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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Commercial real estate
114 Broadway, Saugus, MA 01906-1039
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0475088
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1995
Construction
STEEL FRAME
Total area
21,823 SF
Lot
2.82 ac (122,835 SF)
Zoning code
NA
APN
SAUG M:016-E B:0003 L:0001
UPID
US38-0475088
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
-
Jimmy's Steer House Restaurant
-
Casa Vallarta Mexican Restaurant Take-out & Catering Catering Service
-
T-Mobile Telecommunications Service Data Center
-
IHOP Restaurant
-
Rockland Trust Bank: ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
Broadway RT · 4 yrs held
Broadway RT
since 2022
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
NA · Saugus, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$840,000
ML approach
$1,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±10% · vs last sale $750k (May 9 2022)
Last sale anchor
$750k
May 9 2022
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
$53 / 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 2020Property tax & assessments
Tax year 2020
Tax billed
$101,454
Tax year 2020
Assessed value
$4,374,800
Assessed 2024
Previous assessed
$4,374,800
+0.0% YoY
Effective rate
2.32%
On assessed value
Assessed land
$1,478,400
Assessed improvement
$2,896,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Units
4
Bathrooms
2
Total area
21,823 SF
Lot
2.82 ac (122,835 SF)
Zoning code
NA
APN
SAUG M:016-E B:0003 L:0001
UPID
US38-0475088
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.
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
4
Bathrooms
2
Lot
2.82 ac
Current owner
From public records · entity-resolved
Broadway RT
Individual
Mailing address
1 MAIN ST, CONCORD, MA 01742-2514
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 25, 2022
—
Broadway RT
—
Deed
related
$10,000,000 · Cambridge Trust Co
May 9, 2022
—
Broadway RT
Luongo RT
Quit Claim Deed
related
—
Aug 25, 2017
—
Broadway RT
—
Deed
related
$1,000,000 · Peoples United Bank
Nov 8, 2007
—
1134 Broadway RT
—
Deed Of Trust
related
$293,000 · Saugus Cp Bank
Feb 16, 2007
—
RT Broadway
—
Deed Of Trust
related
$7,200,000 · Danvers Savings Bank
Feb 20, 2002
—
RT Broadway
—
Deed Of Trust
related
$5,610,000 · Warren Five Cts Savings
Sep 28, 2000
$750,000
RT Broadway
Luongo RT
Grant Deed
—
Jul 20, 1995
—
RT Luongo
—
Deed Of Trust
related
$950,000 · Gary Needham
Jul 15, 1994
—
RT Luongo
—
Deed Of Trust
related
$60,000 · Gary Needham
Jun 22, 1994
—
RT Luongo
—
Deed Of Trust
related
$1,800,000 · Gary Needham
Nov 15, 1990
—
RT Luongo
—
Deed Of Trust
related
$75,000 · Saugus Cp Bank
Oct 24, 1989
—
RT Luongo
—
Deed Of Trust
related
$370,000 · Saugus Cp Bank
Mar 31, 1989
—
RT Luongo
—
Deed Of Trust
related
$600,000 · Saugus Cp Bank
Aug 2, 1988
—
Braodway Rlty Tr
—
Deed Of Trust
related
$1,170,000 · Bankboston Development Co LLC
Apr 10, 1987
—
RT Luongo
—
Deed Of Trust
related
$200,000 · Saugus Cp Bank
Jan 14, 1987
—
RT Luongo
—
Deed Of Trust
related
$300,000 · Saugus Cp Bank
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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