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Property profile & analytics
OFF-MARKET
Estimated value
$36,835,000
Office buildings
135 Santilli Hwy Everett, MA 02149-1962
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US38-0403104
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
STEEL FRAME
Total area
388,700 SF
Lot
12.2 ac (531,432 SF)
Zoning code
ROD
APN
EVER M:G0 B:02 L:000100
UPID
US38-0403104
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
-
Everett Office Corporate Office
-
BNY Financial Advisor
-
Wayne Draper Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$36.84M
Owner & transaction history
Gp Portland Invest Co LLC · 20 yrs held
Gp Portland Invest Co LLC
since 2005
5 recorded transactions
Zoning & alternative use
ROD · Everett, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Riverfront District is intended to promote special uses.
Zone name
Riverfront District
General category
UNKNOWN
Zone area
238.93 ac
Source
Realmo
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 Everett submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Everett 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$36.84M
Range $33.15M – $40.52M · ±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
$95 / 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
$954,586
Tax year 2024
Assessed value
$39,774,400
Assessed 2024
Previous assessed
$39,774,400
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$19,663,000
Assessed improvement
$20,111,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
YES
Buildings
1
Stories
3
Units
1
Bathrooms
25
Total area
388,700 SF
Lot
12.2 ac (531,432 SF)
Zoning code
ROD
APN
EVER M:G0 B:02 L:000100
UPID
US38-0403104
Jurisdiction
EVERETT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
ROD · Everett, MAZoning ROD · permitted uses
ROD · Everett, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Riverfront District is intended to promote special uses.
Zone name
Riverfront District
General category
UNKNOWN
Zone area
238.93 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1970
Construction
STEEL FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
3
Buildings
1
Units
1
Bathrooms
25
Lot
12.2 ac
Current owner
From public records · entity-resolved
Gp Portland Invest Co LLC
Entity
Mailing address
7 JACKSON WALKWAY, PROVIDENCE, RI 02903-3638
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 2, 2022
—
Gp Portland Inv Co LLC
—
Deed
related
$64,500,000 · Santander Bank NA
Nov 14, 2018
—
Gp Portland Inv Co
—
Deed
related
$61,100,000 · Miscellaneous Ins Co
Oct 4, 2005
$1
Gp Portland Invest Co LLC
Gp Portland LP 1
Grant Deed
related
—
Oct 4, 2005
—
Gp Portland Invest Co LLC
—
Deed Of Trust
related
$55,000,000 · Worth Funding INC
—
—
Gp Portland Inv Co
—
Deed Of Trust
related
$61,100,000 · Miscellaneous Ins Co
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.
Try Rey
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