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Property profile & analytics
OFF-MARKET
Turn key restaurants
9 Grn St, Marblehead, MA 01945-3424
Entity Owned
9-yr Hold
Free & Clear
Property ID
US38-1264159
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1940
Construction
FRAME
Total area
695 SF
Lot
0.02 ac (1,060 SF)
Zoning code
CR
APN
MARB M:0151 B:0001 L:0
UPID
US38-1264159
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
-
The Little Store Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Jb Capital LLC · 9 yrs held
Jb Capital LLC
since 2017
6 recorded transactions
Zoning & alternative use
CR · Marblehead, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,632
Tax year 2024
Assessed value
$182,100
Assessed 2024
Previous assessed
$168,300
+8.2% YoY
Effective rate
0.90%
On assessed value
Assessed land
$134,400
Assessed improvement
$47,700
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
1
Total area
695 SF
Lot
0.02 ac (1,060 SF)
Zoning code
CR
APN
MARB M:0151 B:0001 L:0
UPID
US38-1264159
Jurisdiction
MARBLEHEAD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
CR · Marblehead, MA
Zoning CR · permitted uses
CR · 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.
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
1
Lot
0.02 ac
Current owner
From public records · entity-resolved
Jb Capital LLC
Entity
Free & Clear · 9 yrs held
Mailing address
1 CURTIS ST, EAST BOSTON, MA 02128-5162
Ownership since
2017
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
May 23, 2019
—
Jb Capital LLC
—
Deed
related
$262,500 · North Shore Bank
May 30, 2017
$148,500
Jb Capital LLC
Mullins,richard P
Quit Claim Deed
related
—
Apr 11, 2002
—
Jane M Mullins
—
Deed Of Trust
related
$110,000 · Marblehead Savings Bank
Sep 18, 1995
$37,000
Richard Mullins
Mullins,robert JR
Grant Deed
related
$95,000 · Marblehead Savings Bank
Mar 13, 1990
—
Robert Mullins JR.
—
Deed Of Trust
related
$100,000 · Shore Bk & Tr Co
Aug 7, 1987
$110,000
Robert Mullins JR.
Pramas,angelo
Grant Deed
$100,000 · Bank Of Ne Essex
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.
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