Technical
Financial
Distress signals
Property profile

97 Tpke Rd Ipswich, MA 01938

OFF-MARKET
Parking lots & garages
Property ID
US38-2256944
8,244 SF Built 2015
Individually Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2015
Construction FRAME
Total area 8,244 SF
Zoning code PC
APN IPSW M:27B B:0004 L:097
UPID US38-2256944

Cap rate & NOI

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

Location

97 Tpke Rd Ipswich, MA 01938
Ipswich metro Census 223300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.61M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.59M

Owner & transaction history

since 2021
Last sale
$1.3M
1 recorded transaction
2021
$1.3M

Zoning & alternative use

PC · Ipswich, MA
Zoning description

8. Planned Commercial District (PC) (Amended by 10/22/90 Special Town Meeting; approved by AG 1/14/91) 9. Industrial (I) District 10. Limited Industrial (LI) District (Amended by 10/22/90 Special Town Meeting; approved b…

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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