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Property profile & analytics
OFF-MARKET
Industrial properties
284 Eastern Ave, Chelsea, MA 02150-3308
Entity Owned
1-yr Hold
Free & Clear
Property ID
US38-1612075
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1981
Construction
STEEL FRAME
Total area
22,000 SF
Lot
1.22 ac (53,290 SF)
Zoning code
INDUST
APN
CHEL M:050 P:014
UPID
US38-1612075
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
-
LTI Worldwide Limousine Bus Charter Chauffeur Service
-
Oil Store Grocery & Convenience Store
-
Detail Kingz Auto Care, Repair & Roadside Assistance Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Energizar Storage LLC · 1 yrs held
Energizar Storage LLC
since 2025
Last sale
$20.0M
5 recorded transactions
Zoning & alternative use
INDUST · Chelsea, 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 Chelsea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Chelsea 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
—
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 2020Property tax & assessments
Tax year 2020
Tax billed
$67,379
Tax year 2020
Assessed value
$3,296,700
Assessed 2024
Previous assessed
$2,819,700
+16.9% YoY
Effective rate
2.04%
On assessed value
Assessed land
$848,900
Assessed improvement
$2,447,800
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Buildings
2
Stories
1
Total area
22,000 SF
Lot
1.22 ac (53,290 SF)
Zoning code
INDUST
APN
CHEL M:050 P:014
UPID
US38-1612075
Jurisdiction
CHELSEA
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
INDUST · Chelsea, MA
Zoning INDUST · permitted uses
INDUST · Chelsea, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Chelsea. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1981
Construction
STEEL FRAME
Heating
FORCED AIR
Stories
1
Buildings
2
Lot
1.22 ac
Current owner
From public records · entity-resolved
Energizar Storage LLC
Entity
Free & Clear · 1 yrs held
Mailing address
284 EASTERN AVE, CHELSEA, MA 02150-3308
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 14, 2025
$200,000
Energizar Storage LLC
284 Eastern Chelsea LLC
Deed
—
Jan 14, 2025
$20,000,000
Energizar Storage LLC
284 Eastern Chelsea LLC
Deed
—
Dec 23, 2016
$5,750,000
N River Eastern Ave LLC
North River 6 LLC
Quit Claim Deed
—
Nov 14, 2016
$4,500,000
North River 6 LLC
284 Eastern Avenue LLC
Quit Claim Arm's Length For Ne States
—
May 5, 2016
—
284 Eastern Avenue LLC
Burke,dennia K
Quit Claim Deed
related
—
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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