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Property profile & analytics
OFF-MARKET
Estimated value
$33,385,000
Warehouses
127 Smith Pl, Cambridge, MA 02138-1058
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0323898
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1960
Construction
BRICK
Total area
84,308 SF
Lot
3.39 ac (147,798 SF)
Zoning code
IB-2
APN
CAMB M:267.3 L:00228
UPID
US38-0323898
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
-
Olympia Fencing Center Sports School
-
Gloria's Trucking Company Trucking Company
-
Gold Star Trucking Inc Moving Company
-
Calcine Car Towing's & Co Auto Parts Store
-
Smart Penny Moving Moving Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$25.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$33.39M
Owner & transaction history
Ls Alewife 3 LLC · 4 yrs held
Ls Alewife 3 LLC
since 2021
Last sale
$34.0M
7 recorded transactions
Zoning & alternative use
IB-2 · Cambridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$42.9M
+249.7%
Commercial (general)
$37.5M
+205.4%
Restaurant
$24.5M
+99.6%
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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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
$32,160,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$27,460,000
6.5%
$25,350,000
7%
$23,540,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$42,885,000
Change: +250% · Conversion: Difficult
COMMERCIAL (GENERAL)
$37,455,000
Change: +205% · Conversion: Difficult
RESTAURANT
$24,475,000
Change: +100% · Conversion: Difficult
AUTO REPAIR, GARAGE
$23,730,000
Change: +94% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$23,360,000
Change: +90% · Conversion: Moderate
RETAIL STORES
$22,730,000
Change: +85% · Conversion: Moderate
Blend value · Realmo final
$33.39M
Range $30.05M – $36.72M · ±10% · vs last sale $34.00M (Oct 27 2021)
Last sale anchor
$34.00M
Oct 27 2021
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
$396 / 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
$161,400
Tax year 2024
Assessed value
$15,430,200
Assessed 2024
Previous assessed
$15,430,200
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$15,430,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1960
Construction
BRICK
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
5
Total area
84,308 SF
Lot
3.39 ac (147,798 SF)
Zoning code
IB-2
APN
CAMB M:267.3 L:00228
UPID
US38-0323898
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IB-2 · Cambridge, MA
Zoning IB-2 · permitted uses
IB-2 · Cambridge, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cambridge. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$42.9M
COMMERCIAL (GENERAL)
Est. value
$37.5M
RESTAURANT
Est. value
$24.5M
AUTO REPAIR, GARAGE
Est. value
$23.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$23.4M
RETAIL STORES
Est. value
$22.7M
OFFICE BUILDING
COMMERCIAL (GENERAL)
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
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
1960
Construction
BRICK
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
5
Lot
3.39 ac
Current owner
From public records · entity-resolved
Ls Alewife 3 LLC
Entity
Mailing address
1920 MAIN ST STE #1200, IRVINE, CA 92614-7230
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 27, 2021
$34,000,000
Ls Alewife 3 LLC
Ccf Asvrf 127 Smith LLC
Quit Claim Arm's Length For Ne States
—
Aug 1, 2018
$20,500,000
Ccf Asvrf 127 Smith LLC
Nashoba
Quit Claim Deed
—
Feb 22, 2017
—
Nashoba RT
—
Deed
related
$750,000 · Boston Private Bank & Trust
Sep 22, 2009
—
Nashoba RT
—
Deed Of Trust
related
$400,000 · Travis F True
Apr 28, 2008
—
Nashoba RT
—
Deed Of Trust
related
$26,000,000 · Boston Private Bank
Mar 17, 2006
—
Nashoba RT
—
Grant Deed
related
$800,000 · Boston Private Bank
Mar 24, 2005
—
Nashoba RT
—
Deed Of Trust
related
$500,000 · First Trade Union Savings Bank
Apr 20, 2004
—
Nashoba RT
—
Deed Of Trust
related
$1,075,000 · Bank Of Canton
Dec 12, 2002
$587,000
Nashoba RT
Tina South RT
Grant Deed
—
Dec 13, 1996
$800,000
Tina West RT
Lotto INC
Grant Deed
$640,000 · Lexington Savings Bank
Jun 11, 1993
$1,200,000
Lotto INC
Fresh Pond Park RT
Grant Deed
$1,200,000 · Lexington Savings Bank
Jul 20, 1988
—
Fresh Pond Park RT
—
Deed Of Trust
related
$3,200,000 · Lexington Savings Bank
Sep 1, 1987
$2,825,000
Fresh Pond Park RT
Silver Lake RT
Grant Deed
—
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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