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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Specialty properties
1035 Cambridge St Ste 12 Cambridge, MA 02141-1154
Entity Owned
2-yr Hold
Property ID
US38-0613572
Property profile
Verified
Property type
Specialty properties
Use group
CHARITABLE ORGANIZATION
Year built
1930
Total area
2,960 SF
Lot
0.07 ac (2,960 SF)
Zoning code
IB
APN
CAMB M:00081 L:0010300012
UPID
US38-0613572
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
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Fairlane Columbia LLC · 2 yrs held
Fairlane Columbia LLC
since 2023
Last sale
$1.3M
4 recorded transactions
Zoning & alternative use
IB · Cambridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the IB district is to promote manufacturing, processing, assembly and packaging the food products, including bakery, confectionery and dairy products, bottling of beverages, automotive repair garage not including auto body or paint shop and also wholesale business and storage in roofed structure, but not including wholesale storage of flammabl…
Zone name
Industry B
General category
INDUSTRIAL
Zone area
42.92 ac
Source
Realmo
Top alternative use upside
Office building
$1.6M
+164.9%
Commercial (general)
$1.3M
+117.0%
Auto repair, garage
$835,000
+37.5%
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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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
$1,140,000
ML approach
$1,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,605,000
Change: +165% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,315,000
Change: +117% · Conversion: Difficult
AUTO REPAIR, GARAGE
$835,000
Change: +37% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$820,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$800,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±10% · vs last sale $1.28M (Nov 15 2023)
Last sale anchor
$1.28M
Nov 15 2023
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
$385 / 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
$1,219,500
Assessed 2024
Previous assessed
$1,219,500
+0.0% YoY
Assessed improvement
$1,219,500
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
Specialty properties
Use group
CHARITABLE ORGANIZATION
Status
Off-Market
Year built
1930
Heating
HOT WATER
Buildings
1
Stories
2
Rooms
1
Bathrooms
1
Total area
2,960 SF
Lot
0.07 ac (2,960 SF)
Zoning code
IB
APN
CAMB M:00081 L:0010300012
UPID
US38-0613572
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IB · Cambridge, MAZoning IB · permitted uses
IB · Cambridge, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the IB district is to promote manufacturing, processing, assembly and packaging the food products, including bakery, confectionery and dairy products, bottling of beverages, automotive repair garage not including auto body or paint shop and also wholesale business and storage in roofed structure, but not including wholesale storage of flammable liquids, gas or explosives
Zone name
Industry B
General category
INDUSTRIAL
Zone area
42.92 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$835,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$820,000
RETAIL STORES
Est. value
$800,000
OFFICE BUILDING
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
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
1930
Heating
HOT WATER
Stories
2
Buildings
1
Rooms
1
Bathrooms
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Fairlane Columbia LLC
Entity
Mailing address
1035 CAMBRIDGE ST STE #12, CAMBRIDGE, MA 02141-1154
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2023
$1,275,000
Fairlane Columbia LLC
Just-a-start Corp
Condominium Deed
$1,350,000 · Rockland Trust Co
Feb 8, 2002
—
Just A Start Corp
—
Deed Of Trust
related
$200,000 · Cambridge Savings Bank
Mar 30, 2000
$525,673
Lr2a-jv LP
Camb Ent Collaborative
Grant Deed
—
Dec 14, 1988
—
Louis Silva
—
Deed Of Trust
related
$2,200 · Just A Start Corp
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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