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Property profile & analytics
OFF-MARKET
Estimated value
$24,645,000
Office buildings
112 Canal St 118, Boston, MA 02114-1805
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1638263
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1907
Construction
BRICK
Total area
56,840 SF
Lot
0.19 ac (8,120 SF)
Zoning code
C
APN
CBOS W:03 P:01609 S:000
UPID
US38-1638263
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
$29.90M
Comparable Approach
Comparable
$32.20M
Blend (final)
Blend
$24.65M
Owner & transaction history
110 Canal Owner LLC · 4 yrs held
110 Canal Owner LLC
since 2021
Last sale
$24.0M
7 recorded transactions
Zoning & alternative use
C · Boston, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$38.2M
+9.5%
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 Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boston 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
$23,455,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$32,390,000
6.5%
$29,900,000
7%
$27,765,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$34,930,000
Current use
RESTAURANT
$38,245,000
Change: +9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$33,445,000
Change: -4% · Conversion: Difficult
RETAIL STORES
$30,545,000
Change: -13% · Conversion: Moderate
Blend value · Realmo final
$24.65M
Range $22.18M – $27.11M · ±10% · vs last sale $24.00M (Aug 6 2021)
Last sale anchor
$24.00M
Aug 6 2021
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
$434 / 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
$441,687
Tax year 2024
Assessed value
$17,478,700
Assessed 2024
Previous assessed
$18,229,900
-4.1% YoY
Effective rate
2.53%
On assessed value
Assessed land
$4,692,200
Assessed improvement
$12,786,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1907
Construction
BRICK
Heating
NONE
Buildings
1
Stories
7
Units
4
Total area
56,840 SF
Lot
0.19 ac (8,120 SF)
Zoning code
C
APN
CBOS W:03 P:01609 S:000
UPID
US38-1638263
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Boston, MA
Zoning C · permitted uses
C · Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$34.9M
RESTAURANT
Est. value
$38.2M
AUTO REPAIR, GARAGE
Est. value
$33.4M
RETAIL STORES
Est. value
$30.5M
OFFICE BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1907
Construction
BRICK
Heating
NONE
Stories
7
Buildings
1
Units
4
Lot
0.19 ac
Current owner
From public records · entity-resolved
110 Canal Owner LLC
Entity
Mailing address
PO BOX 1495, HICKSVILLE, NY 11802-1495
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2026
—
110 Canal Hcd Propco LLC
—
Deed
related
$9,700,000
Dec 29, 2023
—
110 Canal Street LLC
—
Deed
related
$14,500,000 · Cambridge Savings Bank
Aug 6, 2021
$24,000,000
110 Canal Owner LLC
Tjs 1 RT
Quit Claim Arm's Length For Ne States
$20,700,000 · Cambridge Savings Bank
Jun 28, 2019
—
Tjs 1 RT
—
Deed
related
$3,300,000 · Middlesex Savings Bank
Oct 6, 2010
—
Tjs One RT
—
Deed Of Trust
related
$650,000 · Rockland Trust Co
Oct 24, 2001
—
Tjs 1 RT
—
Deed Of Trust
related
$1,500,000 · Wainwright Bank & Trust Co
May 2, 2000
—
Tjs One RT
—
Deed Of Trust
related
$8,450,000 · Wainwright Bank & Trust Co
Mar 31, 1999
—
Tjs 1 RT
—
Deed Of Trust
related
$2,500,000 · Wainwright Bank & Trust Co
May 18, 1995
$1,500,000
Tjs One RT
Efi RT
Grant Deed
$825,000 · Bankboston Development Co LLC
May 18, 1995
—
Tjs One RT
—
Deed Of Trust
related
$400,000 · Zenon Grzybowski
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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