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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Retail space
24 Main St Saugus, MA 01906-2306
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-0704451
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1920
Total area
3,051 SF
Lot
0.23 ac (10,171 SF)
Zoning code
NA
APN
SAUG M:008-E B:0014 L:0033
UPID
US38-0704451
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
-
Bagley and Ragucci Construction, Inc. Construction Company General Contractor
-
LBI Garage Door Repair Building Supply General Contractor
-
Bagley & Ragucci Construction Inc. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
$770k
Comparable Approach
Comparable
$475k
Blend (final)
Blend
$775k
Owner & transaction history
Little Rascals Hldg Co Ll · 2 yrs held
Little Rascals Hldg Co Ll
since 2024
Last sale
$835,000
5 recorded transactions
Zoning & alternative use
NA · Saugus, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$785,000
+15.6%
Auto repair, garage
$730,000
+7.7%
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 Saugus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saugus 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
Method
Estimation
Statistic approach
$720,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
$835,000
6.5%
$770,000
7%
$715,000
Alternative Use
Use
Estimation
RETAIL STORES
$680,000
Current use
OFFICE BUILDING
$785,000
Change: +16% · Conversion: Easy
AUTO REPAIR, GARAGE
$730,000
Change: +8% · Conversion: Difficult
COMMERCIAL (GENERAL)
$555,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $835k (Apr 26 2024)
Last sale anchor
$835k
Apr 26 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$254 / SF
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
$10,633
Tax year 2024
Assessed value
$482,200
Assessed 2024
Previous assessed
$482,200
+0.0% YoY
Effective rate
2.21%
On assessed value
Assessed land
$346,500
Assessed improvement
$135,700
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1920
Heating
FORCED AIR
Buildings
1
Stories
2
Bathrooms
2
Total area
3,051 SF
Lot
0.23 ac (10,171 SF)
Zoning code
NA
APN
SAUG M:008-E B:0014 L:0033
UPID
US38-0704451
Jurisdiction
SAUGUS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
NA · Saugus, MAZoning NA · permitted uses
NA · Saugus, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$680,000
OFFICE BUILDING
Est. value
$785,000
AUTO REPAIR, GARAGE
Est. value
$730,000
COMMERCIAL (GENERAL)
Est. value
$555,000
RETAIL STORES Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1920
Heating
FORCED AIR
Stories
2
Buildings
1
Bathrooms
2
Lot
0.23 ac
Current owner
From public records · entity-resolved
Little Rascals Hldg Co Ll
Entity
Mailing address
38 MAIN ST, SAUGUS, MA 01906-2356
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2024
$835,000
Little Rascals Hldg Co Ll
Keith A Littlefield
Quit Claim Arm's Length For Ne States
$589,687 · Newburyport Five Cents Savings Bank
Jul 26, 2024
—
Little Rascals Hldg Co
—
Deed
related
$100,000 · Newburyport Five Cents Savings Bank
Jun 24, 2020
$560,000
Keith A Littlefield
Serafina Cleaning Town
Quit Claim Arm's Length For Ne States
—
Aug 31, 2016
$400,000
Serafina Cleaning Town
Memmolo Brothers RT
Quit Claim Arm's Length For Ne States
$300,000 · Salem Five Cents Savings Bank
—
—
Bono Trust
—
Deed Of Trust
related
$110,000 · Eastern Bk
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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