Property profile

8 Spg St Marblehead, MA 01945

OFF-MARKET
Investment properties
Property ID
US38-1324980
3,702 SF 0.15 ac lot Built 1880
Individually Owned 4-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1880
Construction FRAME
Total area 3,702 SF
Lot 0.15 ac (6,590 SF)
Zoning code B1
APN MARB M:0128 B:0002 L:0
UPID US38-1324980

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Spa & Massage Center
  • Hair Salon Nail Salon

Location

8 Spg St Marblehead, MA 01945-3314
Marblehead metro Census 203301 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
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Comparable Approach Comparable
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Blend (final) Blend
$85k

Owner & transaction history

since 2022
Last sale
$97,000
7 recorded transactions
2022
Price N/A
2004
Price N/A
1998
Price N/A
1992
Price N/A
1992
$97,000
1992
$43,000
1992
$140,000

Zoning & alternative use

B1 · Marblehead, MA
Zoning description

at contains a building or buildings(s) with more than three dwelling units. NONRESIDENTIAL USE - A use that is listed as an allowed retail and consumer service use or an allowed institutional and recreational use in the…

General category COMMERCIAL

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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