Financial
Distress signals
Property profile

106 Squire Rd 1 Revere, MA 02151

FOR LEASE
Retail space
Property ID
US38-1816935
4,588 SF 0.32 ac lot Built 1955
Last sale Oct 1999
Individually Owned Owner of record is an individual. 26-yr Hold Held for 26 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This office/retail unit totals 4,620 square feet and is located on Squire Road/Route 60, with street-level access and storefront windows. The first-floor portion includes a bathroom, office area, storage, and retail space. The second floor contains approximately 3,520 square feet with storage, workstations, and a conveyor belt. Off-street parking is available at the rear, and additional street parking is available on Patriot Parkway.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$22k
Tax billed · 2024
Assessed value$1.20M
Assessed land$683k
Assessed improvement$519k
Effective rate1.81%

Value estimate

· Sep 2026
$865k
$779k – $952k
NOI build-up
Gross scheduled income$111k
Vacancy & credit loss−$8k
Operating expenses−$39k
NOI · 1,612.95% cap applied$65k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$381/SF
County average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$181 – $690
Qualifying comparables8

Cap rate analysis

How does the asset earn?
1,612.95%
$65k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GB
In the CB, NB, GB business districts, micro and macro telecommunications facilities shall be allowed by special permit authorized by the ...
General categoryCOMMERCIAL
JurisdictionREVERE

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 Facility12.3
Electrical Service11.5
Garden Center10.8

Location

106 Squire Rd, Unit 1 Revere, MA 02151
County assessor Recorded deeds · 6 transfers 8 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
425 Revere, Revere, MA 02151-4543 $1,450,000 May 2024 4,380 SF
191 Shirley, Revere, MA 02151-3258 $2,900,000 Nov 2023 6,404 SF
104 Shirley, Revere, MA 02151-3209 $1,250,000 Jan 2023 4,069 SF
533 Broadway, Revere, MA 02151-3036 $540,000 Feb 2022 5,499 SF
318 Squire, Revere, MA 02151-4317 $900,000 Dec 2021 4,064 SF
386 Squire, Revere, MA 02151-4318 $849,000 Nov 2020 4,292 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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