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Property profile & analytics
OFF-MARKET
Office Spaces

216 Bch St 1 Revere, MA 02151-5013

1,172 SF Built 1900
Trust Owned 10-yr Hold Free & Clear
Property ID
US38-1704210
Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1900
Construction FRAME
Total area 1,172 SF
Zoning code NB
APN REVE M:16 B:259 L:52 U:1
UPID US38-1704210
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Units 1 & 6 Carnegie Hse Re Trust · 10 yrs held
Units 1 & 6 Carnegie Hse Re Trust
since 2015
4 recorded transactions
2015
Price N/A
2013
$1
2007
$210,000
1987
$137,000
Zoning & alternative use
NB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In residential districts RA, RA1, RB, RB1, RC, RC1, RC2 and RC3 and neighborhood business district NB, and commercial districts GB and CB, no accessory structure shall be used for the commercial storage of hazardous materials, as defined by the building inspector, or flammable and/or toxic materials. 2. In all instances, in all zoning districts, accessory st…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 32.46 ac
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