Financial
Distress signals
Property profile

401 Upham St Melrose, MA 02176

OFF-MARKET
Gas stations
Property ID
US38-0403316
1,006 SF 0.18 ac lot Built 1924
Last sale May 2025 · $1,200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents a well-established gas and service station located at 401 Upham St, Melrose, MA 02176. Operating profitably since 1929, this turnkey business boasts three gas pumps, two fully equipped service bays currently leased to a long-term tenant, and ample storage/parking. The property features a main office with a private bath, plus a public restroom. The building, constructed in 1924, sits on a 7,802 sq ft lot and is zoned SRB. Triple-walled steel

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?
$10k
Tax billed · 2024
Assessed value$573k
Assessed land$408k
Assessed improvement$166k
Effective rate1.77%

Value estimate

· Sep 2026
$240k
$216k – $264k
AI approach$275k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$591/SF
County average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$240 – $962

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?
SRB
JurisdictionMELROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm15.2
Restaurant11.5
Smoke and Vape Shop10.4

Location

401 Upham St Melrose, MA 02176-3430
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file 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

2 recorded sales · 9 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
891 Main, Melrose, MA 02176 $8,906,250 Jun 2020 1,232 SF
870 Main, Melrose, MA 02176-2346 $1,000,000 Aug 2019 1,050 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
4 properties of the same type nearby
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