New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,830,000
Super regional malls
214 Quincy Ave, Braintree, MA 02184-2303
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1477177
Property summary
AI-generated overview
This exceptional 18 sq. ft. single-tenant retail space is situated in a thriving Braintree, MA commercial plaza. Benefit from high visibility and ample parking in a location boasting consistent foot and vehicle traffic. The plaza's vibrant atmosphere is enhanced by neighboring popular restaurants and salons, creating a dynamic environment that attracts a diverse clientele. This flexible space is perfect for a variety of businesses, including medical offices, offering excellent signage opportunities to maximize your brand's exposure. Located in a prime spot with easy access to major roadways and public transportation, this property presents a unique opportunity for businesses seeking high visibility and a strong customer base within a bustling commercial center. The space's adaptable layout allows for customization to suit your specific business needs. Don't miss this chance to establish your presence in one of Braintree's most desirable commercial areas. Norfolk County location.
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1993
Construction
STEEL FRAME
Total area
20,932 SF
Lot
1.99 ac (86,684 SF)
Zoning code
BUS
APN
BRAI M:3052 B:0 L:95A
UPID
US38-1477177
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
-
Nicole Vermillion Real Estate Real Estate Agency
-
Tom Garvey Realtor Keller Williams Showcase Properties Real Estate Agency
-
Steve LeBlanc Real Estate, KW Showcase Properties Real Estate Agency
-
South Shore Real Estate Real Estate Agency
-
Alain Abraham Realtor Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.45M
Blend (final)
Blend
$1.83M
Owner & transaction history
Quincy Ave Plaza LLC · 1 yrs held
Quincy Ave Plaza LLC
since 2024
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
BUS · Braintree, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.7M
+176.6%
Retail stores
$2.7M
+173.0%
Apartment house (5+ units)
$2.6M
+167.6%
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 Braintree submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Braintree 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,690,000
Change: +177% · Conversion: Easy
RETAIL STORES
$2,655,000
Change: +173% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,605,000
Change: +168% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,490,000
Change: +156% · Conversion: Difficult
MEDICAL BUILDING
$2,395,000
Change: +146% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.65M – $2.01M · ±10% · vs last sale $2.50M (Aug 8 2024)
Last sale anchor
$2.50M
Aug 8 2024
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
$87 / 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
$91,052
Tax year 2024
Assessed value
$4,496,400
Assessed 2024
Previous assessed
$4,496,400
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$1,820,400
Assessed improvement
$2,676,000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1993
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
8
Bathrooms
16
Total area
20,932 SF
Lot
1.99 ac (86,684 SF)
Zoning code
BUS
APN
BRAI M:3052 B:0 L:95A
UPID
US38-1477177
Jurisdiction
BRAINTREE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUS · Braintree, MA
Zoning BUS · permitted uses
BUS · Braintree, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Braintree. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$2.7M
RETAIL STORES
Est. value
$2.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.6M
AUTO REPAIR, GARAGE
Est. value
$2.5M
MEDICAL BUILDING
Est. value
$2.4M
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
MEDICAL 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
1993
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
8
Bathrooms
16
Lot
1.99 ac
Current owner
From public records · entity-resolved
Quincy Ave Plaza LLC
Entity
Mailing address
485 WESTGATE DR, BROCKTON, MA 02301-1846
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2024
$2,500,000
Quincy Ave Plaza LLC
Ray Muccis INC
Deed
$1,875,000 · Rockland Trust Co
Feb 5, 1999
$2,850
Ray Muccis INC
Loring Shoppes RT
Grant Deed
related
—
Feb 22, 1996
—
Loring Shoppes RT
—
Deed Of Trust
related
$1,275,000 · First Trade Union Savings Bank
Jul 16, 1993
—
Costonis,arthur G Tr
—
Deed Of Trust
related
$1,000,000 · Hibernia Savings Bank
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 214 Quincy Ave?
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.
