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Property profile & analytics
OFF-MARKET Estimated value $2,975,000
Retail space

191 Shirley Ave Revere, MA 02151-3258

6,404 SF 0.16 ac lot Built 1900
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US38-0767931
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Construction STEEL FRAME
Total area 6,404 SF
Lot 0.16 ac (7,144 SF)
Zoning code GB
APN REVE M:8 B:138 L:1
UPID US38-0767931
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
$3.06M
CAP Approach CAP
$1.93M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.98M
Owner & transaction history
Shirley Square LLC · 2 yrs held
Shirley Square LLC
since 2023
Last sale
$2.9M
7 recorded transactions
2026
Price N/A
2025
Price N/A
2023
$2.9M
2022
Price N/A
2020
Price N/A
2018
Price N/A
2011
$1
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
Top alternative use upside
Restaurant $3.5M +45.4%
Office building $3.5M +42.6%
Auto repair, garage $3.2M +32.1%
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