Property profile

20 Mechanic St Bellingham, MA 02019

OFF-MARKET
Retail space
Property ID
US38-0382190
14,730 SF 1.89 ac lot Built 2006
Entity Owned 19-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction STEEL FRAME
Total area 14,730 SF
Lot 1.89 ac (82,202 SF)
APN BELL M:0045 B:0050 L:0001
UPID US38-0382190

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
  • Pharmacy
  • Cosmetic Store
  • (Bike/Boat/Book/etc) Store
  • Postal Service Courier Service
  • Electric Vehicle Charging Station

Location

20 Mechanic St Bellingham, MA 02019-1688
Bellingham metro Census 443105 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.86M
Comparable Approach Comparable
$2.83M
Blend (final) Blend
$3.51M

Owner & transaction history

since 2007
7 recorded transactions
2014
Price N/A
2007
$7.2M
2006
Price N/A
2006
$1.9M
2006
Price N/A
2003
Price N/A
1999
$170,000

Zoning & alternative use

Top alternative use upside
Auto repair, garage $4.7M +10.0%
Office building $4.3M +0.2%

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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