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Financial
Distress signals
Property profile

202 1st St South Boston, MA 02127

OFF-MARKET
Manufacturing properties
Property ID
US38-1361029
11,024 SF 0.18 ac lot Built 1940
Last sale Jul 2021 · $5,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property at 202 W. First Street is located in the South Boston submarket and is associated with a planned life science development. The project is described as consisting of approximately 48,000 square feet. The development plan indicates the site was intended to secure an uncontestable building permit by the end of September 2022, and the project concept includes participation by developers through either leading the development phase or acquiring the site outright.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$22k
Tax billed · 2024
Assessed value$859k
Assessed land$393k
Assessed improvement$466k
Effective rate2.53%

Value estimate

· Oct 2026
$1.21M
$1.09M – $1.33M

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$319/SF
Submarket average, outlier-cleaned · 24 recorded sales of this use type
Observed band · Q1–Q3$181 – $511
Qualifying comparables13

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I
JurisdictionBOSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat10.3
Auto Parts Store10.0
Watch Repair Shop9.7

Location

202 1st St South Boston, MA 02127-1110
County assessor Recorded deeds · 9 transfers 13 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

5 recorded sales · 12 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
118 B, South Boston, MA 02127-1010 $4,500,000 Oct 2024 14,655 SF
370 Dorchester, South Boston, MA 02127-2407 $25,000,000 Dec 2023 14,409 SF
485 1st, South Boston, MA 02127-1424 $3,500,000 Jan 2023 5,194 SF
49-51 D, South Boston, MA 02127 $7,480,000 Aug 2022 12,714 SF
404 Dorchester, South Boston, MA 02127-2407 $3,000,000 Mar 2022 5,400 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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