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Property profile & analytics
OFF-MARKET
Estimated value
$12,490,000
Investment properties
102 Broadway Lynnfield, MA 01940-2312
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US38-1660625
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1979
Construction
STEEL FRAME
Total area
109,935 SF
Lot
7.48 ac (325,663 SF)
Zoning code
LI
APN
LYNF M:0055 B:0000 L:2616
UPID
US38-1660625
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$12.52M
Blend (final)
Blend
$12.49M
Owner & transaction history
Ss Mnmi LLC · 19 yrs held
Ss Mnmi LLC
since 2007
6 recorded transactions
Zoning & alternative use
LI · Lynnfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Lynnfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnfield 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$18,000,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$12.49M
Range $11.24M – $13.74M · ±10%
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
$114 / 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
Assessed value
$8,935,500
Assessed 2024
Previous assessed
$9,921,300
-9.9% YoY
Assessed land
$5,756,100
Assessed improvement
$3,179,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
9
Stories
1
Units
11
Rooms
5
Bathrooms
4
Total area
109,935 SF
Lot
7.48 ac (325,663 SF)
Zoning code
LI
APN
LYNF M:0055 B:0000 L:2616
UPID
US38-1660625
Jurisdiction
LYNNFIELD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
LI · Lynnfield, MA
Zoning LI · permitted uses
LI · Lynnfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynnfield. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$18.0M
INDUSTRIAL (GENERAL)
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
1979
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
9
Units
11
Rooms
5
Bathrooms
4
Lot
7.48 ac
Current owner
From public records · entity-resolved
Ss Mnmi LLC
Entity
Mailing address
8400 E PRENTICE AVE STE #900, GREENWOOD VILLAGE, CO 80111-2921
Ownership since
2007
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
Sep 14, 2018
—
Ss Mnmi LLC
—
Deed
related
$643,000,000 · Miscellaneous Ins Co
Sep 12, 2016
—
Ss Mnmi LLC
—
Deed
related
$540,000,000 · Citigroup Global Mkts
Jan 17, 2007
$1
Ss Mnmi LLC
Nolan INC
Grant Deed
—
Dec 20, 1996
—
Nolan INC
—
Deed Of Trust
related
$2,700,000 · Fleet National Bank
Jul 23, 1987
—
Nolan INC
—
Deed Of Trust
related
$2,750,000 · Sun Life Assurance Co
—
—
Ss Mnmi LLC
—
Deed Of Trust
related
$643,000,000 · 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.
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