Property summary
Exceptional opportunity to acquire a 7,510 square foot residential land parcel in Boston's vibrant Maverick Square, zoned EBR-4. This fee simple property, located at 114 Orleans Street (APN 0103908000), presents a unique chance to develop a 23-unit condominium project. Plans are approved for a 27,997 square foot building with 18,860 square feet of net sellable area, incorporating both market-rate and affordable housing units. The property's East Boston location offers residents unparalleled access to the MBTA Blue Line, providing easy commutes to downtown Boston. The area boasts a blend of urban convenience and waterfront tranquility, with nearby parks, recreational spaces, and various amenities. This prime location, coupled with the approved plans, makes this a highly lucrative investment opportunity in a rapidly growing neighborhood. Note that buyers are responsible for obtaining necessary permits. A formal marketing process and call for offers will be conducted.
Property profile
VerifiedCap rate & NOI
Current use
-
Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C · East Boston, MAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning