Technical
Financial
Distress signals
Property profile

263 Commercial St Malden, MA 02148

OFF-MARKET
Office buildings
Property ID
US38-1041780
10,064 SF 0.68 ac lot Built 1977
Entity Owned 11-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1977
Construction STEEL FRAME
Total area 10,064 SF
Lot 0.68 ac (29,765 SF)
Zoning code I2
APN MALD M:057 B:231 L:101
UPID US38-1041780

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
  • Painting Service General Contractor
  • Adult Day Care
  • Home Health Care Service

Location

263 Commercial St Malden, MA 02148-6708
Malden metro Census 341301 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.83M

Owner & transaction history

since 2015
5 recorded transactions
2022
Price N/A
2015
$1.3M
1999
Price N/A
1992
Price N/A
1988
Price N/A

Zoning & alternative use

I2 · Malden, MA
Top alternative use upside
Restaurant $2.9M +32.6%
Auto repair, garage $2.8M +28.6%
Neighborhood: shopping center $2.8M +26.6%

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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