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Property profile & analytics
OFF-MARKET Estimated value $805,000
Retail space

163 Shirley Ave Revere, MA 02151-3256

4,470 SF 0.15 ac lot Built 1910
Entity Owned 21-yr Hold ~ Est. High Equity
Property ID
US38-1301644
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Construction FRAME
Total area 4,470 SF
Lot 0.15 ac (6,621 SF)
Zoning code GB
APN REVE M:8 B:137 L:20
UPID US38-1301644
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$805k
Owner & transaction history
Shirley Avenue LLC · 21 yrs held
Shirley Avenue LLC
since 2005
7 recorded transactions
2016
Price N/A
2005
$356,000
2003
$345,000
2001
$345,000
1997
$140,000
1993
$245,000
1992
Price N/A
Zoning & alternative use
GB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the CB, NB, GB business districts, micro and macro telecommunications facilities shall be allowed by special permit authorized by the Revere city council following design review approval. Monopole towers up to a height of forty feet are permitted by special permit authorized by the Revere city council following design review approval. Monopole towers up t…

Zone name General Business
General category COMMERCIAL
Zone area 150.16 ac
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