Property profile

2 Alpine St Somerville, MA 02144

OFF-MARKET
Office buildings
Property ID
US38-0518243
5,280 SF 0.17 ac lot Built 1965
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 5,280 SF
Lot 0.17 ac (7,565 SF)
Zoning code RC
APN SOME M:34 B:A L:2
UPID US38-0518243

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
  • Association Or Organization
  • Physician
  • Park
  • Physician
  • Accounting Firm Tax Preparation

Location

2 Alpine St Somerville, MA 02144-2790
Somerville metro Census 350300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.31M
CAP Approach CAP
$2.75M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.21M

Owner & transaction history

since 2021
Last sale
$2.4M
7 recorded transactions
2024
Price N/A
2021
$2.4M
2018
Price N/A
2012
$1
2004
$470,000
2003
Price N/A
1989
Price N/A

Zoning & alternative use

RC · Somerville, MA
Top alternative use upside
Commercial (general) $2.2M +92.4%
Restaurant $1.5M +32.6%
Auto repair, garage $1.5M +28.6%

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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