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Property profile & analytics
OFF-MARKET
Estimated value
$2,640,000
Retail space
20 Independence Ave, Quincy, MA 02169-7716
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-0331954
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
18,164 SF
Lot
0.94 ac (41,119 SF)
Zoning code
BUSA
APN
QUIN M:3033 B:31 L:D
UPID
US38-0331954
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
-
TMX Boxing Academy Gym & Fitness Center Sports School
-
Shop-N-Save Liquors (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.64M
Owner & transaction history
20 Independence Ave LLC · 10 yrs held
20 Independence Ave LLC
since 2015
5 recorded transactions
Zoning & alternative use
BUSA · Quincy, 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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
$145 / SF
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
$69,849
Tax year 2024
Assessed value
$3,111,300
Assessed 2024
Previous assessed
$3,111,300
+0.0% YoY
Effective rate
2.25%
On assessed value
Assessed land
$347,900
Assessed improvement
$2,763,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
5
Rooms
5
Bathrooms
5
Total area
18,164 SF
Lot
0.94 ac (41,119 SF)
Zoning code
BUSA
APN
QUIN M:3033 B:31 L:D
UPID
US38-0331954
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSA · Quincy, MA
Zoning BUSA · permitted uses
BUSA · Quincy, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quincy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
5
Rooms
5
Bathrooms
5
Lot
0.94 ac
Current owner
From public records · entity-resolved
20 Independence Ave LLC
Entity
Mailing address
PO BOX 2119, QUINCY, MA 02269
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 5, 2025
—
20 Independence Ave LLC
—
Deed
related
$2,250,000 · Eastern Bank
Dec 21, 2023
—
20 Independence Ave LLC
—
Deed
related
$1,150,000 · Karen L Nisenbaum
Aug 3, 2022
—
20 Independence Ave LLC
—
Deed
related
$750,000 · Karen L Nisenbaum
Aug 26, 2015
$2,650,000
20 Independence Ave LLC
Granite Public Market INC
Quit Claim Deed
$2,547,500 · Granite Public Market
Feb 6, 1987
—
Granite Public Market
—
Deed Of Trust
related
$750,000 · Quincy Svgs Bk
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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