Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    123 Shirley Ave Revere, MA 02151-3352

    • Investment properties
    • 30,339 SF
    • 0.24 lot acres
    OFF-MARKET
    Value Estimation
    $885,000
    Location Intelligence
    Property ID
    US38-1380825
    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.

    Current Use by Public Records

    • Investment properties

    Property Details for 123 Shirley Ave

    Year built
    2018
    Construction
    FRAME
    Lot size
    0.24 lot acres
    Property size
    30,339 SF
    Zone code
    GB
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    REVE M:8 B:135 L:3
    APU
    REVEM8B135L3

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $985,000

    • CAP approach

      CAP return
      Estimation
      6%
      $950,000
      6.5%
      $820,000
      7%
      $960,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $940,000
      Geo Method
      $820,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,015,000
      Retail
      $785,000
      Mixed-Use
      $1,015,000
      Hospitality
      $860,000
      Educational
      $850,000
      Residential Income
      $775,000
      Energy
      $905,000
      Income-Based Land
      $980,000
      Food Service
      $820,000

    Location Insight

    • Map
    • Local Demand
    City
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -70.9962
    Latitude
    42.4077
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $11,626
    $1,920,000
    $5,686,700
    $7,606,700
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,080 SF

      621 Lynn St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,080 SF
      621 Lynn St, Revere, MA 02151-2016
      View Details
    • Value Estimation by Request
      2,315 SF

      348 Revere St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,315 SF
      348 Revere St, Revere, MA 02151-4529
      View Details
    • Value Estimation by Request
      3,015 SF

      256 American Legion Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 3,015 SF
      256 American Legion Hwy, Revere, MA 02151-2401
      View Details
    • Value Estimation by Request
      3,832 SF

      167 Shirley Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,832 SF
      167 Shirley Ave, Revere, MA 02151-3256
      View Details
    • Value Estimation by Request
      12,053 SF

      177 Shirley Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 12,053 SF
      177 Shirley Ave, Revere, MA 02151-2794
      View Details
    • Value Estimation
      $770,000
      2,339 SF

      744 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,339 SF
      744 Broadway, Revere, MA 02151-4449
      View Details

    Similar Nearby for Sale

    • $689,900

      Revere Commercial Space and Opportunity

      Commercial space in Revere, close to the beach and Boston.
      619 Broadway, Revere, MA 02151
      View Details
    • $160,000

      Thriving Revere Business Opportunity

      High-reward business, loyal clientele. Huge growth potential.
      311 Broadway, Revere, MA 02151
      View Details
    • $699,990

      Revere Multifamily Investment Opportunity

      Classic multifamily property in Revere with significant upside potential.
      12 Clark Rd, Revere, MA 02151
      View Details
    • $1,890,000

      Six-Unit Apartment Building Near Beach

      Fully occupied six-unit apartment building near Revere Beach.
      83 Shirley Ave, Revere, MA 02151
      View Details
    • $884,900

      Spacious Two-Family Near Revere Beach

      Two-family property with updates, near Revere Beach and public transit.
      95 Bates St, Revere, MA 02151
      View Details
    • $849,000

      Revere Multi-Family Home

      Move-in ready multi-family home with outdoor dining area.
      37 Franklin Ave, Revere, MA 02151
      View Details

    Similar Nearby for Lease

    • $130 SF/Yr

      Revere Parking Space For Rent

      Parking spaces available near Revere Beach Station for compact cars.
      32 Centennial Ave, Revere, MA 02151
      View Details
    • Contact for pricing
      3,776 SF

      Retail Space Near Suffolk Downs

      3,776 SF retail space near future Suffolk Downs redevelopment.
      36-40 Furlong Dr, Revere, MA 02151
      View Details
    • $4,000 /Mo

      Street-Level Office/Retail Space Available

      Open office/retail space in Revere's Business District, available 2025.
      8 Pleasant St, Revere, MA 02151
      View Details
    • Contact for pricing
      366,425 SF

      Revere Warehouse Space Available

      366,425 SF warehouse space for lease in Revere.
      101 Lee Burbank Hwy, Revere, MA 02151
      View Details
    • Contact for pricing
      1,603 SF

      Retail Space Near Suffolk Downs

      Retail space available near Suffolk Downs redevelopment project.
      31 Furlong Dr, Revere, MA 02151
      View Details
    • Contact for pricing
      450,000 SF

      Revere Retail Space: Suffolk Downs

      Prime Revere retail space available.
      40 Furlong Dr, Revere, MA 02151
      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.
    123 Shirley Ave
    Revere, MA 02151-3352
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.