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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Banks
1093 Broadway Saugus, MA 01906-3210
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-1238967
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
2008
Total area
4,633 SF
Lot
1.34 ac (58,370 SF)
Zoning code
NA
APN
SAUG M:009-D B:0001 L:0001
UPID
US38-1238967
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
-
Bank of America (with Drive-thru ATM) Bank Loan Service
-
Bank of America ATM (Drive-thru) Financial Planner Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$851k
Blend (final)
Blend
$710k
Owner & transaction history
Saugus Pooh LLC · 11 yrs held
Saugus Pooh LLC
since 2015
7 recorded transactions
Zoning & alternative use
NA · Saugus, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$930,000
+65.3%
Retail stores
$675,000
+19.7%
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 Saugus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saugus 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
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
FINANCIAL BUILDING
$565,000
Current use
OFFICE BUILDING
$930,000
Change: +65% · Conversion: Difficult
RETAIL STORES
$675,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$495,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$710k
Range $639k – $781k · ±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
$153 / 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
$52,426
Tax year 2024
Assessed value
$2,377,600
Assessed 2024
Previous assessed
$2,377,600
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$1,129,500
Assessed improvement
$1,248,100
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
2008
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
4,633 SF
Lot
1.34 ac (58,370 SF)
Zoning code
NA
APN
SAUG M:009-D B:0001 L:0001
UPID
US38-1238967
Jurisdiction
SAUGUS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
NA · Saugus, MA
Zoning NA · permitted uses
NA · Saugus, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saugus. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
FINANCIAL BUILDING Current
Est. value
$565,000
OFFICE BUILDING
Est. value
$930,000
RETAIL STORES
Est. value
$675,000
AUTO REPAIR, GARAGE
Est. value
$495,000
FINANCIAL BUILDING Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
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
2008
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
1.34 ac
Current owner
From public records · entity-resolved
Saugus Pooh LLC
Entity
Mailing address
PO BOX 32547, CHARLOTTE, NC 28232-2547
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
—
Rkaco LLC
—
Deed
related
$511,875 · Salem Five Cents Savings Bank
Apr 3, 2015
$4,930,000
Saugus Pooh LLC
Carter Broadway LLC
Quit Claim Deed
—
Sep 14, 2007
—
Carter-broadway LLC
—
Deed Of Trust
related
$3,000,000 · Bank Of America
Mar 12, 2007
$600,000
Carter Broadway LLC
American Saugus LLC
Grant Deed
—
Jan 31, 2005
$220,851
American Saugus LLC
American Prop Invest INC
Grant Deed
—
Dec 6, 1994
$25,000
American Re Hldngs LP
Lowe,sheldon
Grant Deed
—
Jul 9, 1991
—
Elxsi
—
Deed Of Trust
related
$13,500 · Continental Bank NA
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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