Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,815,000
Warehouses
30 Alston St Somerville, MA 02143-2102
Individually Owned
30-yr Hold
~
Est. High Equity
Property ID
US38-1517067
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
16,578 SF
Lot
0.47 ac (20,664 SF)
Zoning code
BB
APN
SOME M:93 B:D L:8
UPID
US38-1517067
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
-
Flagraphics Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.82M
Owner & transaction history
30-40 Allston St. RT · 30 yrs held
30-40 Allston St. RT
since 1996
7 recorded transactions
Zoning & alternative use
BB · Somerville, 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 Somerville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Somerville 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
WAREHOUSE, STORAGE
$2,410,000
Current use
Blend value · Realmo final
$1.82M
Range $1.63M – $2.00M · ±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
$109 / 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
$25,194
Tax year 2024
Assessed value
$1,384,300
Assessed 2024
Previous assessed
$1,344,100
+3.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$672,200
Assessed improvement
$712,100
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Buildings
1
Stories
1
Units
4
Total area
16,578 SF
Lot
0.47 ac (20,664 SF)
Zoning code
BB
APN
SOME M:93 B:D L:8
UPID
US38-1517067
Jurisdiction
SOMERVILLE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BB · Somerville, MAZoning BB · permitted uses
BB · Somerville, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
WAREHOUSE, STORAGE Current
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
1890
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Stories
1
Buildings
1
Units
4
Lot
0.47 ac
Current owner
From public records · entity-resolved
30-40 Allston St. RT
Individual
Mailing address
30 ALSTON ST, SOMERVILLE, MA 02143-2102
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2019
—
30-40 Allston St Trust
—
Deed
related
$625,000 · Naveo Cu
Mar 22, 2018
—
30-40 Alston Street Realty Trust
—
Deed
related
$500,000 · Naveo Cu
Oct 7, 2009
—
30-40 Allston Street RT
—
Deed Of Trust
related
$200,000 · Cambridge Portgs Cu
Dec 20, 2005
—
30-40 Allston St. RT
—
Deed Of Trust
related
$230,000 · Northern Bank & Trust
Feb 26, 1998
—
30-40 Allston St. RT
—
Deed Of Trust
related
$50,000 · Northern Bank & Trust
Feb 1, 1996
$235,000
30-40 Allston St. RT
National Bk Of Greece
Grant Deed
$226,250 · Northern Bank & Trust
Aug 7, 1995
$160,000
National Bk Of Greece
Marmanides,amarantos
Grant Deed
related
—
May 16, 1990
—
Amarantos Marmanides
—
Deed Of Trust
related
$350,000 · Natl Bk Greece
Jul 1, 1988
—
Michael Marmanides
—
Deed Of Trust
related
$210,000 · Natl Bk Greece
Feb 23, 1988
—
Michael Marmanides
—
Deed Of Trust
related
$200,000 · Natl Bk Greece
—
—
30-40 Allston St Trust
—
Deed Of Trust
related
$625,000 · Naveo Cu
—
—
30-40 Alston Street Realty Trust
—
Deed Of Trust
related
$500,000 · Naveo Cu
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 30 Alston St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
