021
—
Johnson Wood Condo T
11 Intrepid RT
Quit Claim Deed
related
—
Oct 26, 2010
$1
Redstone Realty LLC
8 Doaks Lane RT
Grant Deed
related
—
Oct 26, 2010
—
Redstone Realty LLC
—
Deed Of Trust
related
$5,000,000 · Beacon Federal
Aug 24, 2009
$1
Doaks Lane RT
Redstone Realty LLC
Grant Deed
related
—
Feb 12, 2003
—
Redstone Realty LLC
—
Deed Of Trust
related
$500,000 · Banknorth NA
Mar 24, 1998
—
Harbor Rlty LP Little
—
Deed Of Trust
related
$375,000 · Brookline Savings Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8 Doaks Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
