Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

246 Border St 260 East Boston, MA 02128

OFF-MARKET
Grocery and convenience stores
Property ID
US38-1347145
49,565 SF 11.06 ac lot Built 1998
Last sale Jun 2016
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Property summary

AI-generated overview

This exceptional 2.13-acre commercial land parcel presents a unique investment opportunity in Boston's vibrant waterfront district. Located at 246 Border Street, in the desirable 02128 zip code, this property is zoned WMU (Waterfront Mixed-Use Subdistricts) within Suffolk County, Massachusetts, offering significant development potential. The single-tenant designation provides flexibility for a variety of commercial uses, catering to businesses seeking a prominent location with high visibility.…

Ownership intelligence

Who controls the opportunity?

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

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$243k
Tax billed · 2024
Assessed value$9.61M
Assessed land$6.40M
Assessed improvement$3.21M
Effective rate2.53%

Value estimate

· Oct 2026
$12.02M
$10.81M – $13.22M
CAP approach$12.31M
Submarket $/SF estimate$8.21M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$537/SF
Submarket average, outlier-cleaned · 81 recorded sales of this use type
Observed band · Q1–Q3$195 – $999

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?
C
JurisdictionBOSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply92.3
Realty agency71.3
Wholesale Shop68.0

Location

246 Border St, Unit 260 East Boston, MA 02128-1618
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
969 Bennington, East Boston, MA 02128-1134 $7,100,000 Oct 2023 18,930 SF
276 Border, East Boston, MA 02128 $2,250,000 Oct 2022 12,782 SF
975-977 Saratoga, East Boston, MA 02128 $2,000,000 Jul 2020 7,650 SF
98 Condor, East Boston, MA 02128-1306 $2,125,000 May 2019 32,922 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 246 Border St, Unit 260?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again