Financial
Distress signals
Property profile

536 Lebanon St Melrose, MA 02176

OFF-MARKET
Other investment properties
Property ID
US38-0964923
1,799 SF 0.11 ac lot Built 1855
Last sale Dec 2021 · $650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years.
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Property summary

AI-generated overview

Located at 536 Lebanon St in Melrose, this mixed-use property features a first-floor commercial space and a residential apartment above. The commercial area is configured with a reception area, kitchenette, administrative office, exam rooms, and access to a full basement, and the site includes an on-site parking lot; it was previously arranged for MedSpa use. The apartment is a two-bedroom unit with stainless steel appliances, in-unit washer and dryer, and hardwood flooring throughout. The

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

What does the county charge?
Assessed value · 2024$614k
Assessed land$392k
Assessed improvement$223k

Value estimate

· Sep 2026
$665k
$599k – $732k
AI approach$640k
CAP approach$455k
Sales comparison$687k

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

Recently sold

What actually traded nearby?
$258/SF
County average, outlier-cleaned · 830 recorded sales of this use type
Observed band · Q1–Q3$130 – $413
Qualifying comparables12

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?
BD
The intent of the zone to promote Medical Business District
General categoryCOMMERCIAL
JurisdictionMELROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop11.8
Parking Facility11.6
Pawn Shop11.6

Location

536 Lebanon St Melrose, MA 02176-3503
County assessor Recorded deeds · 7 transfers 12 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
73 Essex, Melrose, MA 02176-3103 $850,000 May 2024 2,188 SF
532 Lebanon, Melrose, MA 02176-3519 $190,000 Feb 2024 2,988 SF
35 Grn, Melrose, MA 02176-2800 $1,200,000 Jul 2023 2,202 SF
161 Wyoming, Melrose, MA 02176-3629 $775,000 Oct 2022 2,943 SF
837 Main, Melrose, MA 02176-2715 $308,000 Jul 2022 2,215 SF
63-65 Grv, Melrose, MA 02176 $650,000 Aug 2020 2,913 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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