Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11 Nevins St Brighton, MA 02135-3514

    • Medical Office Space
    • 50,676 SF
    • 0.30 lot acres
    OFF-MARKET
    Value Estimations
    $2,640,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US38-2125720
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • New England Eye Center - Brighton / Eye Care Center / Ophthalmologist
    • Michael Tantillo, MD / Physician / Medical Clinic
    • Donald J Morris, MD / Physician / Medical Clinic
    • Jeena Sandeep, MD / Physician
    • Dr. Maria A. Pro-Risquez, MD / Physician

    Property Details for 11 Nevins St

    Year built
    1988
    Construction
    BRICK
    Lot size
    0.30 lot acres
    Property size
    50,676 SF
    Zone code
    C
    Property type
    Medical Office Space
    Property subtype
    Medical centers
    APN
    BRIG W:21 P:01835 S:200
    APU
    BRIGW21P01835S200

    Value Estimations

    based on Realmo’s proprietary methodology

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,345,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $4,065,000
      Change: +22% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $4,060,000
      Change: +21% Conversion: Easy
      APARTMENT HOUSE (5+ UNITS)
      $4,050,000
      Change: +21% Conversion: Moderate
      RETAIL STORES
      $3,620,000
      Change: +8% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Brighton
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.1475
    Latitude
    42.3489
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $343,258
    $4,376,100
    $9,207,500
    $13,583,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.09 Acres

      Dustin St

      MEDICAL BUILDING • 0.09 Acres
      Dustin St, Brighton, MA 02135
      View Details
    • Value Estimation
      $715,000
      7,696 SF

      1465 Commonwealth Ave

      MEDICAL BUILDING • 7,696 SF
      1465 Commonwealth Ave, Brighton, MA 02135-3632
      View Details
    • Value Estimation
      $1,840,000
      30,801 SF

      272 Washington St, Unit 280

      MEDICAL BUILDING • 30,801 SF
      272 Washington St, Brighton, MA 02135-3512
      View Details
    • Value Estimation by Request
      0.09 Acres

      Dustin St

      MEDICAL BUILDING • 0.09 Acres
      Dustin St, Brighton, MA 02135
      View Details
    • Value Estimation
      $3,165,000
      9,920 SF

      697 Cambridge St

      MEDICAL BUILDING • 9,920 SF
      697 Cambridge St, Brighton, MA 02135-2897
      View Details
    • Value Estimation
      $1,220,000
      24,000 SF

      1480 Soldiers Fld Rd

      MEDICAL BUILDING • 24,000 SF
      1480 Soldiers Fld Rd, Brighton, MA 02135
      View Details

    Similar Nearby for Sale

    • $4,750,000

      Stabilized Commercial Building in Brighton

      Fully stabilized retail/office building with strong tenants and high visibility.
      270-272 Parsons St, Boston, MA 02135
      View Details
    • Contact for pricing
      7,422 SF

      Allston/Brighton Stand-Alone Office Building

      7422 SF office building in Allston/Brighton for sale.
      46-48 Leo M Birmingham Pkwy, Boston, MA 02135
      View Details
    • Contact for pricing
      5,557 SF

      Commercial Condo in Leather District

      Stunning commercial condo in Boston's Leather District with flexible layout.
      210-216 Lincoln St, Boston, MA 02135
      View Details
    • $1,325,000
      3,399 SF

      Two-Family Investment Property in Boston

      Rare two-family property with updated features and convenient location.
      87 Etna St, Boston, MA 02135
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,891 SF

      Office/Retail Space in Boston

      Office and retail space available in Q4 2021.
      131 Arlington St, Boston, MA 02135
      View Details
    • Contact for pricing
      500 SF

      Customizable Office Space Available

      Flexible office space with ample parking and convenient transportation access.
      697 Cambridge St, Brighton, MA 02135
      View Details
    • $34 SF/Yr
      2,500 SF

      Roxbury Office Suites for Rent

      Two office suites available on the 3rd floor.
      8 Warren St, Roxbury, MA 02135
      View Details
    • Contact for pricing
      1,000 SF

      Cleveland Circle Office/Medical Spaces

      Office and medical spaces available in Cleveland Circle.
      2001 Beacon St, Brighton, MA 02135
      View Details
    • Contact for pricing
      16,229 SF

      Brighton Office/Flex/Lab Space Available

      16,229 SF office/flex/lab space in Brighton, MA for rent.
      1230 Soldiers Field Rd, Brighton, MA 02135
      View Details
    • Contact for pricing
      5,697 SF

      Office Space Near North Station

      Office spaces for lease with convenient access to public transportation.
      100 N Washington St, Boston, MA 02135
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11 Nevins St
    Brighton, MA 02135-3514
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!