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    Property profile & analytics

    324 Broadway, Unit 338 Chelsea, MA 02150-2808

    • Investment properties
    • 27,110 SF
    • 0.36 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-1609520
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • CVS Photo / Passport Photo Processor / Print Shop
    • Santander Bank ATM / Atm
    • CVS / Drug Store / Beauty Supply Store
    • CVS Pharmacy / Pharmacy
    • MoneyGram / Money Transfer Service

    Property Details for 324 Broadway

    Year built
    2008
    Construction
    STEEL FRAME
    Lot size
    0.36 lot acres
    Property size
    27,110 SF
    Zone code
    BR
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    CHEL M:029 P:043
    APU
    CHELM029P043

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Chelsea
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0364
    Latitude
    42.3918
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2019
    $98,764
    $283,900
    $5,594,100
    $5,878,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      33,045 SF

      361 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 33,045 SF
      361 Broadway, Chelsea, MA 02150
      View Details
    • Value Estimation by Request
      3,274 SF

      160 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,274 SF
      160 Broadway, Chelsea, MA 02150-2777
      View Details
    • Value Estimation by Request
      3,553 SF

      878 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,553 SF
      878 Broadway, Chelsea, MA 02150-3056
      View Details
    • Value Estimation by Request
      3,652 SF

      164 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,652 SF
      164 Broadway, Chelsea, MA 02150-2737
      View Details
    • Value Estimation by Request
      8,916 SF

      399 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 8,916 SF
      399 Broadway, Chelsea, MA 02150-2809
      View Details
    • Value Estimation by Request
      2,958 SF

      242 Everett Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,958 SF
      242 Everett Ave, Chelsea, MA 02150-1817
      View Details

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    324 Broadway, Unit 338
    Chelsea, MA 02150-2808
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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