Property profile

261 Belmont St 267 Belmont, MA 02478

OFF-MARKET
Retail space
Property ID
US38-1543409
3,240 SF 0.09 ac lot
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Total area 3,240 SF
Lot 0.09 ac (3,716 SF)
Zoning code LB3
APN BELM M:02 P:000140 S:
UPID US38-1543409

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop

Location

261 Belmont St, Unit 267 Belmont, MA 02478-3749
Belmont metro Census 357300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
$715k
Comparable Approach Comparable
$736k
Blend (final) Blend
$525k

Owner & transaction history

since 2020
2 recorded transactions
2023
Price N/A
2020
$1.6M

Zoning & alternative use

LB3 · Belmont, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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