Financial
Distress signals
Property profile

34 Essex St Melrose, MA 02176

OFF-MARKET
Grocery and convenience stores
Property ID
US38-0741273
39,542 SF 1.1 ac lot Built 1942
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$61k
Tax billed · 2024
Assessed value$3.45M
Assessed land$1.06M
Assessed improvement$2.39M
Effective rate1.77%

Value estimate

· Sep 2026
$4.49M
$4.04M – $4.94M
Sales comparison$5.54M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$270/SF
County average, outlier-cleaned · 360 recorded sales of this use type
Observed band · Q1–Q3$140 – $417

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BA1
JurisdictionMELROSE

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop12.1
Parking Facility11.3
Smoke and Vape Shop11.1

Location

34 Essex St Melrose, MA 02176-3102
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 11 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
437 Franklin, Melrose, MA 02176-1855 $450,000 Jan 2025 4,448 SF
439 Main, Melrose, MA 02176-3837 $4,900,000 Jul 2024 14,468 SF
462 Main, Melrose, MA 02176-3842 $3,700,000 Feb 2024 6,747 SF
484 Main, Melrose, MA 02176-3841 $2,000,000 Oct 2023 18,065 SF
453 Franklin, Melrose, MA 02176-1855 $1,500,000 Jul 2021 4,580 SF
360 Main, Melrose, MA 02176-4623 $2,000,000 Dec 2020 15,783 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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 34 Essex 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.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message