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    Property profile & analytics

    8 Spg St Marblehead, MA 01945-3314

    • Investment properties
    • 3,702 SF
    • 0.15 lot acres
    OFF-MARKET
    Value Estimation
    $90,000
    Last Sale
    May 03, 2022
    $97,000
    Location Intelligence
    Property ID
    US38-1324980
    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

    • HVW Esthetics / Spa / Facial Spa
    • Studio V Hair / Beauty Salon / Day Spa

    Property Details for 8 Spg St

    Year built
    1880
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property size
    3,702 SF
    Zone code
    B1
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    MARB M:0128 B:0002 L:0
    APU
    MARBM0128B0002L0

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $85,000

    • CAP approach

      CAP return
      Estimation
      6%
      $95,000
      6.5%
      $100,000
      7%
      $95,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $85,000
      Geo Method
      $80,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $100,000
      Retail
      $90,000
      Mixed-Use
      $100,000
      Hospitality
      $95,000
      Educational
      $85,000
      Residential Income
      $115,000
      Energy
      $90,000
      Income-Based Land
      $95,000
      Food Service
      $90,000

    Location Insight

    • Map
    • Local Demand
    City
    Marblehead
    County
    Essex
    State
    Massachusetts
    Longitude
    -70.8561
    Latitude
    42.503
    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
    $7,656
    $518,400
    $336,100
    $854,500
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,777 SF

      126 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,777 SF
      126 Washington St, Marblehead, MA 01945-5609
      View Details
    • Value Estimation by Request
      4,640 SF

      86 Washington St

      OFFICE/RESIDENTIAL (MIXED USE) • 4,640 SF
      86 Washington St, Marblehead, MA 01945-3672
      View Details
    • Value Estimation by Request
      4,826 SF

      104 Washington St, Unit 112

      OFFICE/RESIDENTIAL (MIXED USE) • 4,826 SF
      104 Washington St, Marblehead, MA 01945-3554
      View Details
    • Value Estimation
      $1,800,000
      0.17 Acres

      63 Frnt St, Unit 69

      OFFICE/RESIDENTIAL (MIXED USE) • 0.17 Acres
      63 Frnt St, Marblehead, MA 01945-3258
      View Details
    • Value Estimation
      $715,000
      2,547 SF

      43 Atlantic Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,547 SF
      43 Atlantic Ave, Marblehead, MA 01945-3103
      View Details
    • Value Estimation
      $1,340,000
      6,105 SF

      9 State St

      OFFICE/RESIDENTIAL (MIXED USE) • 6,105 SF
      9 State St, Marblehead, MA 01945-3592
      View Details

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    Similar Nearby for Lease

    • $353 /Mo

      Newly Renovated Office Space

      Professional office space in a sought-after Marblehead building.
      118 Pleasant St, Marblehead, MA 01945
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    • $2,800 /Mo

      Retail Space in Prime Location

      Corner retail unit with open space and new HVAC system.
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    • $700 /Mo

      Renovated Office Space on Atlantic

      Renovated office space in Marblehead's shopping district for rent.
      28 Atlantic 3, Marblehead, MA 01945
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    • $450 /Mo

      Private Office Suite on Atlantic

      Unfurnished office suite with utilities included and 24/7 access.
      10 Atlantic Ave, Marblehead, MA 01945
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    • $2,600 /Mo

      Newly Constructed Retail/Office Space

      New retail or office space with high visibility and parking.
      149 Pleasant St, Marblehead, MA 01945
      View Details
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    8 Spg St
    Marblehead, MA 01945-3314
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    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
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