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Property profile & analytics
OFF-MARKET
Automotive properties
189 Eastern Ave, Malden, MA 02148-5606
Entity Owned
Free & Clear
Property ID
US38-0573327
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
1980
Construction
FRAME
Total area
1,995 SF
Lot
0.31 ac (13,613 SF)
Zoning code
HB
APN
MALD M:086 B:411 L:108
UPID
US38-0573327
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
Current use
Occupant on record · Public records
-
Eastern Motors Car Dealership
-
NEXT LEVEL MOTORS Car Dealership
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
189 Eastern Avenue LLC
189 Eastern Avenue LLC
since 2025
6 recorded transactions
Zoning & alternative use
HB · 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 2024Property tax & assessments
Tax year 2024
Tax billed
$13,626
Tax year 2024
Assessed value
$748,700
Assessed 2024
Previous assessed
$748,700
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$531,000
Assessed improvement
$217,700
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
1980
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
2
Units
1
Bathrooms
3
Total area
1,995 SF
Lot
0.31 ac (13,613 SF)
Zoning code
HB
APN
MALD M:086 B:411 L:108
UPID
US38-0573327
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
HB · Malden, MA
Zoning HB · permitted uses
HB · 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
Year built
1980
Construction
FRAME
Heating
HOT WATER
Stories
2
Buildings
1
Units
1
Bathrooms
3
Lot
0.31 ac
Current owner
From public records · entity-resolved
189 Eastern Avenue LLC
Entity
Free & Clear · 0 yrs held
Mailing address
49 EQUESTRIAN DR, NORTH ANDOVER, MA 01845-3352
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 11, 2025
$1,575,000
189 Eastern Avenue LLC
2m RT
Deed
—
Jul 12, 2018
—
2m RT
—
Deed
related
$503,000 · Salem Five Cents Savings Bank
Oct 30, 2009
—
2m RT
—
Deed Of Trust
related
$540,000 · Stoneham Savings Bank
Jul 22, 2004
—
2m RT
—
Deed Of Trust
related
$622,500 · Stoneham Savings Bank
Jan 12, 2001
$393,000
2m RT
Piantidosi,peter J 3rd
Grant Deed
$280,000 · Brookline Savings Bank
Apr 18, 1989
$398,000
Phillip Oddo
Lungo,john M
Grant Deed
$330,000 · Progressive Cnsmr FCU
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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