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Property profile & analytics
OFF-MARKET
Estimated value
$1,050,000
Showrooms
24 Muzzey St, Lexington, MA 02421-5228
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0971159
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1890
Construction
FRAME
Total area
4,864 SF
Lot
0.41 ac (17,859 SF)
Zoning code
RS
APN
LEXI M:0049 L:000045
UPID
US38-0971159
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
-
Lexington Orthodontics Dental Office
-
Patterson Tracy R DDS Dental Office
-
Frank B.Yunes & AssociatesLLC Attorneys at Law Law Firm
-
Dr. Tracy R. Patterson, DMD Dental Office
-
Du Pont & La Bonte Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$930k
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$1.05M
Owner & transaction history
John Y Campbell · 4 yrs held
John Y Campbell
since 2022
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
RS · Lexington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+8.9%
Neighborhood: shopping center
$1.4M
+7.2%
Retail stores
$1.3M
+4.3%
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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
$985,000
ML approach
$930,000
CAP Approach
CAP Return
Estimation
6%
$1,340,000
6.5%
$1,235,000
7%
$1,145,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,255,000
Current use
AUTO REPAIR, GARAGE
$1,370,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,350,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$1,310,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$1,265,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$1.05M
Range $945k – $1.16M · ±10% · vs last sale $1.15M (Jan 14 2022)
Last sale anchor
$1.15M
Jan 14 2022
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
$216 / 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
$29,330
Tax year 2024
Assessed value
$1,212,000
Assessed 2024
Previous assessed
$1,162,000
+4.3% YoY
Effective rate
2.42%
On assessed value
Assessed land
$682,000
Assessed improvement
$530,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1890
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
3
Units
2
Bathrooms
6
Total area
4,864 SF
Lot
0.41 ac (17,859 SF)
Zoning code
RS
APN
LEXI M:0049 L:000045
UPID
US38-0971159
Jurisdiction
LEXINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RS · Lexington, MA
Zoning RS · permitted uses
RS · Lexington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.4M
RETAIL STORES
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
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
1890
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
3
Buildings
1
Units
2
Bathrooms
6
Lot
0.41 ac
Current owner
From public records · entity-resolved
John Y Campbell
Individual
Mailing address
24 MUZZEY ST, LEXINGTON, MA 02421-5228
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2022
—
John Y Campbell
Muzzey T
Quit Claim Deed
related
—
Nov 29, 2012
—
T Muzzey
—
Deed Of Trust
related
$500,000 · Stoneham Savings Bank
Jul 11, 2012
$1,150,000
T Muzzey
L&w RT
Grant Deed
—
Jul 30, 2009
—
L RT
—
Deed Of Trust
related
$28,500 · Lexington Orthod LLC
Jan 29, 2002
—
L RT
—
Deed Of Trust
related
$700,000 · Northern Bank & Trust
Sep 29, 2000
—
L RT
—
Deed Of Trust
related
$584,000 · Northern Bank & Trust
Jun 5, 1997
$610,000
L RT
Koundakjian,richard
Grant Deed
$457,500 · Lexington Savings Bank
Jun 5, 1997
—
L RT
—
Deed Of Trust
related
$225,000 · Lexington Savings Bank
Apr 16, 1993
—
24 Muzzey RT
—
Deed Of Trust
related
$20,000 · Zwi Kohorn
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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