Property profile

18 Spice St Charlestown, MA 02129

OFF-MARKET
Manufacturing properties
Property ID
US38-0340690
14,400 SF 0.35 ac lot Built 1899
Entity Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property consists of approximately 4,800 square feet of office space and is located in Charlestown, Massachusetts.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1899
Construction BRICK
Total area 14,400 SF
Lot 0.35 ac (15,443 SF)
Zoning code I
APN CHAR W:02 P:02155 S:000
UPID US38-0340690

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor
  • Construction Company
  • Parking Lot & Garage
  • Home Appliance Store

Location

18 Spice St Charlestown, MA 02129-1395
Charlestown metro Census 40600 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.60M
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.96M
Blend (final) Blend
$4.60M

Owner & transaction history

since 2024
Last sale
$4.6M
7 recorded transactions
2024
$4.6M
2024
Price N/A
2023
Price N/A
2022
Price N/A
2017
Price N/A
2007
Price N/A
2004
$131,075

Zoning & alternative use

I · Charlestown, MA
Top alternative use upside
Commercial (general) $6.9M +51.1%
Neighborhood: shopping center $4.8M +3.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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