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Property profile & analytics
OFF-MARKET
Estimated value
$5,005,000
Retail space
215 Bch St Malden, MA 02148-6223
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-1771688
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1999
Construction
STEEL FRAME
Total area
17,592 SF
Lot
1.04 ac (45,437 SF)
APN
MALD M:169 B:535 L:513
UPID
US38-1771688
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
-
FedEx OnSite Postal Service Courier Service
-
COVID-19 Drive-Thru Testing at Walgreens Pharmacy
-
Cardtronics ATM Atm
-
Western Union Bank Credit Union
-
Angela Coleman Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.09M
CAP Approach
CAP
$3.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.01M
Owner & transaction history
Malden Wall LLC · 3 yrs held
Malden Wall LLC
since 2022
Last sale
$5.0M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.1M
+7.7%
Auto repair, garage
$5.0M
+4.4%
Neighborhood: shopping center
$4.9M
+2.8%
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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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
$5,365,000
ML approach
$5,085,000
CAP Approach
CAP Return
Estimation
6%
$4,215,000
6.5%
$3,890,000
7%
$3,610,000
Alternative Use
Use
Estimation
RETAIL STORES
$4,740,000
Current use
RESTAURANT
$5,105,000
Change: +8% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,950,000
Change: +4% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$4,875,000
Change: +3% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$4,055,000
Change: -15% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,855,000
Change: -19% · Conversion: Easy
OFFICE BUILDING
$3,850,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$5.01M
Range $4.50M – $5.51M · ±10% · vs last sale $4.97M (Jul 20 2022)
Last sale anchor
$4.97M
Jul 20 2022
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
$285 / 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
$50,012
Tax year 2024
Assessed value
$2,747,900
Assessed 2024
Previous assessed
$2,747,900
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$942,800
Assessed improvement
$1,805,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
5
Total area
17,592 SF
Lot
1.04 ac (45,437 SF)
APN
MALD M:169 B:535 L:513
UPID
US38-1771688
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.7M
RESTAURANT
Est. value
$5.1M
AUTO REPAIR, GARAGE
Est. value
$5.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.9M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1999
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
5
Lot
1.04 ac
Current owner
From public records · entity-resolved
Malden Wall LLC
Entity
Mailing address
12 LEITNER WAY, MIDDLETON, MA 01949-1693
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 20, 2022
$3,310,000
Malden Wall LLC
Georgetown Cap Malden LLC
Quit Claim Arm's Length For Ne States
$4,600,000 · Rollstone Bank & Trust
Jul 20, 2022
$4,965,000
Malden Wall LLC
Georgetown Cap Malden LLC
Quit Claim Arm's Length For Ne States
$4,600,000 · Rollstone Bank & Trust
Aug 30, 2018
$5,350,000
Georgetown Capital Mal
167 West Main Street L
Quit Claim Arm's Length For Ne States
$4,050,000 · East Boston Savings Bank
Oct 3, 2013
$5,825,000
167 W Main Street LLC
Twin City Real Estate LLC
Quit Claim Deed
$4,368,000 · Randolph Savings Bank
Feb 4, 2002
$4,914,700
Twin City Real Est LLC
Malden Washington LLC
Grant Deed
$12,400,000 · Bear Stevens Funding
Jan 15, 1999
$700,000
Malden Washington LLC
Devincentis Ft
Grant Deed
—
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.
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