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Property profile & analytics
OFF-MARKET
Estimated value
$620,000
Truck terminals
128 Eastern Ave Chelsea, MA 02150-3371
Entity Owned
14-yr Hold
Free & Clear
Property ID
US38-0473419
Property profile
Verified
Property type
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
21,760 SF
Lot
1.01 ac (43,778 SF)
Zoning code
INDUST
APN
CHEL M:032 P:004A
UPID
US38-0473419
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
-
FTS International Freight Service Logistics Company
-
Big T & D Corporation Offices Trucking Company
-
Hellmann Worldwide Logistics Logistics Company Freight Service
-
Mainfreight USA Boston Logan BOS Freight Service Logistics Company
-
Alpi USA Inc Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$620k
Owner & transaction history
128 Eastern Ave LLC · 14 yrs held
128 Eastern Ave LLC
since 2011
7 recorded transactions
Zoning & alternative use
INDUST · Chelsea, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Chelsea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelsea 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
by Request
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$620k
Range $558k – $682k · ±10%
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
$28 / 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
$85,586
Tax year 2024
Assessed value
$3,603,600
Assessed 2024
Previous assessed
$3,125,100
+15.3% YoY
Effective rate
2.38%
On assessed value
Assessed land
$697,400
Assessed improvement
$2,906,200
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
Truck terminals
Use group
TRUCK TERMINAL (MOTOR FREIGHT)
Status
Off-Market
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
2
Units
1
Total area
21,760 SF
Lot
1.01 ac (43,778 SF)
Zoning code
INDUST
APN
CHEL M:032 P:004A
UPID
US38-0473419
Jurisdiction
CHELSEA
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
INDUST · Chelsea, MA
Zoning INDUST · permitted uses
INDUST · Chelsea, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chelsea. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
2
Buildings
1
Units
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
128 Eastern Ave LLC
Entity
Free & Clear · 14 yrs held
Mailing address
1 ALONESOS WAY, ANDOVER, MA 01810-4601
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2011
$1
128 Eastern Ave LLC
Bancarotta Family Re LLC
Grant Deed
—
Sep 29, 2009
$1
128 Bancarotta Ft
128 Eastern Avenue T
Grant Deed
—
Sep 29, 2009
—
Bancarotta Ft
—
Grant Deed
related
$600,000 · East Boston Savings Bank
Jul 29, 2005
$1
Bancarotta Ft Rlest LLC
Bancarotta,virgilio
Grant Deed
related
—
Nov 12, 1996
—
Eaastern Ave T 128
—
Deed Of Trust
related
$700,000 · Medford Savings Bank
Oct 12, 1994
—
Eastern Ave T 128
—
Deed Of Trust
related
$600,000 · Saugus Bank & Trust
Jan 12, 1994
—
Eastern Ave T 128
—
Deed Of Trust
related
$600,000 · Saugus Bank & Trust
Oct 5, 1992
—
David W Modoono
—
Deed Of Trust
related
$158,313 · Virgilio Bancarotta
May 15, 1992
$166,000
Eastern Ave T 128
Modoono,david W
Grant Deed
—
May 15, 1992
$175,000
David W Modoono
Eastern Ave T 128
Grant Deed
—
Sep 25, 1987
$350,000
Eastern Ave Tr 128
Meola RT
Grant Deed
$714,000 · Saugusbank
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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