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    Property profile & analytics

    233 Broadway Chelsea, MA 02150-2716

    • Investment properties
    • 17,384 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 25, 2025
    $20,000,000
    Location Intelligence
    Property ID
    US38-0845972
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Orion Supermarket / Grocery Store / Convenience Store
    • ATM / Atm

    Property Details for 233 Broadway

    Year built
    1900
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.09 lot acres
    Property size
    17,384 SF
    Zone code
    BR
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CHEL M:019 P:100
    APU
    CHELM019P100

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0379
    Latitude
    42.3903
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $22,985
    $510,000
    $2,241,800
    $2,751,800
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,856 SF

      67 Everett Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 5,856 SF
      67 Everett Ave, Chelsea, MA 02150-2372
      View Details
    • Value Estimation by Request
      4,183 SF

      389 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 4,183 SF
      389 Washington Ave, Chelsea, MA 02150-3601
      View Details
    • Value Estimation by Request
      11,650 SF

      99 4th St

      OFFICE/RESIDENTIAL (MIXED USE) • 11,650 SF
      99 4th St, Chelsea, MA 02150-2336
      View Details
    • Value Estimation by Request
      13,800 SF

      413 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 13,800 SF
      413 Broadway, Chelsea, MA 02150-2809
      View Details
    • Value Estimation
      $355,000
      0.10 Acres

      889 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 0.10 Acres
      889 Broadway, Chelsea, MA 02150-3058
      View Details
    • Value Estimation by Request
      3,454 SF

      749 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,454 SF
      749 Broadway, Chelsea, MA 02150-2510
      View Details

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    233 Broadway
    Chelsea, MA 02150-2716
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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