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Property profile & analytics
OFF-MARKET Estimated value $615,000
Automotive properties

259 Mcgrath Hwy Somerville, MA 02143-3417

162,551 SF 2.27 ac lot Built 1987
Individually Owned 29-yr Hold ~ Est. High Equity
Property ID
US38-1089488
Property profile
Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1987
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 162,551 SF
Lot 2.27 ac (98,881 SF)
Zoning code IA
APN SOME M:94 B:C L:2
UPID US38-1089488
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
  • Herb Chambers Companies Car Dealership
  • Mercedes-Benz of Boston Car Dealership
  • Smart Center - Service Center of Boston Car Dealership
  • Herb Chambers Maybach Service Auto Repair Shop Vehicle Inspection Center
  • Mercedes-Benz of Boston Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$615k
Owner & transaction history
Herb Chambers Somervll · 29 yrs held
Herb Chambers Somervll
since 1996
6 recorded transactions
2012
Price N/A
2011
Price N/A
1996
$6.1M
1990
Price N/A
1988
Price N/A
1987
Price N/A
Zoning & alternative use
IA · Somerville, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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