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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Showrooms
250 Lee Burbank Hwy Revere, MA 02151-4096
Entity Owned
18-yr Hold
Free & Clear
Property ID
US38-0382429
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1975
Construction
STEEL FRAME
Total area
8,643 SF
Lot
0.54 ac (23,740 SF)
Zoning code
I
APN
REVE M:7 B:120A L:2
UPID
US38-0382429
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
250 Lee Burbank Hwy LLC · 18 yrs held
250 Lee Burbank Hwy LLC
since 2008
4 recorded transactions
Zoning & alternative use
I · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Revere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Revere 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$128 / 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
$24,218
Tax year 2024
Assessed value
$1,338,000
Assessed 2024
Previous assessed
$1,188,900
+12.5% YoY
Effective rate
1.81%
On assessed value
Assessed land
$890,200
Assessed improvement
$447,800
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1975
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
8,643 SF
Lot
0.54 ac (23,740 SF)
Zoning code
I
APN
REVE M:7 B:120A L:2
UPID
US38-0382429
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Revere, MA
Zoning I · permitted uses
I · Revere, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Revere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.54 ac
Current owner
From public records · entity-resolved
250 Lee Burbank Hwy LLC
Entity
Free & Clear · 18 yrs held
Mailing address
1222 BENNINGTON ST, EAST BOSTON, MA 02128-1268
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2008
$1,150,000
250 Lee Burbank Hwy LLC
Jdk RT
Grant Deed
—
Jan 6, 1995
$500,000
Jdk RT
Norris,arthur JR
Grant Deed
$400,000 · Gary Needham
Sep 2, 1992
$40,000
Arthur Norris JR.
Santella William P Est
Grant Deed
—
Nov 2, 1987
—
Arthur L Norris JR.
—
Deed Of Trust
related
$120,000 · Shawmut Bank Of Boston
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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