Realmo Analytics

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Financial
Distress signals
Property profile

45 Spruce St Chelsea, MA 02150

OFF-MARKET
Industrial properties
Property ID
US38-0977707
26,762 SF 1.43 ac lot Built 1970
Last sale Dec 2019 · $6,000,000
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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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.

Debts

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?
$77k
Tax billed · 2024
Assessed value$3.23M
Assessed land$873k
Assessed improvement$2.35M
Effective rate2.37%

Value estimate

· Oct 2026
$2.43M
$2.19M – $2.67M

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

Recently sold

What actually traded nearby?
$324/SF
County average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$181 – $507
Qualifying comparables8

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?
INDUST
JurisdictionCHELSEA

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 agency66.7
Building Supply46.4
Law Firm38.9

Location

45 Spruce St Chelsea, MA 02150-2345
County assessor Recorded deeds · 8 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
284 Eastern, Chelsea, MA 02150-3308 $20,000,000 Oct 2024 22,000 SF
114 Carter, Chelsea, MA 02150-1551 $4,500,000 Oct 2022 17,160 SF
230 Cres, Chelsea, MA 02150-3018 $11,000,000 Jun 2022 16,800 SF
115 Carter, Chelsea, MA 02150-1537 $5,825,000 Jul 2021 22,372 SF
25 Griffin, Chelsea, MA 02150-3377 $7,500,000 Jun 2021 25,258 SF
201 Cres, Chelsea, MA 02150-3072 $2,650,000 May 2020 29,856 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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