New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,060,000
Auto shops
212 Everett St, Revere, MA 02151-5933
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1127958
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1989
Construction
STEEL FRAME
Total area
4,048 SF
Lot
0.33 ac (14,244 SF)
Zoning code
TED
APN
REVE M:16 B:244 L:5A
UPID
US38-1127958
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.06M
Owner & transaction history
61 Alh Revere LLC · 1 yrs held
61 Alh Revere LLC
since 2025
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
TED · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+7.9%
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 Revere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Revere 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
Method
Estimation
Statistic approach
$3,015,000
ML approach
$3,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,035,000
Current use
OFFICE BUILDING
$2,195,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$3.06M
Range $2.75M – $3.37M · ±10% · vs last sale $3.10M (Feb 25 2025)
Last sale anchor
$3.10M
Feb 25 2025
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$756 / 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
$19,906
Tax year 2024
Assessed value
$1,099,800
Assessed 2024
Previous assessed
$950,600
+15.7% YoY
Effective rate
1.81%
On assessed value
Assessed land
$690,800
Assessed improvement
$409,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1989
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
4,048 SF
Lot
0.33 ac (14,244 SF)
Zoning code
TED
APN
REVE M:16 B:244 L:5A
UPID
US38-1127958
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
TED · Revere, MA
Zoning TED · permitted uses
TED · Revere, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Revere. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$2.0M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE Current
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.33 ac
Current owner
From public records · entity-resolved
61 Alh Revere LLC
Entity
Mailing address
212 EVERETT ST, REVERE, MA 02151-5933
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 25, 2025
$3,100,000
61 Alh Revere LLC
61 Amer Legion Hwy LLC
Deed
—
Jun 5, 2020
—
61 American Legn Hwy LLC
—
Deed
related
$700,000 · Massachusetts Growth Cap Corp
Nov 18, 2019
$2,500,000
61 American Legn Hwy LLC
212 Everett Street Nt
Quit Claim Arm's Length For Ne States
$1,500,000 · Salem Five Cents Savings Bank
Jan 13, 2005
—
St Revere Ma Nt R Everett
—
Deed Of Trust
related
$50,000 · Tony Saroufim
Nov 2, 2004
—
Mass Nt Rl Est St. Revere
—
Deed Of Trust
related
$140,000 · East Boston Savings Bank
Jul 27, 2004
$535,000
Mass Nt Rl Est St. Revere
Kp RT
Grant Deed
$350,000 · East Boston Savings Bank
Apr 2, 1999
—
Kp RT
—
Deed Of Trust
related
$250,000 · East Boston Savings Bank
Mar 29, 1990
—
Kp RT
—
Deed Of Trust
related
$50,000 · East Boston Savings Bank
Jun 21, 1989
$225,000
K P RT
J C JR,griffin Est
Grant Deed
$200,000 · East Boston Savings Bank
—
—
61 American Legn Hwy LLC
—
Deed Of Trust
related
$700,000 · Massachusetts Growth Cap Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 212 Everett St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
