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Property profile & analytics
OFF-MARKET
Retail space
1281-1283 Dorchester Ave, Dorchester, MA 02122
Individually Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-0197234
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1940
Construction
BRICK
Total area
2,188 SF
Lot
0.12 ac (5,133 SF)
Zoning code
C
APN
DORC W:15 P:00367 S:000
UPID
US38-0197234
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
28-42 Commercial St Ll · 9 yrs held
28-42 Commercial St Ll
since 2016
7 recorded transactions
Zoning & alternative use
C · Dorchester, 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 Dorchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dorchester 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$14,591
Tax year 2024
Assessed value
$577,400
Assessed 2024
Previous assessed
$572,700
+0.8% YoY
Effective rate
2.53%
On assessed value
Assessed land
$273,500
Assessed improvement
$303,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1940
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Units
2
Total area
2,188 SF
Lot
0.12 ac (5,133 SF)
Zoning code
C
APN
DORC W:15 P:00367 S:000
UPID
US38-0197234
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Dorchester, MA
Zoning C · permitted uses
C · Dorchester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dorchester. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1940
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Units
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
28-42 Commercial St Ll
Individual
Mailing address
36 MILLER STILE RD, QUINCY, MA 02169-5423
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2016
$675,000
28-42 Commercial St Ll
Meetinghouse Bank
Quit Claim Arm's Length For Ne States
$480,000 · Mountainone Bk
Dec 22, 2010
$501,000
Meetinghouse Coop Bk
Ocallaghan,timothy P
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
May 11, 2006
—
Coffey Street RT
—
Deed Of Trust
related
$395,000 · Liberare Rlty
Feb 21, 2006
$1
Timothy P O'callaghan
Hecla RT
Grant Deed
related
—
Mar 22, 2005
—
Hecla RT
—
Grant Deed
related
$200,000 · Anthony L Matera
May 22, 2003
—
Hecla RT
—
Deed Of Trust
related
$2,100,000 · Chart Bank
Nov 3, 1999
—
Helcla RT
—
Deed Of Trust
related
$97,500 · Anthony Matera Tr
Jul 1, 1999
—
Hecla RT
—
Deed Of Trust
related
$89,250 · Liberare RT
Sep 24, 1998
—
Hecla RT
—
Deed Of Trust
related
$116,000 · Liberare T
Oct 17, 1997
—
Hecla RT
—
Deed Of Trust
related
$70,000 · Liberare RT
Jul 11, 1997
—
Hecla RT
—
Deed Of Trust
related
$120,000 · Apex Mortgage Corp
Aug 13, 1996
$155,000
Hecla RT
D Avenue Nt
Grant Deed
$100,000 · Zwi Kohorn
Mar 1, 1994
—
Dorc Ave Nt 1281-12
—
Deed Of Trust
related
$91,400 · Mark J Gladstone Etal
Mar 9, 1987
$175,000
St R T Harvard
Dudley Winston RT
Grant Deed
$385,000 · Zwi Kohorn
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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