Financial
Distress signals
Property profile

369 Broadway 205 Everett, MA 02149

FOR LEASE
Office buildings
Property ID
US38-1056009
15,483 SF 0.16 ac lot Built 1925
Last sale Nov 2021 · $2,263,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A professional office suite configured with a fully open floor plan to allow flexible interior layout, located on the second floor of a maintained, professionally managed office building. The building includes central air and common-area bathroom access, with hallways finished in a clean, modern style. The suite benefits from a comparatively high ceiling and offers views from the second-floor positioning. The building is situated directly on Broadway near a major roadway, providing street-facing visibility and traffic exposure.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$51k
Tax billed · 2024
Assessed value$2.14M
Assessed land$497k
Assessed improvement$1.64M
Effective rate2.40%

Value estimate

· Sep 2026
$2.08M
$1.87M – $2.29M
AI approach$2.03M
NOI build-up
Gross scheduled income$52k
Vacancy & credit loss−$11k
Operating expenses−$10k
NOI · 1,884.00% cap applied$30k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
County average, outlier-cleaned · 858 recorded sales of this use type
Observed band · Q1–Q3$122 – $352
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,884.00%
$30k 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?
BD
Business District is intended to promote business related uses.
General categoryCOMMERCIAL
JurisdictionEVERETT

Location intelligence

Which uses thrive at this corner?
Best fit: Acupuncture
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Acupuncture10.4
Catering Service9.2
Nursing Home9.1

Location

369 Broadway, Unit 205 Everett, MA 02149
County assessor Recorded deeds · 9 transfers 8 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

5 recorded sales · 17 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
14 Norwood, Everett, MA 02149-2710 $1,250,000 Aug 2024 3,316 SF
564 Broadway, Everett, MA 02149-3717 $450,000 Apr 2022 1,093 SF
560 Broadway, Everett, MA 02149-3717 $350,000 Apr 2022 651 SF
366 Broadway, Everett, MA 02149-3474 $1,250,000 Jun 2021 5,616 SF
1795 Revere Bch, Everett, MA 02149-5912 $1,001,000 May 2021 2,091 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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