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    Property profile & analytics

    471 Somerville Ave, Unit R1 Somerville, MA 02143

    • Commercial real estate
    • 1,032 SF
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2197068
    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

    • Connect Health and Performance / Fitness Center
    • The Pillars of Health / Fitness Center / Personal Trainer

    Property Details for 471 Somerville Ave

    Year built
    2020
    Property size
    1,032 SF
    Property type
    Commercial real estate
    APN
    SOME M:52 B:F L:11 U:R1
    APU
    SOMEM52BFL11UR1

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.1037
    Latitude
    42.3827
    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
    $12,099
    $0.00
    $664,800
    $664,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      4,900 SF

      4 Joy St

      SHOW ROOM, WAREHOUSE • 4,900 SF
      4 Joy St, Somerville, MA 02143-2111
      View Details
    • Value Estimation by Request
      17,250 SF

      337 Somerville Ave, Unit 4

      COMMERCIAL CONDOMINUIM • 17,250 SF
      337 Somerville Ave, Somerville, MA 02143-2914
      View Details
    • Value Estimation
      $1,650,000
      1,066 SF

      260 Beacon St, Unit 1

      COMMERCIAL CONDOMINUIM • 1,066 SF
      260 Beacon St, Somerville, MA 02143-3787
      View Details
    • Value Estimation by Request
      2,100 SF

      60 Medford St

      SHOW ROOM, WAREHOUSE • 2,100 SF
      60 Medford St, Somerville, MA 02143-4232
      View Details
    • Value Estimation
      $325,000
      2,695 SF

      66 Un Sqg1

      COMMERCIAL CONDOMINUIM • 2,695 SF
      66 Un Sqg1, Somerville, MA 02143-3040
      View Details
    • Value Estimation by Request
      3,080 SF

      381 Washington St

      SHOW ROOM, WAREHOUSE • 3,080 SF
      381 Washington St, Somerville, MA 02143-3844
      View Details

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      Somerville Triplex Investment Opportunity

      Triplex in Somerville with rehab potential and commuter convenience.
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    Similar Nearby for Lease

    • Contact for pricing
      78,000 SF

      Somerville Warehouse: 78,000 SF

      Large industrial warehouse, ideal for lease or sale.
      321 Washington St, Somerville, MA 02143
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    • Contact for pricing
      30,590 SF

      Class A Office Space Available

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    • Contact for pricing
      1,964 SF

      Somerville Retail Space For Rent

      Retail space available for rent in Somerville, Massachusetts.
      300 Somerville Ave, Somerville, MA 02143
      View Details
    • $5,500 /Mo
      1,000 SF

      Union Square Retail/Office Space

      High-visibility, renovated retail/office space with excellent foot traffic.
      322 Somerville Ave, Somerville, MA 02143
      View Details
    • Contact for pricing
      17,460 SF

      Somerville Industrial Space Available

      17,460 SF industrial space for lease in Somerville, MA.
      57-59 Innerbelt Rd, Somerville, MA 02143
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    • Contact for pricing
      5,060 SF

      Somerville Cambridge Retail Space

      Retail space available on the Somerville Cambridge line.
      118-120 Beacon St, Somerville, MA 02143
      View Details
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    471 Somerville Ave, Unit R1
    Somerville, MA 02143
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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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