New search
Property profile & analytics
OFF-MARKET
Commercial real estate
184 Commercial St, Malden, MA 02148-6709
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US38-1073139
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
5.05 ac (219,900 SF)
Zoning code
I2
APN
MALD M:055 B:232 L:211
UPID
US38-1073139
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
by Request
Owner & transaction history
Plaza 188 Assoc LLC · 14 yrs held
Plaza 188 Assoc LLC
since 2011
7 recorded transactions
Zoning & alternative use
I2 · Malden, 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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$247,199
Tax year 2020
Assessed value
$15,888,400
Assessed 2024
Previous assessed
$15,888,400
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$6,707,000
Assessed improvement
$9,181,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
9
Lot
5.05 ac (219,900 SF)
Zoning code
I2
APN
MALD M:055 B:232 L:211
UPID
US38-1073139
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I2 · Malden, MA
Zoning I2 · permitted uses
I2 · Malden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Cooling
Yes
Buildings
2
Units
9
Lot
5.05 ac
Current owner
From public records · entity-resolved
Plaza 188 Assoc LLC
Entity
Mailing address
38 BRIGHTON AVE, BOSTON, MA 02134-2311
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2011
$15,500,000
Plaza 188 Assoc LLC
Commercial St Venture LLC
Grant Deed
$11,000,000 · Brookline Savings Bank
Aug 26, 2010
—
Commercial St Venture LLC
—
Grant Deed
related
$11,100,000 · Salem Five Cents Savings Bank
Jul 16, 2008
—
Commercial St Venture LLC
—
Deed Of Trust
related
$9,745,000 · Salem Five Cents Savings Bank
Jul 1, 1999
—
Sterling-clark-lurton
—
Deed Of Trust
related
$400,000 · Century Bank & Trust Co
Apr 21, 1993
—
Sterling-clark Lurton
—
Deed Of Trust
related
$200,000 · Zuckerman Family Nomi
Mar 17, 1992
—
Sterling Clark-lurton
—
Deed Of Trust
related
$675,000 · Malden Trust Co
Dec 8, 1988
$5,650
Sterling-clark-lurton
Malden Redev Auth
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.
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 184 Commercial St?
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.
