Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    8 Prospect St Georgetown, MA 01833-1640

    • Office buildings
    • 984 SF
    • 0.07 lot acres
    OFF-MARKET
    Value Estimation
    $215,000
    Location Intelligence
    Property ID
    US38-0862066
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 8 Prospect St

    Year built
    1963
    Construction
    FRAME
    Lot size
    0.07 lot acres
    Property size
    984 SF
    Property type
    Office buildings
    APN
    GEOR M:0006C B:00000 L:00141
    APU
    GEORM0006CB00000L00141

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.9935
    Latitude
    42.727
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,238
    $87,200
    $170,800
    $258,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $840,000
      5,054 SF

      51 Main St

      OFFICE BUILDING • 5,054 SF
      51 Main St, Georgetown, MA 01833-2073
      View Details
    • Value Estimation
      $305,000
      1,534 SF

      35 Main St

      OFFICE BUILDING • 1,534 SF
      35 Main St, Georgetown, MA 01833-2007
      View Details
    • Value Estimation
      $555,000
      2,600 SF

      24-26 Central St

      OFFICE BUILDING • 2,600 SF
      24-26 Central St, Georgetown, MA 01833
      View Details
    • Value Estimation
      $860,000
      4,050 SF

      25 Main St

      OFFICE BUILDING • 4,050 SF
      25 Main St, Georgetown, MA 01833-2007
      View Details
    • Value Estimation
      $410,000
      1,884 SF

      113 Jewett St

      OFFICE BUILDING • 1,884 SF
      113 Jewett St, Georgetown, MA 01833-1833
      View Details
    • Value Estimation
      $245,000
      1,924 SF

      33 Main St

      OFFICE BUILDING • 1,924 SF
      33 Main St, Georgetown, MA 01833-2009
      View Details

    Similar Nearby for Sale

    • $2,200,000

      Versatile Commercial Property on Route 133

      Commercial property on 1.62 acres with excellent visibility.
      188 E Main St, Georgetown, MA 01833
      View Details
    • $1,149,900
      26.78 Acres

      Picturesque Georgetown Land Opportunity

      26.78 acres in Georgetown, ideal for estate or development.
      2 Tenney Ct, Haverhill, MA 01833
      View Details
    • $750,000

      Commercial Land For Sale

      Commercial land available for sale.
      33 Library St, Georgetown, MA 01833
      View Details

    Similar Nearby for Lease

    • $495 /Mo
      200 SF

      Georgetown Office Space For Lease

      Affordable office space in downtown Georgetown with high visibility.
      35-41 W Main St, Georgetown, MA 01833
      View Details
    • $24 SF/Yr
      1,667 SF

      Downtown Georgetown Office/Retail Space

      Prime Georgetown location, multiple suites available.
      35 Main St, Georgetown, MA 01833
      View Details
    • $1.00 SF/Yr
      828 SF

      Georgetown Office Space For Lease

      Second-floor office space in downtown Georgetown with high visibility.
      35-41 W Main St, Georgetown, MA 01833
      View Details
    • Contact for pricing
      1,500 SF

      Marlboro Office Space Available

      Office spaces for lease in Marlboro, Massachusetts.
      230-246 Maple St, Marlboro, MA 01833
      View Details
    • Contact for pricing
      300 SF

      Marlborough Professional Suites Available

      Professional suites for rent in a desirable Marlborough location.
      74 Main St, Marlboro, MA 01833
      View Details
    • $1.00 SF/Yr
      839 SF

      Georgetown Office Space For Lease

      Lower level office space in downtown Georgetown with high visibility.
      35-41 W Main St, Georgetown, MA 01833
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8 Prospect St
    Georgetown, MA 01833-1640
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.