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Property profile & analytics
OFF-MARKET Estimated value $565,000
Retail space

1120 Shr Rd Revere, MA 02151-2514

2,624 SF 0.33 ac lot Built 1987
Entity Owned 24-yr Hold Free & Clear
Property ID
US38-0997439
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1987
Construction STEEL FRAME
Total area 2,624 SF
Lot 0.33 ac (14,244 SF)
Zoning code RC2
APN REVE M:10 B:170 L:16A
UPID US38-0997439
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
$345k
CAP Approach CAP
$790k
Comparable Approach Comparable
by Request
Blend (final) Blend
$565k
Owner & transaction history
7-eleven INC · 24 yrs held
7-eleven INC
since 2001
1 recorded transaction
2001
$850,000
Zoning & alternative use
RC2 · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In RC, RC1, RC2 and RC3 zoning districts micro and macro telecommunications facilities shall be allowed by special permit authorized by the Revere city council following design review approval. 4. In RA, RA1, RB, and RB1 zoning districts, micro telecommunications facilities shall be allowed by special permit authorized by the Revere city council on nonreside…

Zone name Residence C2
General category RESIDENTIAL
Zone area 59.52 ac
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