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    240 William F Mcclellan Hwy East Boston, MA 02128-1174
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    Property profile & analytics

    240 William F Mcclellan Hwy, East Boston, MA 02128-1174

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    • Showrooms
    • 23,960 SF
    • 2.28 lot acres
    Off-Market
    Last Sale May 14, 2021
    $9,188,000
    Property ID
    US38-1773034
    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.

    Value Estimations
    $9,315,000
    Show details
    Cap Rate Potential
    6.1%
    Showrooms
    Location Intelligence

    Current Use by Public Records

    • Skema Courier Inc / Courier Service / Postal Service
    • Adcom Worldwide / Freight Service / Logistics Company
    • TIME CRITICAL DELIVERIES, LLC / Shipping Company / Freight Service

    Property Details for 240 William F Mcclellan Hwy

    Year built
    1980
    Construction
    BRICK
    Lot size
    2.28 lot acres
    Zone code
    C
    Property type
    Showrooms
    APN
    EBOS W:01 P:01666 S:020
    APU
    EBOSW01P01666S020

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 28, 2023 — Cv 230-240 Mccellan LLC — Deed · related $25.5M · Rockland Trust Co
    Jun 1, 2021 — Cv 230-240 Mcclellan LLC — Deed · related $23M · Peoples United Bank
    May 14, 2021 $9,188,000 Cv 230-240 Mcclellan LLC 230-240 Mcclellan Hwy LLC Quit Claim Arm's Length For Ne States $23M · Peoples United Bank
    May 14, 2021 — 230-240 Mcclellan Hwy LLC South Terminal T Quit Claim Deed · related —
    Nov 13, 1997 — Terminal T South — Deed Of Trust · related $4.5M · Cambridgeport Savings Bank
    Oct 15, 1992 — Terminal T South — Deed Of Trust · related $700k · John Hancock Mutual Life Ins

    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $9,565,000
      ML approach
      $9,645,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $9,750,000
      6.5%
      $9,000,000
      7%
      $8,355,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,092,000
      Market price range: $4.81M - $9.65M
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $7,235,000
      Current use
      OFFICE BUILDING
      $14,725,000
      Change: +104% Conversion: Easy
      AUTO REPAIR, GARAGE
      $14,100,000
      Change: +95% Conversion: Difficult
      RETAIL STORES
      $12,875,000
      Change: +78% Conversion: Easy
      NEIGHBORHOOD: SHOPPING CENTER
      $7,905,000
      Change: +9% Conversion: Difficult
      INDUSTRIAL (GENERAL)
      $7,640,000
      Change: +6% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    East Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0165
    Latitude
    42.3888
    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
    2024
    $117,763
    $1,720,300
    $2,939,900
    $4,660,200
    -
    $0.00
    $0.00
    $0.00
    More about this property
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