Financial
Distress signals
Property profile

495 Columbia St Somerville, MA 02143

FOR LEASE
Showrooms
Property ID
US38-1834422
336,002 SF 1.15 ac lot Built 2022
Last sale Sep 2020 · $7,427,364
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 1,021 square foot retail space presents a unique cafe opportunity within the vibrant Boynton Gateway development in Somerville, Middlesex County. Located in a dynamic commercial area designed by SGA, this single-tenant space is part of a larger 336,000 square foot development strategically positioned within Somerville's burgeoning life science cluster. The property benefits from its location within a thriving community, offering easy access to a diverse range of amenities

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?
$1.52M
Tax billed · 2024
Assessed value$83.79M
Assessed land$46.37M
Assessed improvement$37.42M
Effective rate1.82%

Value estimate

· Sep 2026
$8.06M
$7.25M – $8.87M
AI approach$9.03M

Realmo valuation models over county records.

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

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

What can be built here?
IP
JurisdictionSOMERVILLE

Location intelligence

Which uses thrive at this corner?
Best fit: Nail Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Nail Salon14.2
Nursing Home12.1
Assisted Living Facility11.3

Location

495 Columbia St Somerville, MA 02143
County assessor Recorded deeds · 11 transfers Qualifying comp sales · not on file Zoning catalog

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 · 14 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
101 Ss, Somerville, MA 02143-4267 $478,270,876 Jan 2022 288,959 SF
35 Medford, Somerville, MA 02143-4242 $35,500,000 Aug 2021 59,940 SF
561 Windsor, Somerville, MA 02143-4131 $40,000,000 May 2021 94,435 SF
311 Somerville, Somerville, MA 02143-2914 $450,000 Aug 2019 4,009 SF
374 Somerville, Somerville, MA 02143-2919 $3,000,000 Nov 2018 6,232 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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