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Financial
Distress signals
Property profile

239 Commercial St Malden, MA 02148

OFF-MARKET
Other industrial properties
Property ID
US38-0744170
29,230 SF 1.06 ac lot Built 1970
Last sale Sep 1992 · $542,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This versatile industrial facility is configured for warehouse, distribution, and light manufacturing use, with high-clear ceiling heights and open floor plans that support operational flexibility. The building includes multiple drive-in and dock-high loading doors, generous in-unit storage space, and direct access to designated loading areas. It has robust utility capacity, and provides ample on-site parking. The property is located within Malden’s industrial corridor, offering connectivity to…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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.

Debts

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 · 2017

What does the county charge?
$38k
Tax billed · 2017
Assessed value · 2024$2.57M
Assessed land$1.02M
Assessed improvement$1.55M
Effective rate1.46%

Value estimate

· Oct 2026
$4.07M
$3.66M – $4.47M

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$219/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$117 – $292
Qualifying comparables15

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?
I2
JurisdictionMALDEN

Location intelligence

Which uses thrive at this corner?
Best fit: Garden Center
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Garden Center11.3
Pawn Shop10.9
Acupuncture9.2

Location

239 Commercial St Malden, MA 02148-6721
County assessor Recorded deeds · 13 transfers 15 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 recorded sales · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
197 Commercial, Malden, MA 02148-6708 $15,400,000 Dec 2024 31,059 SF
185 Commercial, Malden, MA 02148-6708 $15,400,000 Dec 2024 19,728 SF
129 Commercial, Malden, MA 02148-6706 $21,000,000 Feb 2023 45,920 SF
420 Pearl St Ste, Malden, MA 02148-6697 $668,000 Jan 2023 17,375 SF
60 Winter, Malden, MA 02148-1426 $14,100,000 Aug 2021 48,351 SF
40 Faulkner, Malden, MA 02148-4209 $340,000 Jun 2021 20,748 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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