Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

12 Essex St Melrose, MA 02176

FOR LEASE
Retail space
Property ID
US38-0626180
2,520 SF 0.13 ac lot Built 1900
Last sale May 2026 · $11,880,000
Entity Owned Owner of record is a legal entity (LLC / corporation). ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Market Trends Soon
12 Essex St, Melrose, MA 02176 For Lease
$40 SF/Yr
12 Essex St, Melrose, MA 02176
View Listing

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$11k
Tax billed · 2024
Assessed value$616k
Assessed land$377k
Assessed improvement$239k
Effective rate1.77%

Value estimate

· Oct 2026
$2.20M
$1.98M – $2.41M
AI approach$2.12M
NOI build-up
Gross scheduled income$35k
Vacancy & credit loss−$2k
Operating expenses−$10k
NOI · 57,492.50% cap applied$23k

Realmo valuation models over county records and 13 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 comparables13

Cap rate analysis

How does the asset earn?
57,492.50%
$23k 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?
BA1
JurisdictionMELROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop12.1
Parking Facility11.3
Smoke and Vape Shop11.1

Location

12 Essex St Melrose, MA 02176
County assessor Recorded deeds · 7 transfers 13 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 · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
371 Franklin, Melrose, MA 02176-1854 $875,000 Nov 2025 2,288 SF
689 Main, Melrose, MA 02176-2707 $1,300,000 Aug 2024 2,795 SF
681 Main, Melrose, MA 02176-2707 $1,300,000 Aug 2024 3,538 SF
475 Main, Melrose, MA 02176-3837 $280,000 Feb 2024 2,677 SF
108 Main, Melrose, MA 02176-6104 $1,578,505 Nov 2021 3,596 SF
667-669 Main, Melrose, MA 02176 $785,000 Jul 2021 2,928 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

Ask Rey → ChatGPT Grok Claude
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