Financial
Distress signals
Property profile

218 Broadway 230 Chelsea, MA 02150

OFF-MARKET
Investment properties
Property ID
US38-0833395
26,008 SF 0.28 ac lot Built 1920
Last sale Dec 2022 · $6,625,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
Saved · see the list in your Dashboard
Market Trends Soon
Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2019

What does the county charge?

$60k
Tax billed · 2019
Assessed value$6.27M
Assessed land$270k
Assessed improvement$6.00M
Effective rate0.95%
Value estimate · Sep 2026
$7.87M
$7.08M – $8.65M
AI approach$7.23M
CAP approach$5.59M

Realmo valuation models over county records and 16 qualifying comparable sales.

Recently sold

What actually traded nearby?

$309/SF
ZIP average, outlier-cleaned · 30 recorded sales of this use type
Observed band · Q1–Q3$149 – $426
Qualifying comparables16
Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?

BR
The purpose of the BR district is to provide a downtown area with the range of business sales and services which generally constitute a c...
General categoryCOMMERCIAL
JurisdictionCHELSEA
Location intelligence

Which uses thrive at this corner?

Best fit: Gym & Fitness
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Gym & Fitness12.4
HVAC Service10.8
Smoke and Vape Shop10.6

Location

218 Broadway, Unit 230 Chelsea, MA 02150-2738
County assessor Recorded deeds · 8 transfers 16 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 218 Broadway, Unit 230?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message