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Property profile & analytics
OFF-MARKET
Estimated value
$2,505,000
Gas stations
16 Medford St, Somerville, MA 02143-4212
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-1825001
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,840 SF
Lot
0.19 ac (8,085 SF)
Zoning code
BB
APN
SOME M:97 B:E L:4
UPID
US38-1825001
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
$2.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.51M
Owner & transaction history
Somerville Living LLC · 5 yrs held
Somerville Living LLC
since 2021
Last sale
$2.6M
7 recorded transactions
Zoning & alternative use
BB · Somerville, 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 Somerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerville 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
$2,435,000
ML approach
$2,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.51M
Range $2.25M – $2.76M · ±10% · vs last sale $2.57M (Apr 26 2021)
Last sale anchor
$2.57M
Apr 26 2021
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
$1,361 / 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
$19,863
Tax year 2024
Assessed value
$1,091,400
Assessed 2024
Previous assessed
$1,084,800
+0.6% YoY
Effective rate
1.82%
On assessed value
Assessed land
$935,300
Assessed improvement
$156,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
1
Total area
1,840 SF
Lot
0.19 ac (8,085 SF)
Zoning code
BB
APN
SOME M:97 B:E L:4
UPID
US38-1825001
Jurisdiction
SOMERVILLE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BB · Somerville, MA
Zoning BB · permitted uses
BB · Somerville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Somerville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Somerville Living LLC
Entity
Mailing address
749 LOWELL ST, LYNNFIELD, MA 01940-1651
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2026
—
Somerville Living LLC
—
Deed
related
$25,000,000 · Cl Cre Borrower 1 LLC
Oct 31, 2024
—
Somerville Living LLC
—
Deed
related
$23,500,000 · Usc 16-20 Medford LLC
Apr 26, 2021
$2,572,569
Somerville Living LLC
Charles J Uglietto
Quit Claim Arm's Length For Ne States
$3,900,000 · Enterprise Bank & Trust Co
Apr 26, 2021
—
Somerville Living LLC
—
Deed
related
$500,000 · Northern 1031 Exchang
Dec 17, 2014
—
Somerville Gas & Svc INC
Somerville Gas & Svc INC
Quit Claim Deed
related
—
Jun 2, 2014
$660,000
Somerville Gas
Mikmeg Corp
Quit Claim Deed
$650,000 · Mikmag Corp
Aug 31, 2010
$1
Mikmeg Corp
16 Medford Street RT
Grant Deed
—
Jul 8, 2010
$1
Charles J Uglietto
16 Medford Street RT
Grant Deed
—
Mar 31, 1999
$15,802
16 Medford St. RT
Bentubo,robert W
Grant Deed
—
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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