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Property profile & analytics
FOR LEASE
Office buildings
988 Pln St, Marshfield, MA 02050-2112
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0528541
For Lease
1 / 26
$5,000/Mo
988 Pln St, Marshfield, MA 02050-2112
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
FRAME
Total area
3,200 SF
Lot
0.61 ac (26,528 SF)
Zoning code
B-2
APN
MARS M:0C10 B:0005 L:002A
UPID
US38-0528541
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
-
Solution Fire Prevention INC General Contractor Security Service
-
Andrea Campbell Real Estate Real Estate Agency
-
Old Colony Homes Real Estate Agency
-
Brenna Crowe Real Estate Real Estate Agency
-
Horace Mann Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$935k
Owner & transaction history
Fike Bros LLC · 1 yrs held
Fike Bros LLC
since 2025
Last sale
$1
7 recorded transactions
Zoning & alternative use
B-2 · Marshfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$665,000
+2.7%
Auto repair, garage
$660,000
+2.4%
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 Marshfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshfield 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$645,000
Current use
RETAIL STORES
$665,000
Change: +3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$660,000
Change: +2% · Conversion: Difficult
COMMERCIAL (GENERAL)
$575,000
Change: -11% · Conversion: Easy
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $1 (May 8 2025)
Last sale anchor
$1
May 8 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$292 / SF
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
$10,319
Tax year 2024
Assessed value
$993,200
Assessed 2024
Previous assessed
$993,200
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$500,100
Assessed improvement
$493,100
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
7
Bathrooms
2
Total area
3,200 SF
Lot
0.61 ac (26,528 SF)
Zoning code
B-2
APN
MARS M:0C10 B:0005 L:002A
UPID
US38-0528541
Jurisdiction
MARSHFIELD
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
B-2 · Marshfield, MA
Zoning B-2 · permitted uses
B-2 · Marshfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marshfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$645,000
RETAIL STORES
Est. value
$665,000
AUTO REPAIR, GARAGE
Est. value
$660,000
COMMERCIAL (GENERAL)
Est. value
$575,000
OFFICE BUILDING Current
RETAIL STORES
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
7
Bathrooms
2
Lot
0.61 ac
Current owner
From public records · entity-resolved
Fike Bros LLC
Entity
Mailing address
988 PLN ST, MARSHFIELD, MA 02050-2112
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 8, 2025
$995,000
Fike Bros LLC
988 Plain Street LLC
Deed
related
$896,000 · Rfb F4 Nb LLC
Dec 16, 2024
—
Offices At 285 Wa St Brai
—
Deed
related
$255,000 · Option C Properties L
Dec 5, 2024
—
988 Plain Street LLC
—
Deed
related
$417,000 · Rbmk LLC
Nov 29, 2024
—
285 Washington Street LLC
—
Deed
related
$150,000 · Brian Comer
Oct 6, 2022
—
988 Plain Street LLC
—
Deed
related
$433,000 · South Shore Bank
Feb 16, 2018
—
988 Plain St LLC
—
Deed
related
$250,000 · South Shore Bank
Sep 23, 2008
$1
988 Plain Street Mars LLC
Webster,stephen D
Grant Deed
—
Feb 11, 2004
—
Stephen D Webster
—
Deed Of Trust
related
$478,000 · South Shore Bank
Oct 27, 2003
$175,000
Stephen D Webster
South Shore Sb
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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