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Property profile & analytics
OFF-MARKET
Turn key restaurants
22 Adams St Chelsea, MA 02150-1403
Trust Owned
9-yr Hold
~
Est. High Equity
Property ID
US38-2375473
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,305 SF
Lot
0.07 ac (2,987 SF)
Zoning code
R1
APN
CHEL M:080 P:091
UPID
US38-2375473
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
-
Tambo 22 Peruvian Kitchen & Bar Restaurant
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
22 Adams Street Realty Trust · 9 yrs held
22 Adams Street Realty Trust
since 2016
7 recorded transactions
Zoning & alternative use
R1 · Chelsea, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Chelsea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelsea 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$9,310
Tax year 2024
Assessed value
$392,000
Assessed 2024
Previous assessed
$359,900
+8.9% YoY
Effective rate
2.38%
On assessed value
Assessed land
$163,600
Assessed improvement
$228,400
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Rooms
2
Total area
1,305 SF
Lot
0.07 ac (2,987 SF)
Zoning code
R1
APN
CHEL M:080 P:091
UPID
US38-2375473
Jurisdiction
CHELSEA
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
R1 · Chelsea, MA
Zoning R1 · permitted uses
R1 · Chelsea, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chelsea. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Rooms
2
Lot
0.07 ac
Current owner
From public records · entity-resolved
22 Adams Street Realty Trust
Trust
Mailing address
10 ADMIRALS WAY #2, CHELSEA, MA 02150-4001
Ownership since
2016
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
Aug 31, 2016
$275,000
22 Adams Street Realty Trust
Revere Beach Parkway LLC
Quit Claim Deed
—
Jun 28, 2010
$74,000
Revere Beach Parkway LLC
Denrob RT
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Feb 27, 2009
—
Denrob RT
—
Deed Of Trust
related
$125,000 · Thomas J Kehoe
Nov 2, 2006
—
RT Den Rob
—
Deed Of Trust
related
$35,000 · Richard Maronski
Mar 21, 2001
—
R T Denrob
—
Deed Of Trust
related
$45,000 · Revere Fsla
Sep 13, 2000
—
Denrob Realty Trust
—
Deed Of Trust
related
$400,000 · Revere Fsla
Apr 19, 2000
—
Deniese M Tiro
—
Deed Of Trust
related
$110,000 · Revere Fsla
Mar 30, 1999
—
Denrob RT
—
Deed Of Trust
related
$135,000 · Revere Fsla
Oct 7, 1997
—
Denrob RT
—
Deed Of Trust
related
$85,000 · Revere Fsla
Apr 11, 1997
$75,000
Denrob RT
Walters Liquor Store
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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