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Property profile & analytics
OFF-MARKET
Estimated value
$1,625,000
Retail space
1268 Broadway Saugus, MA 01906-4709
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-0766970
Property summary
AI-generated overview
This exceptional 3,500-square-foot industrial warehouse/flex space is ideally situated at 1268 Broadway in Saugus, Massachusetts, zip code 01906. The single-tenant property offers convenient access to Route 1 and major highways leading to and from Boston, making it an excellent location for businesses requiring easy transportation links. The warehouse boasts a 10-foot ceiling height and a 9-foot-high garage bay door, providing ample space for storage and vehicle access. Ample parking is available on-site. This property is perfect for contractors, plumbers, electricians, and other trades needing secure storage for equipment. While suitable for storage, prospective tenants intending to use the space as a contractor's bay should note that a bathroom installation will be required to meet local business regulations. This well-located property presents a unique opportunity for businesses seeking a readily accessible and efficient storage solution in a prime Saugus location. The property is classified as industrial with a warehouse/flex subtype.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Total area
7,960 SF
Lot
0.76 ac (33,071 SF)
Zoning code
NA
APN
SAUG M:006-D B:0003 L:0002
UPID
US38-0766970
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
-
The UPS Store Courier Service Postal Service
-
Pride Fence Construction Company General Contractor
-
Famiglia Fornaciari Wood Fired Pizza Restaurant
-
Jesus Center of Good News Church
-
Shred Nations Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.68M
CAP Approach
CAP
$2.01M
Comparable Approach
Comparable
$1.48M
Blend (final)
Blend
$1.63M
Owner & transaction history
1268 Broadway LLC · 1 yrs held
1268 Broadway LLC
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
NA · Saugus, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$2.5M
+43.8%
Office building
$2.0M
+15.6%
Auto repair, garage
$1.9M
+7.7%
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
$1,560,000
ML approach
$1,680,000
CAP Approach
CAP Return
Estimation
6%
$2,180,000
6.5%
$2,010,000
7%
$1,870,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,770,000
Current use
APARTMENT HOUSE (5+ UNITS)
$2,545,000
Change: +44% · Conversion: Difficult
OFFICE BUILDING
$2,045,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$1,905,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,450,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.63M
Range $1.46M – $1.79M · ±10% · vs last sale $1.70M (Jan 3 2025)
Last sale anchor
$1.70M
Jan 3 2025
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
$204 / 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
$33,157
Tax year 2024
Assessed value
$1,503,700
Assessed 2024
Previous assessed
$1,503,700
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$623,500
Assessed improvement
$880,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Heating
CENTRAL
Buildings
1
Stories
1
Units
2
Bathrooms
8
Total area
7,960 SF
Lot
0.76 ac (33,071 SF)
Zoning code
NA
APN
SAUG M:006-D B:0003 L:0002
UPID
US38-0766970
Jurisdiction
SAUGUS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
NA · Saugus, MAZoning NA · permitted uses
NA · Saugus, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.5M
OFFICE BUILDING
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$1.9M
COMMERCIAL (GENERAL)
Est. value
$1.5M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1970
Heating
CENTRAL
Stories
1
Buildings
1
Units
2
Bathrooms
8
Lot
0.76 ac
Current owner
From public records · entity-resolved
1268 Broadway LLC
Entity
Mailing address
8 INDIAN ROCK DR, SAUGUS, MA 01906-1921
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 3, 2025
$1,700,000
1268 Broadway LLC
Bjk Realty LLC
Deed
$1,500,000 · Bjk Realty LLC
Jul 2, 2019
$1,700,000
Bjk Realty LLC
Y&katherine Enterprises
Quit Claim Arm's Length For Ne States
$1,275,000 · Eastern Bank
Jan 15, 2013
—
Y&katherine Ent LLC
—
Deed Of Trust
related
$693,750 · East Boston Savings Bank
Mar 10, 2004
—
Finks,malcolm D Tr
—
Deed Of Trust
related
$433,000 · M Perpall Enterp INC
Oct 31, 1989
$377,000
Electonics World RT
Croft,susan
Grant Deed
—
Jun 5, 1989
—
Electronics World RT
—
Deed Of Trust
related
$400,000 · Zuckerman Family Nomi
Aug 4, 1988
—
Electronics World RT
—
Deed Of Trust
related
$690,000 · Neworld Bank Svgs
—
—
Y & Katherine Ents
—
Deed Of Trust
related
$1,426,500 · East Boston Svgs Bk
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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