Financial
Distress signals
Property profile

484 Main St 490 Melrose, MA 02176

OFF-MARKET
Retail space
Property ID
US38-1818763
18,065 SF 0.19 ac lot Built 1859
Last sale Oct 2023 · $2,000,000
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?
$57k
Tax billed · 2024
Assessed value$3.21M
Assessed land$536k
Assessed improvement$2.67M
Effective rate1.77%

Value estimate

· Sep 2026
$2.09M
$1.88M – $2.30M
AI approach$2.04M
Sales comparison$1.92M

Realmo valuation models over county records and 7 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 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?
BA1
JurisdictionMELROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility15.0
Restaurant12.8
Clothing Store12.3

Location

484 Main St, Unit 490 Melrose, MA 02176-3841
County assessor Recorded deeds · 3 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
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
360 Main, Melrose, MA 02176-4623 $2,000,000 Dec 2020 15,783 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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