Financial
Distress signals
Property profile

1515 Commercial St Weymouth, MA 02189

FOR LEASE
Retail space
Property ID
US38-1579177
15,814 SF 2.6 ac lot Built 2003
Last sale Jun 2001 · $500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 25-yr Hold Held for 25 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail opportunity is situated at the highly visible intersection of Commercial and High Streets in Weymouth, Norfolk County. The property, part of a larger multi-tenant commercial building, offers 2,786 square feet of immediately available space within a total building area of 8,000 square feet. The space benefits from excellent street access and visibility, ensuring high foot traffic and potential for significant brand exposure. A key advantage is the strategic location

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$63k
Tax billed · 2024
Assessed value$3.85M
Assessed land$829k
Assessed improvement$3.02M
Effective rate1.63%

Value estimate

· Sep 2026
$3.42M
$3.07M – $3.76M
CAP approach$4.14M
Submarket $/SF estimate$2.57M

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$289/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$121 – $470
Qualifying comparables6

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
100
JurisdictionWEYMOUTH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.3
Law Firm17.0
Restaurant14.4

Location

1515 Commercial St Weymouth, MA 02189
County assessor Recorded deeds · 3 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
896 Washington, Weymouth, MA 02189-1531 $970,000 Oct 2023 3,715 SF
875 Washington, Weymouth, MA 02189-1535 $1,400,000 Feb 2023 17,200 SF
1409 Commercial, Weymouth, MA 02189 $500,000 Mar 2022 4,684 SF
856 Washington, Weymouth, MA 02189 $1,185,000 Jan 2022 10,032 SF
136 Ee, Weymouth, MA 02189-2106 $120,000 Jun 2021 2,400 SF
784 Broad, Weymouth, MA 02189-2006 $490,000 May 2019 2,420 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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