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Property profile & analytics
OFF-MARKET
Estimated value
$3,645,000
Office buildings
270 Un St, Lynn, MA 01901-1348
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-1638907
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Construction
STEEL FRAME
Total area
25,496 SF
Lot
0.47 ac (20,480 SF)
Zoning code
CBD
APN
LYNN M:082 B:617 L:011
UPID
US38-1638907
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
-
Junior Charles Home Health Care Service
-
Laura A. O'Meara, LICSW Foster Care Service Social Service Agency
-
Serving People In Need Inc Social Service Agency Charitable Organization
-
Jessica Mccabe Pharmacy
-
Stevelyn Chisick Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.08M
Blend (final)
Blend
$3.65M
Owner & transaction history
Rcg Silsbee LLC · 11 yrs held
Rcg Silsbee LLC
since 2014
7 recorded transactions
Zoning & alternative use
CBD · Lynn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$5.6M
+6.0%
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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$5,320,000
Current use
RETAIL STORES
$5,640,000
Change: +6% · Conversion: Moderate
Blend value · Realmo final
$3.65M
Range $3.28M – $4.01M · ±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
$143 / 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
$44,410
Tax year 2024
Assessed value
$2,200,700
Assessed 2024
Previous assessed
$2,200,700
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$316,200
Assessed improvement
$1,884,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
1
Total area
25,496 SF
Lot
0.47 ac (20,480 SF)
Zoning code
CBD
APN
LYNN M:082 B:617 L:011
UPID
US38-1638907
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
CBD · Lynn, MA
Zoning CBD · permitted uses
CBD · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$5.3M
RETAIL STORES
Est. value
$5.6M
OFFICE BUILDING Current
RETAIL STORES
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
1970
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Rcg Silsbee LLC
Entity
Mailing address
17 IVALOO ST STE #100, SOMERVILLE, MA 02143-3658
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2025
—
Lynn Cmnty Health Ctr Bld
—
Deed
related
$7,200,000 · Cambridge Savings Bank
Oct 7, 2014
$2,150,000
Rcg Silsbee LLC
Pbe Co LLC
Quit Claim Deed
related
—
Aug 28, 2014
$1,503,000
Pbe Companies LLC
Baldwin Realty LLC
Foreclosure
related
—
Dec 2, 2010
—
Baldwin Realty LLC
—
Deed Of Trust
related
$1,200,000 · Sovereign Bank
Oct 6, 2003
—
Baldwin Realty LLC
—
Deed Of Trust
related
$5,767,000 · Danvers Savings Bank
Feb 27, 2003
—
Baldwin Realty LLC
—
Deed Of Trust
related
$75,000 · Economic Development
Feb 26, 2003
—
Baldwin Rlty LLC
—
Deed Of Trust
related
$75,000 · Economic Development
Aug 9, 2002
$1,860,000
Baldwin Realty LLC
Eastern Bk
Grant Deed
$1,725,000 · North Shore Bank
Aug 9, 2002
—
Baldwin Realty LLC
—
Deed Of Trust
related
$600,000 · North Shore Bank
May 31, 2000
—
James Frati JR.
—
Deed Of Trust
related
$120,000 · Gary Needham
—
—
Rcg Silsbee LLC
—
Deed Of Trust
related
$3,700,000 · Rockland Tr
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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