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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Showrooms
27 Muzzey St, Lexington, MA 02421-5226
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-1799592
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1940
Construction
FRAME
Total area
3,842 SF
Lot
0.32 ac (13,745 SF)
Zoning code
RS
APN
LEXI M:0049 L:00064A
UPID
US38-1799592
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
-
Feinmann, Inc. Hardware & Home Improvement Kitchen & Bath Showroom
-
Lex Smiles PC Dental Office
-
Lex Smiles Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$975k
Comparable Approach
Comparable
$1.02M
Blend (final)
Blend
$960k
Owner & transaction history
27 Muzzey Street LLC · 17 yrs held
27 Muzzey Street LLC
since 2009
6 recorded transactions
Zoning & alternative use
RS · Lexington, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+8.9%
Neighborhood: shopping center
$1.1M
+7.2%
Retail stores
$1.0M
+4.3%
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 Lexington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lexington 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,055,000
6.5%
$975,000
7%
$905,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$995,000
Current use
AUTO REPAIR, GARAGE
$1,080,000
Change: +9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,065,000
Change: +7% · Conversion: Difficult
RETAIL STORES
$1,035,000
Change: +4% · Conversion: Easy
OFFICE BUILDING
$1,000,000
Change: +0% · Conversion: Easy
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$250 / 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
$29,403
Tax year 2024
Assessed value
$1,215,000
Assessed 2024
Previous assessed
$1,167,000
+4.1% YoY
Effective rate
2.42%
On assessed value
Assessed land
$663,000
Assessed improvement
$552,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
1940
Construction
FRAME
Heating
HOT WATER
Cooling
YES
Buildings
1
Stories
2
Units
2
Rooms
1
Total area
3,842 SF
Lot
0.32 ac (13,745 SF)
Zoning code
RS
APN
LEXI M:0049 L:00064A
UPID
US38-1799592
Jurisdiction
LEXINGTON
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
RS · Lexington, MA
Zoning RS · permitted uses
RS · Lexington, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lexington. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.1M
RETAIL STORES
Est. value
$1.0M
OFFICE BUILDING
Est. value
$1.0M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1940
Construction
FRAME
Heating
HOT WATER
Cooling
Yes
Stories
2
Buildings
1
Units
2
Rooms
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
27 Muzzey Street LLC
Entity
Mailing address
89 OAKLAND AVE, ARLINGTON, MA 02476-5950
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2009
$1
27 Muzzey Street LLC
Feinmann15215 Parking T
Grant Deed
—
Jul 2, 2007
$1,275,000
Feinmann 15215 Parking
Kayn RT
Deed
$1,725,000 · Td Banknorth Mtg Grp
Jan 4, 2005
$57,500
Kayn RT
Winnetucket RT
Grant Deed
—
Sep 16, 2003
—
L RT
—
Deed Of Trust
related
$775,000 · Northern Bank & Trust
Nov 5, 1999
—
Kayn RT
—
Deed Of Trust
related
$500,000 · Medford Capital Bank
Feb 4, 1993
—
Kayn RT
—
Deed Of Trust
related
$325,500 · Lexington Savings Bank
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.
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