New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,085,000
Commercial land
278 Cardinal Medeiros Ave, Cambridge, MA 02141-1920
Entity Owned
9-yr Hold
Free & Clear
Property ID
US38-1613761
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1994
Construction
STEEL FRAME
Total area
24,512 SF
Lot
0.64 ac (27,697 SF)
Zoning code
IA-1
APN
CAMB M:00039 L:00179
UPID
US38-1613761
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.09M
Owner & transaction history
Are Ma Region 58 LLC · 9 yrs held
Are Ma Region 58 LLC
since 2016
7 recorded transactions
Zoning & alternative use
IA-1 · Cambridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$167 / 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
$90,303
Tax year 2024
Assessed value
$8,633,200
Assessed 2024
Previous assessed
$8,633,200
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$8,633,200
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1994
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
24,512 SF
Lot
0.64 ac (27,697 SF)
Zoning code
IA-1
APN
CAMB M:00039 L:00179
UPID
US38-1613761
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IA-1 · Cambridge, MA
Zoning IA-1 · permitted uses
IA-1 · Cambridge, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cambridge. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1994
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
0.64 ac
Current owner
From public records · entity-resolved
Are Ma Region 58 LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 847, SAN DIEGO, CA 92108
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2016
$163,000,000
Are Ma Region 58 LLC
Dfw 4 1kendall Garage LLC
Quit Claim Deed
related
—
Nov 8, 2016
$555,000,000
Are Ma Region 59 LLC
Dwf 4 1 Kendall LLC
Quit Claim Deed
—
Jan 17, 2014
$85,000,000
Dwf 4 1 Kendall Garage
Rb Kendall Fee LLC
Quit Claim Deed
—
Jan 4, 2000
—
Eastern RT
—
Deed Of Trust
related
$300,000 · E Cambridge Savings Bank
Jul 24, 1996
—
Escape RT
—
Deed Of Trust
related
$2,260,000 · Century Bank & Trust Co
Dec 14, 1994
—
Escape RT
—
Deed Of Trust
related
$2,250,000 · Somerset Savings Bank
Nov 3, 1994
$420,000
Escape RT
Kendall Three RT
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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