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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Super regional malls
338 Talbot Ave 348 Dorchester Center, MA 02124-3502
Entity Owned
12-yr Hold
~
Est. High Equity
Property ID
US38-1164105
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1930
Construction
BRICK
Total area
6,484 SF
Lot
0.09 ac (3,999 SF)
Zoning code
C
APN
DORC W:17 P:00690 S:000
UPID
US38-1164105
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
338-348 Talbot Ave LLC · 12 yrs held
338-348 Talbot Ave LLC
since 2013
5 recorded transactions
Zoning & alternative use
C · Dorchester Center, 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 Dorchester Center submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dorchester Center 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$174 / 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
$23,536
Tax year 2024
Assessed value
$931,400
Assessed 2024
Previous assessed
$940,100
-0.9% YoY
Effective rate
2.53%
On assessed value
Assessed land
$282,400
Assessed improvement
$649,000
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1930
Construction
BRICK
Heating
NONE
Buildings
1
Stories
2
Units
3
Total area
6,484 SF
Lot
0.09 ac (3,999 SF)
Zoning code
C
APN
DORC W:17 P:00690 S:000
UPID
US38-1164105
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Dorchester Center, MA
Zoning C · permitted uses
C · Dorchester Center, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dorchester Center. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1930
Construction
BRICK
Heating
NONE
Stories
2
Buildings
1
Units
3
Lot
0.09 ac
Current owner
From public records · entity-resolved
338-348 Talbot Ave LLC
Entity
Mailing address
344 TALBOT AVE #204, DORCHESTER, MA 02124-3502
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2020
—
338-348 Talbot Ave LLC
—
Deed
related
$1,400,000 · Mansfield Cooperative Bank
Dec 12, 2016
—
338-348 Talbot Ave LLC
—
Deed
related
$1,000,000 · Endeavor Cap
Nov 27, 2013
$400,000
338-348 Talbot Ave LLC
S&t T
Quit Claim Deed
$547,000 · East Boston Savings Bank
—
—
338-348 Talbot Ave LLC
—
Deed Of Trust
related
$300,000 · Norfolk Capital Inv
—
—
338-348 Talbot Ave LLC
—
Deed Of Trust
related
$1,000,000 · Endeavor Cap
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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