Financial
Distress signals
Property profile

340 Main St Ste 102 Melrose, MA 02176

OFF-MARKET
Office Spaces
Property ID
US38-0156109
1,002 SF Built 1970
Last sale Jul 2010 · $175,000
Individually Owned Owner of record is an individual. 16-yr Hold Held for 16 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

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?
$3k
Tax billed · 2024
Assessed value$172k
Assessed improvement$172k
Effective rate1.77%

Value estimate

· Sep 2026
$235k
$212k – $259k
AI approach$235k

Realmo valuation models over county records and 16 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 comparables16

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?
BA1
JurisdictionMELROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant16.1
Clothing Store13.0
Food Market13.0

Location

340 Main St Ste, Unit 102 Melrose, MA 02176-4662
County assessor Recorded deeds · 3 transfers 16 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
109 Foster, Melrose, MA 02176-3832 $575,000 May 2024 1,419 SF
40 Belmont, Melrose, MA 02176-1712 $170,000 Mar 2023 1,543 SF
139 Linwood, Melrose, MA 02176-4721 $419,900 Dec 2021 1,260 SF
6 Eastman Pl1c, Melrose, MA 02176-3933 $118,690 Mar 2020 715 SF
45 Essex, Melrose, MA 02176-3152 $225,000 Jan 2020 1,309 SF
84 Myrtle, Melrose, MA 02176-3839 $217,000 Feb 2019 1,800 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?”
You own 340 Main St Ste, Unit 102?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
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