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Property profile & analytics
OFF-MARKET
Estimated value
$4,045,000
Investment properties
305 Commandants Way Chelsea, MA 02150-4057
Entity Owned
5-yr Hold
Property ID
US38-1401734
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1985
Construction
FRAME
Total area
8,152 SF
Lot
3.96 ac (172,395 SF)
Zoning code
I
APN
CHEL M:026 P:001
UPID
US38-1401734
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
-
on site dentistry Dental Office
-
Chelsea Yoga Gym & Fitness Center
-
Zipcar Freight Service Logistics Company
-
Marina at Admirals Hill Boat Storage Facility Marina
-
CHES, Inc. Charitable Organization Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.05M
Owner & transaction history
1 Amco South LLC · 5 yrs held
1 Amco South LLC
since 2021
Last sale
$4.0M
7 recorded transactions
Zoning & alternative use
I · Chelsea, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$4.5M
+79.5%
Office building
$4.4M
+75.9%
Auto repair, garage
$4.1M
+63.0%
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 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
Method
Estimation
Statistic approach
$4,130,000
ML approach
$4,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,515,000
Current use
RESTAURANT
$4,515,000
Change: +79% · Conversion: Difficult
OFFICE BUILDING
$4,425,000
Change: +76% · Conversion: Easy
AUTO REPAIR, GARAGE
$4,100,000
Change: +63% · Conversion: Difficult
RETAIL STORES
$3,105,000
Change: +23% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,755,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,640,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$4.05M
Range $3.64M – $4.45M · ±10% · vs last sale $4.00M (Jun 7 2021)
Last sale anchor
$4.00M
Jun 7 2021
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
$496 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$88,009
Tax year 2019
Assessed value
$3,991,400
Assessed 2024
Previous assessed
$3,734,100
+6.9% YoY
Effective rate
2.20%
On assessed value
Assessed land
$1,932,500
Assessed improvement
$2,058,900
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
11
Bathrooms
12
Total area
8,152 SF
Lot
3.96 ac (172,395 SF)
Zoning code
I
APN
CHEL M:026 P:001
UPID
US38-1401734
Jurisdiction
CHELSEA
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · Chelsea, MA
Zoning I · permitted uses
I · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$2.5M
RESTAURANT
Est. value
$4.5M
OFFICE BUILDING
Est. value
$4.4M
AUTO REPAIR, GARAGE
Est. value
$4.1M
RETAIL STORES
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.8M
INDUSTRIAL (GENERAL)
Est. value
$2.6M
COMMERCIAL (GENERAL) Current
RESTAURANT
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
INDUSTRIAL (GENERAL)
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
1985
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
11
Bathrooms
12
Lot
3.96 ac
Current owner
From public records · entity-resolved
1 Amco South LLC
Entity
Mailing address
91 PLAISTOW RD STE #202, PLAISTOW, NH 03865-2857
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 7, 2021
$4,000,000
1 Amco South LLC
Dev&mktg Grp Chelsea 2
Quit Claim Arm's Length For Ne States
$3,600,000 · Bank Of New Hampshire
Aug 26, 2014
—
Development&marketing Grp
—
Grant Deed
related
$500,000 · Century Bank & Trust Co
Aug 2, 2012
—
Development&market Group
—
Deed Of Trust
related
$1,150,000 · Century Bank & Trust Co
Sep 11, 2009
—
Dev & Mktng Grp Chelsea
—
Deed Of Trust
related
$500,000 · Danvers Savings Bank
Oct 5, 2007
—
Jefferson At Admrls Hl LP
—
Deed Of Trust
related
$38,685,000 · Zions First National Bank
Aug 31, 2006
$7,413,250
At Admirals Hil Jefferson
Dev & Mktng Group Chelsea
Grant Deed
$5,775,000 · Zions First National Bank
Oct 13, 2005
—
Dev & Mktng Grp Chelsea
—
Deed Of Trust
related
$2,600,000 · Century Bank & Trust Co
Jun 26, 1996
$1,450,000
Bre INC
Island End Marine INC
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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