Financial
Distress signals
Property profile

69 Newland St Malden, MA 02148

FOR LEASE
Retail space
Property ID
US38-1184746
2,000 SF 0.36 ac lot Built 1988
Last sale Mar 2021 · $750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

A fully renovated 2,000 sq ft office/showroom/garage building configured for mixed-use operations, with a customer-facing showroom area and an enclosed vehicle detail bay. Interior amenities include two full bathrooms and a small kitchen/break area to support day-to-day office and service functions. The property is situated on a 15,000 sq ft fenced lot and provides an enclosed site layout with ample off-street parking for up to 30 vehicles. The building is zoned HB and holds legal

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?
$14k
Tax billed · 2024
Assessed value$768k
Assessed land$457k
Assessed improvement$311k
Effective rate1.82%

Value estimate

· Sep 2026
$850k
$765k – $935k
AI approach$855k
NOI build-up
Gross scheduled income$32k
Vacancy & credit loss−$2k
Operating expenses−$9k
NOI · 303.91% cap applied$21k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$270/SF
County average, outlier-cleaned · 360 recorded sales of this use type
Observed band · Q1–Q3$140 – $417
Qualifying comparables10

Cap rate analysis

How does the asset earn?
303.91%
$21k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HB
JurisdictionMALDEN

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 agency109.1
Law Firm84.7
Dental Office77.5

Location

69 Newland St Malden, MA 02148
County assessor Recorded deeds · 4 transfers 10 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
678 Salem, Malden, MA 02148-4363 $70,000 Oct 2024 2,840 SF
1 Bch, Malden, MA 02148-4619 $295,000 Feb 2024 2,000 SF
197 Fry, Malden, MA 02148-5644 $275,000 Aug 2023 2,187 SF
283-287 Salem, Malden, MA 02148 $500,000 May 2023 1,560 SF
104-108 Main, Malden, MA 02148 $3,350,000 May 2021 2,260 SF
271-273 Highland, Malden, MA 02148 $575,000 Oct 2020 1,672 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
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?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message