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Property profile & analytics
OFF-MARKET
Estimated value
$6,440,000
Grocery and convenience stores
340 Riv St Cambridge, MA 02139-4618
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US38-2272866
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
2001
Construction
STEEL FRAME
Total area
40,800 SF
Lot
1.8 ac (78,591 SF)
Zoning code
BA-2
APN
CAMB M:00128 L:00072
UPID
US38-2272866
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
-
Whole Foods Market Grocery & Convenience Store Food Market
-
Pico Restaurant
-
WFM Coffee Bar Cafe & Coffee Shop
-
Amazon Locker - Riverstreet Postal Service Courier Service
-
Sandwich Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.44M
Owner & transaction history
7978 CCB 33 LLC
7978 CCB 33 LLC
Zoning & alternative use
BA-2 · Cambridge, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of the BA-2 district is to promote office of a physician, dentist or other medical practitioner not located in a clinic, real estate, insurance or other agency office, general office use, bank, trust company or similar financial institution, temporary outdoor retail or consumer service use
Zone name
Business A 2
General category
COMMERCIAL
Zone area
50.76 ac
Source
Realmo
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 Cambridge submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cambridge 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
APARTMENT HOUSE (5+ UNITS)
$9,400,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$6.44M
Range $5.80M – $7.08M · ±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
$158 / 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
$231,756
Tax year 2024
Assessed value
$22,156,400
Assessed 2024
Previous assessed
$22,156,400
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$16,575,100
Assessed improvement
$5,581,300
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
2001
Construction
STEEL FRAME
Heating
CENTRAL
Buildings
1
Stories
2
Units
1
Total area
40,800 SF
Lot
1.8 ac (78,591 SF)
Zoning code
BA-2
APN
CAMB M:00128 L:00072
UPID
US38-2272866
Jurisdiction
CAMBRIDGE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BA-2 · Cambridge, MAZoning BA-2 · permitted uses
BA-2 · Cambridge, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of the BA-2 district is to promote office of a physician, dentist or other medical practitioner not located in a clinic, real estate, insurance or other agency office, general office use, bank, trust company or similar financial institution, temporary outdoor retail or consumer service use
Zone name
Business A 2
General category
COMMERCIAL
Zone area
50.76 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.4M
APARTMENT HOUSE (5+ UNITS)
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
2001
Construction
STEEL FRAME
Heating
CENTRAL
Stories
2
Buildings
1
Units
1
Lot
1.8 ac
Current owner
From public records · entity-resolved
7978 CCB 33 LLC
Entity
Free & Clear · 0 yrs held
Mailing address
7978 COOPER CRK BLVD, UNIVERSITY PARK, FL 34201-2139
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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