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Property profile & analytics
OFF-MARKET Estimated value $610,000
Office buildings

197 Revere St Revere, MA 02151

2,487 SF 0.06 ac lot Built 1930
Individually Owned 33-yr Hold Free & Clear
Property ID
US38-1605988
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1930
Construction FRAME
Total area 2,487 SF
Lot 0.06 ac (2,439 SF)
Zoning code GB
APN REVE M:17 B:287 L:11
UPID US38-1605988
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
$610k
Owner & transaction history
F RT · 33 yrs held
F RT
since 1993
6 recorded transactions
2014
Price N/A
2009
Price N/A
1995
Price N/A
1995
Price N/A
1994
Price N/A
1993
$50,000
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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