Realmo Analytics

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Property profile

21 Ford St Boston, MA 02128

FOR LEASE
Other investment properties
Property ID
US38-2389792
8,691 SF 0.08 ac lot Built 1920
Last sale Aug 2024 · $2,300,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a commercial storefront with a street-level, customer-facing area and a lower level that includes a restroom along with additional support and/or storage space. Built in 2026, it includes hot water and a utility sink, with a separate electric meter. The layout is suitable for uses such as retail, professional office, salon, or other service-oriented businesses, subject to applicable landlord and governmental approvals. Building utilities and operating responsibilities are…

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

What does the county charge?
Assessed value · 2024$1.05M
Assessed land$258k
Assessed improvement$791k

Value estimate

· Oct 2026
$2.30M
$2.07M – $2.53M
AI approach$2.30M
Submarket $/SF estimate$1.82M
NOI build-up
Gross scheduled income$219k
Vacancy & credit loss−$19k
Operating expenses−$60k
NOI · 5,611.12% cap applied$140k

Realmo valuation models over county records and 7 qualifying comparable sales.

Recently sold

What actually traded nearby?
$302/SF
ZIP average, outlier-cleaned · 71 recorded sales of this use type
Observed band · Q1–Q3$201 – $403
Qualifying comparables7

Cap rate analysis

How does the asset earn?
5,611.12%
$140k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
RC
JurisdictionBOSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm17.7
Dental Office13.1
Hair Salon10.9

Location

21 Ford St Boston, MA 02128
County assessor Recorded deeds · 2 transfers 7 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

6 recorded sales · 8 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
151-153 Meridian, East Boston, MA 02128 $16,862,750 Oct 2025 4,984 SF
13 William C Kelly, East Boston, MA 02128 $1,450,000 Apr 2025 4,020 SF
140 Bennington, East Boston, MA 02128-4888 $105,000 Aug 2024 4,500 SF
127-129 London, East Boston, MA 02128 $30,000 May 2024 4,150 SF
971 Saratoga, East Boston, MA 02128-1152 $650,000 Mar 2024 5,440 SF
291 Sumner, East Boston, MA 02128-2123 $835,000 Jul 2023 4,310 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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