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Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Retail space
315 Lynnway, Lynn, MA 01901-1808
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-2192803
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1930
Construction
FRAME
Total area
5,822 SF
Lot
0.3 ac (12,963 SF)
Zoning code
WF1
APN
LYNN M:067 B:745 L:018
UPID
US38-2192803
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
-
Lynn Motor Sales Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$845k
Owner & transaction history
315 Lynnway LLC · 17 yrs held
315 Lynnway LLC
since 2009
7 recorded transactions
Zoning & alternative use
WF1 · Lynn, 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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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
RETAIL STORES
$1,290,000
Current use
OFFICE BUILDING
$1,215,000
Change: -6% · Conversion: Easy
Blend value · Realmo final
$845k
Range $761k – $930k · ±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
$145 / 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
$13,103
Tax year 2024
Assessed value
$649,300
Assessed 2024
Previous assessed
$649,300
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$458,700
Assessed improvement
$190,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1930
Construction
FRAME
Heating
HOT WATER
Buildings
1
Stories
1
Units
2
Total area
5,822 SF
Lot
0.3 ac (12,963 SF)
Zoning code
WF1
APN
LYNN M:067 B:745 L:018
UPID
US38-2192803
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
WF1 · Lynn, MA
Zoning WF1 · permitted uses
WF1 · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.2M
RETAIL STORES Current
OFFICE BUILDING
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
1930
Construction
FRAME
Heating
HOT WATER
Stories
1
Buildings
1
Units
2
Lot
0.3 ac
Current owner
From public records · entity-resolved
315 Lynnway LLC
Entity
Mailing address
315 LYNNWAY, LYNN, MA 01901-1808
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2010
—
315 Lynnway LLC
—
Deed Of Trust
related
$150,000 · New Bost Capital Corp
Apr 22, 2010
—
315 Lynnway LLC
—
Deed Of Trust
related
$250,000 · New Bost Capital Corp
Jun 23, 2009
$249,000
315 Lynnway LLC
Lynnway Auto Repairs&used
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
May 17, 2007
—
Auto Repairs Lynn
—
Deed Of Trust
related
$210,000 · Primecap LLC
Jul 2, 2004
—
Lynnway Auto Repairs
—
Deed Of Trust
related
$100,000 · Worth Funding INC
Jul 20, 1999
$350,000
Lynn Auto Repaires
Rob Co RT
Grant Deed
$295,000 · Zwi Kohorn
Jul 20, 1999
—
Lynnway Auto Reparis
—
Deed Of Trust
related
$295,000 · Myron Roberts
Aug 14, 1989
—
Rob Co RT
—
Deed Of Trust
related
$135,000 · Shore Bk & Tr Co
—
—
315 Lynnway LLC
—
Deed Of Trust
related
$430,000 · East Boston Svgs Bk
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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