Financial
Distress signals
Property profile

521 Franklin St 529 Melrose, MA 02176

OFF-MARKET
Turn key restaurants
Property ID
US38-0470095
6,973 SF 0.31 ac lot Built 1896
Last sale Aug 2024 · $3,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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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?
$25k
Tax billed · 2024
Assessed value$1.39M
Assessed land$497k
Assessed improvement$895k
Effective rate1.77%

Value estimate

· Sep 2026
$3.10M
$2.79M – $3.41M
AI approach$3.10M

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$290/SF
County average, outlier-cleaned · 138 recorded sales of this use type
Observed band · Q1–Q3$147 – $429
Qualifying comparables7

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?
BA2
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
Restaurant16.7
Clothing Store15.5
Parking Facility14.8

Location

521 Franklin St, Unit 529 Melrose, MA 02176-1742
County assessor Recorded deeds · 5 transfers 7 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
437 Franklin, Melrose, MA 02176-1855 $450,000 Jan 2025 4,448 SF
681 Main, Melrose, MA 02176-2707 $1,300,000 Aug 2024 3,538 SF
439 Main, Melrose, MA 02176-3837 $4,900,000 Jul 2024 14,468 SF
462 Main, Melrose, MA 02176-3842 $3,700,000 Feb 2024 6,747 SF
108 Main, Melrose, MA 02176-6104 $1,578,505 Nov 2021 3,596 SF
453 Franklin, Melrose, MA 02176-1855 $1,500,000 Jul 2021 4,580 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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