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Property profile & analytics
OFF-MARKET
Estimated value
$5,490,000
Office buildings
1415 Hancock St 1429, Quincy, MA 02169-5235
Entity Owned
27-yr Hold
~
Est. High Equity
Property ID
US38-0663168
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
22,820 SF
Lot
0.2 ac (8,761 SF)
Zoning code
BUSC
APN
QUIN M:1148 B:60 L:1A
UPID
US38-0663168
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
-
Granite Trust Company Tour Operator
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.49M
Owner & transaction history
M LLP · 27 yrs held
M LLP
since 1999
7 recorded transactions
Zoning & alternative use
BUSC · Quincy, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$7.4M
+22.7%
Retail stores
$6.7M
+11.3%
Apartment house (5+ units)
$6.5M
+8.9%
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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,990,000
Current use
AUTO REPAIR, GARAGE
$7,350,000
Change: +23% · Conversion: Difficult
RETAIL STORES
$6,665,000
Change: +11% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$6,520,000
Change: +9% · Conversion: Easy
COMMERCIAL (GENERAL)
$5,265,000
Change: -12% · Conversion: Easy
Blend value · Realmo final
$5.49M
Range $4.94M – $6.04M · ±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
$241 / 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
$76,022
Tax year 2024
Assessed value
$3,386,300
Assessed 2024
Previous assessed
$3,386,300
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$558,300
Assessed improvement
$2,828,000
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
1
Stories
3
Units
10
Rooms
10
Bathrooms
10
Total area
22,820 SF
Lot
0.2 ac (8,761 SF)
Zoning code
BUSC
APN
QUIN M:1148 B:60 L:1A
UPID
US38-0663168
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSC · Quincy, MA
Zoning BUSC · permitted uses
BUSC · Quincy, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quincy. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$6.0M
AUTO REPAIR, GARAGE
Est. value
$7.4M
RETAIL STORES
Est. value
$6.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$6.5M
COMMERCIAL (GENERAL)
Est. value
$5.3M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1900
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
3
Buildings
1
Units
10
Rooms
10
Bathrooms
10
Lot
0.2 ac
Current owner
From public records · entity-resolved
M LLP
Entity
Mailing address
67 CODDINGTON ST, QUINCY, MA 02169-4511
Ownership since
1999
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
Apr 12, 2021
—
M&j Rlty LLP
—
Deed
related
$3,386,100 · Td Bank NA
Aug 7, 2013
—
M LLP
—
Deed Of Trust
related
$1,786,000 · South Shore Bank
Dec 20, 2012
—
M LLP
—
Deed Of Trust
related
$70,000 · South Shore Bank
Feb 10, 2004
—
M LLP
—
Deed Of Trust
related
$1,575,000 · South Shore Bank
Feb 10, 1999
$885,500
M LLP
Greenleaf Bldg LP
Grant Deed
$708,400 · South Shore Cp Bank
Aug 26, 1998
—
Bldg LP Greenleaf
—
Deed Of Trust
related
$550,000 · South Shore Cp Bank
Mar 24, 1994
—
Bldg LP Greenleaf
—
Deed Of Trust
related
$545,000 · South Weymouth Savings Bank
Dec 31, 1992
$400,000
Bldg LP Greenleaf
Grenleaf RT Est
Grant Deed
$390,000 · Bankboston Development Co LLC
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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