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Property profile & analytics
FOR LEASE
Warehouses
1130 Eastern Ave, Malden, MA 02148
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0847506
For Lease
1 / 5
$6,000/Mo
1130 Eastern Ave, Malden, MA 02148
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1920
Construction
STEEL FRAME
Total area
12,641 SF
Lot
0.44 ac (19,105 SF)
Zoning code
I1
APN
MALD M:131 B:500 L:005
UPID
US38-0847506
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
-
Organic Waste Management, LLC Waste Management Facility Hazardous Waste Disposal
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
$2.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.44M
Owner & transaction history
1130 Eastern Ave LLC · 3 yrs held
1130 Eastern Ave LLC
since 2023
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
I1 · Malden, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+99.6%
Auto repair, garage
$3.6M
+93.5%
Neighborhood: shopping center
$3.5M
+90.5%
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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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
$2,145,000
ML approach
$2,160,000
CAP Approach
CAP Return
Estimation
6%
$2,720,000
6.5%
$2,510,000
7%
$2,330,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,840,000
Current use
RESTAURANT
$3,670,000
Change: +100% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,560,000
Change: +94% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,500,000
Change: +90% · Conversion: Moderate
RETAIL STORES
$3,410,000
Change: +85% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$2,915,000
Change: +58% · Conversion: Difficult
COMMERCIAL (GENERAL)
$2,770,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$2,765,000
Change: +50% · Conversion: Difficult
Blend value · Realmo final
$2.44M
Range $2.19M – $2.68M · ±10% · vs last sale $2.40M (Apr 4 2023)
Last sale anchor
$2.40M
Apr 4 2023
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
$193 / 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
$22,526
Tax year 2024
Assessed value
$1,237,700
Assessed 2024
Previous assessed
$1,237,700
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$707,700
Assessed improvement
$530,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1920
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
1
Units
1
Bathrooms
3
Total area
12,641 SF
Lot
0.44 ac (19,105 SF)
Zoning code
I1
APN
MALD M:131 B:500 L:005
UPID
US38-0847506
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Malden, MA
Zoning I1 · permitted uses
I1 · Malden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malden. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.8M
RESTAURANT
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.5M
RETAIL STORES
Est. value
$3.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.9M
COMMERCIAL (GENERAL)
Est. value
$2.8M
OFFICE BUILDING
Est. value
$2.8M
WAREHOUSE, STORAGE Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1920
Construction
STEEL FRAME
Heating
SPACE
Stories
1
Buildings
1
Units
1
Bathrooms
3
Lot
0.44 ac
Current owner
From public records · entity-resolved
1130 Eastern Ave LLC
Entity
Mailing address
1130 EASTERN AVE, MALDEN, MA 02148-6110
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
$2,400,000
1130 Eastern Ave LLC
Organic Waste Mgmt LLC
Quit Claim Arm's Length For Ne States
$2,855,000 · Everett Cooperative Bank
Mar 16, 2018
—
Organic Waste Manageme
—
Deed
related
$25,000 · Enterprise Bank & Trust Co
Aug 6, 2015
—
Organic Waste Manageme
Robert Heffernan
Quit Claim Deed
related
$465,000 · Enterprise Bank & Trust Co
Aug 8, 2014
—
Will Last
—
Grant Deed
related
$100,000 · Enterprise Bank & Trust
Dec 2, 2008
—
2nd Of Last Will&testamen
—
Deed Of Trust
related
$150,000 · James R Motzkin
Jul 24, 1989
—
Frank P Meninno T
—
Deed Of Trust
related
$50,000 · Zuckerman Family Nomi
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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