Property profile

3 Furlong Dr Revere, MA 02151

OFF-MARKET
Warehouses
Property ID
US38-1026530
17,098 SF 8.5 ac lot Built 2005
Entity Owned 23-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2005
Construction STEEL FRAME
Total area 17,098 SF
Lot 8.5 ac (370,260 SF)
Zoning code TED
APN REVE M:6 B:120B L:16A
UPID US38-1026530

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
  • Postal Service Courier Service

Location

3 Furlong Dr Revere, MA 02151-4005
Revere metro Census 981502 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
$2.03M

Owner & transaction history

since 2002
4 recorded transactions
2024
Price N/A
2004
Price N/A
2004
Price N/A
2002
$350,000

Zoning & alternative use

TED · Revere, MA
Zoning description

TED district; or (2) erected, constructed, placed, altered, converted or otherwise changed without the issuance of a special permit issued by the city council; or (3) erected, constructed, placed, altered or converted if…

General category INDUSTRIAL
Top alternative use upside
Restaurant $2.6M +296.7%
Office building $2.4M +267.0%
Retail stores $2.3M +242.8%

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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