Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    12 Banton St Boston, MA 02124
    Back to Search
    Property profile & analytics

    12 Banton St, Boston, MA 02124

    View on Map
    • Distribution centers
    • 2,560 SF
    • 0.04 lot acres
    Off-Market
    Property ID
    US38-2407601
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • A1 Fire Escapes and Iron Works / Building Inspector
    • C&C Lock and Iron Works / Metal Fabrication Plant / Factory

    Property Details for 12 Banton St

    Year built
    1945
    Lot size
    0.04 lot acres
    Property type
    Distribution centers
    Property subtype
    Manufacturing properties

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 7, 2021 — 12 Banton Street LLC Thomas Curran Quitclaim Deed · related —
    Oct 9, 2018 $570,000 Thomas Curran Mcgregor Mgmt Co Quitclaim Deed —

    Description

    This exceptional 2,560 square foot industrial property at 12 Banton Street in Boston, MA, presents a unique owner-user opportunity. Built in 1945 and renovated in 2018, this two-story building boasts a versatile layout ideal for contractors, manufacturers, or small distribution businesses. The main level features 1,560 square feet of garage space, perfect for equipment storage or workshop activities. Below, approximately 1,000 square feet of finished space offers adaptable office or storage areas. The property sits on a 0.04-acre lot and is zoned MFR/LS, ensuring flexibility for various uses. Its convenient location off Dorchester Avenue provides easy access to downtown Boston, and street parking is available. The asking price is $725,000, translating to $283.20 per square foot. This well-maintained building offers a blend of functional space and prime location, making it an attractive investment for the right buyer. The property consists of one building and offers an open floor plan in the shop space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.063965980455
    Latitude
    42.288623160604

    Comparable in this City

    • Contact for pricing
      4,056 SF

      Boston Commercial Property with Parking

      Commercial property featuring secure parking and drive-in bays.
      18 Talbot Ave, Boston, MA 02124
      View Details
    • Contact for pricing

      Dorchester Three-Unit Brick Building

      Three-unit brick building in Dorchester near transit and amenities.
      99 Capen St, Boston, MA 02124
      View Details
    • Contact for pricing

      Dorchester Commercial Space For Sale

      Garden-level commercial space in Dorchester's Peabody Square, near Ashmont T.
      567 Talbot Ave, Boston, MA 02124
      View Details
    • Contact for pricing

      Dorchester Multifamily Portfolio Opportunity

      Five multifamily buildings in Dorchester, MA, near transit and amenities.
      Dorchester Portfolio, Dorchester, MA 02124
      View Details
    • Contact for pricing

      Dorchester Development Site on Blue Hill

      Shovel-ready development site in Dorchester's Blue Hill Avenue corridor.
      5 Rhoades St, Boston, MA 02124
      View Details
    • Contact for pricing
      3,258 SF

      Dorchester Multi-Family Investment Opportunity

      Well-maintained 3-unit property near Morton St T station.
      46 Theodore St, Boston, MA 02124
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,056 SF

      Boston Commercial Property with Parking

      Commercial property featuring secure parking and drive-in bays.
      18 Talbot Ave, Boston, MA 02124
      View Details
    • Contact for pricing

      Dorchester Three-Unit Brick Building

      Three-unit brick building in Dorchester near transit and amenities.
      99 Capen St, Boston, MA 02124
      View Details
    • Contact for pricing

      Dorchester Commercial Space For Sale

      Garden-level commercial space in Dorchester's Peabody Square, near Ashmont T.
      567 Talbot Ave, Boston, MA 02124
      View Details
    • Contact for pricing

      Dorchester Multifamily Portfolio Opportunity

      Five multifamily buildings in Dorchester, MA, near transit and amenities.
      Dorchester Portfolio, Dorchester, MA 02124
      View Details
    • Contact for pricing

      Dorchester Development Site on Blue Hill

      Shovel-ready development site in Dorchester's Blue Hill Avenue corridor.
      5 Rhoades St, Boston, MA 02124
      View Details
    • Contact for pricing
      3,258 SF

      Dorchester Multi-Family Investment Opportunity

      Well-maintained 3-unit property near Morton St T station.
      46 Theodore St, Boston, MA 02124
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Versatile Mixed-Use Commercial Building

      Spacious commercial building suitable for various businesses, available for lease.
      879-881 Blue Hill Ave, Boston, MA 02124
      View Details
    • Contact for pricing

      Versatile Mixed-Use Commercial Building

      Spacious commercial building suitable for various businesses, available for lease.
      879-881 Blue Hill Ave, Boston, MA 02124
      View Details
    • Contact for pricing

      Dorchester Avenue Retail/Office Space

      700 SF retail/office space in Dorchester available for lease.
      1480 Dorchester Ave, Boston, MA 02124
      View Details
    • Contact for pricing

      Dorchester Avenue Retail/Office Space

      700 SF retail/office space in Dorchester available for lease.
      1480 Dorchester Ave, Boston, MA 02124
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    12 Banton St
    Boston, MA 02124
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    12 Banton St, Boston, MA, 02124
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!