New search
Property profile & analytics
OFF-MARKET
Estimated value
$51,985,000
Office buildings
10 Channel Ctr St Boston, MA 02210-3404
Entity Owned
~
Est. High Equity
Property ID
US38-1676922
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1919
Construction
BRICK
Total area
105,000 SF
Lot
0.55 ac (24,125 SF)
Zoning code
C
APN
SBOS W:06 P:02757 S:030
UPID
US38-1676922
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Medtronic Production Facility
-
Gilbane Building Company Construction Company
-
Channel Center Real Estate Agency
-
The Bernett Group Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$50.81M
Comparable Approach
Comparable
$53.13M
Blend (final)
Blend
$51.99M
Owner & transaction history
Nc Nrl Channel Ctr Jv LLC
Nc Nrl Channel Ctr Jv LLC
since 2025
Last sale
$52.0M
6 recorded transactions
Zoning & alternative use
C · Boston, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$70.7M
+9.5%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boston submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$55,035,000
6.5%
$50,805,000
7%
$47,175,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$64,530,000
Current use
RESTAURANT
$70,650,000
Change: +9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$61,780,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$56,425,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$51.99M
Range $46.79M – $57.18M · ±10% · vs last sale $52.00M (Dec 29 2025)
Last sale anchor
$52.00M
Dec 29 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$495 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$815,534
Tax year 2024
Assessed value
$32,272,824
Assessed 2024
Previous assessed
$33,027,076
-2.3% YoY
Effective rate
2.53%
On assessed value
Assessed land
$9,713,200
Assessed improvement
$22,559,624
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1919
Construction
BRICK
Heating
NONE
Buildings
1
Stories
7
Total area
105,000 SF
Lot
0.55 ac (24,125 SF)
Zoning code
C
APN
SBOS W:06 P:02757 S:030
UPID
US38-1676922
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Boston, MA
Zoning C · permitted uses
C · Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$64.5M
RESTAURANT
Est. value
$70.7M
AUTO REPAIR, GARAGE
Est. value
$61.8M
RETAIL STORES
Est. value
$56.4M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1919
Construction
BRICK
Heating
NONE
Stories
7
Buildings
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Nc Nrl Channel Ctr Jv LLC
Entity
Mailing address
20 CHANNEL CTR ST, BOSTON, MA 02210-3437
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2025
$52,000,000
Nc Nrl Channel Ctr Jv LLC
10-20 Channel Ctr Prop Ow
Deed
$35,450,000 · Beacon Bank & Trust
Jun 30, 2015
$100,000,000
10-20 Channel Center Prop
Bcsp 10-20 Channel Center
Quit Claim Deed
related
—
Sep 16, 2013
—
Bcsp 1020 Channel Center
—
Deed Of Trust
related
$45,884,000 · Capital One
Jun 28, 2013
$62,000,000
Bcsp 10&20 Chanell Ctr
Channel Ctr Hldg Vaf LLC
Quit Claim Deed
—
Mar 2, 2007
$21,500,000
Channel Center Hldgs
A Street Prop I LLC
Grant Deed
—
—
—
Channel Center Property
—
Deed Of Trust
related
$55,000,000 · Miscellaneous Ins Co
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 10 Channel Ctr St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
