Financial
Distress signals
Property profile

550 Pleasant St 109 Winthrop, MA 02152

FOR LEASE
Other office properties
Property ID
US38-1259193
812 SF Built 2006
Last sale Oct 2017 · $250,000
Individually Owned Owner of record is an individual. 8-yr Hold Held for 8 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This is an office space at Atlantis Marina configured as approximately 1,250 square feet. Additional property details such as specific layout, finishes, and included features are not provided in the available description.

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?
$3k
Tax billed · 2024
Assessed value$319k
Assessed improvement$319k
Effective rate1.04%

Value estimate

· Sep 2026
$265k
$239k – $292k
AI approach$265k
NOI build-up
Gross scheduled income$50k
Vacancy & credit loss−$9k
Operating expenses−$10k
NOI · 1,087.75% cap applied$30k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$543/SF
County average, outlier-cleaned · 181 recorded sales of this use type
Observed band · Q1–Q3$293 – $858
Qualifying comparables12

Cap rate analysis

How does the asset earn?
1,087.75%
$30k estimated NOI · market benchmarks for this use type

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

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.

JurisdictionWINTHROP

Location intelligence

Which uses thrive at this corner?
Best fit: Clothing Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Clothing Store11.8
Furniture Store10.6
Pharmacy10.2

Location

550 Pleasant St, Unit 109 Winthrop, MA 02152
County assessor Recorded deeds · 3 transfers 12 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

3 recorded sales · 15 properties nearby
Recent sales nearby
3 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2 Chamberlain, Winthrop, MA 02152-1582 $171,000 Apr 2025 1,350 SF
49 Adams, Winthrop, MA 02152-2932 $1,331,000 Dec 2023 2,662 SF
42 Woodside, Winthrop, MA 02152-2920 $1,200,000 Mar 2019 1,821 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?”
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