New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Showrooms
147 Broadway, Everett, MA 02149
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-2436996
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1940
Construction
FRAME
Total area
6,447 SF
Lot
0.31 ac (13,495 SF)
Zoning code
LB-M
APN
EVER M:H0 B:03 L:000017
UPID
US38-2436996
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
$2.12M
CAP Approach
CAP
$1.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
147 Broadway LLC · 4 yrs held
147 Broadway LLC
since 2022
Last sale
$2.3M
1 recorded transaction
Zoning & alternative use
LB-M · Everett, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.9M
+39.7%
Auto repair, garage
$1.8M
+35.4%
Neighborhood: shopping center
$1.8M
+33.3%
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
$1,970,000
ML approach
$2,115,000
CAP Approach
CAP Return
Estimation
6%
$1,775,000
6.5%
$1,635,000
7%
$1,520,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,340,000
Current use
RESTAURANT
$1,870,000
Change: +40% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,815,000
Change: +35% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,785,000
Change: +33% · Conversion: Difficult
RETAIL STORES
$1,740,000
Change: +30% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,485,000
Change: +11% · Conversion: Moderate
OFFICE BUILDING
$1,410,000
Change: +5% · Conversion: Easy
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±10% · vs last sale $2.30M (Jun 27 2022)
Last sale anchor
$2.30M
Jun 27 2022
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
$337 / 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
$27,691
Tax year 2024
Assessed value
$1,153,800
Assessed 2024
Previous assessed
$1,153,800
+0.0% YoY
Effective rate
2.40%
On assessed value
Assessed land
$944,300
Assessed improvement
$209,500
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1940
Construction
FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
6,447 SF
Lot
0.31 ac (13,495 SF)
Zoning code
LB-M
APN
EVER M:H0 B:03 L:000017
UPID
US38-2436996
Jurisdiction
EVERETT
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
LB-M · Everett, MA
Zoning LB-M · permitted uses
LB-M · Everett, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Everett. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
RESTAURANT
Est. value
$1.9M
AUTO REPAIR, GARAGE
Est. value
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.8M
RETAIL STORES
Est. value
$1.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.4M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1940
Construction
FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.31 ac
Current owner
From public records · entity-resolved
147 Broadway LLC
Entity
Mailing address
148 MAIN ST, MALDEN, MA 02148-6904
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2022
$2,300,000
147 Broadway LLC
D&e Realty Co INC
Quit Claim Arm's Length For Ne States
$1,320,000 · Norwood Cooperative Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 147 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
