Financial
Distress signals
Property profile

197 Washington St COM Somerville, MA 02143

OFF-MARKET
Commercial real estate
Property ID
US38-2235846
3,760 SF Built 2015
Last sale Feb 2026 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$23k
Tax billed · 2024
Assessed value$1.27M
Assessed improvement$1.27M
Effective rate1.82%

Value estimate

· Sep 2026
$590k
$531k – $649k

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?
$475/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$237 – $754
Qualifying comparables16

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionSOMERVILLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency18.2
Law Firm14.8
Accounting Firm12.5

Location

197 Washington St, Unit COM Somerville, MA 02143-3133
County assessor Recorded deeds · not on file 16 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
25 Washington, Somerville, MA 02143-4403 $1,450,000 Oct 2024 4,920 SF
260 Beacon, Somerville, MA 02143-3787 $1,550,000 Dec 2020 1,066 SF
185 Washington, Somerville, MA 02143-3106 $1,057,500 Oct 2019 2,690 SF
365 Somerville, Somerville, MA 02143-2914 $530,000 May 2019 1,000 SF
62 Bow, Somerville, MA 02143-2910 $179,000 Mar 2019 600 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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