Property profile

375 Broadway 377 Revere, MA 02151

OFF-MARKET
Investment properties
Property ID
US38-2396483
6,154 SF 0.07 ac lot Built 1900
Individually Owned 3-yr Hold
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1900
Construction FRAME
Total area 6,154 SF
Lot 0.07 ac (3,049 SF)
Zoning code CB
APN REVE M:16 B:259 L:19
UPID US38-2396483

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Grocery & Convenience Store
  • Restaurant
  • Bank Credit Union
  • Real Estate Agency

Location

375 Broadway, Unit 377 Revere, MA 02151-3029
Revere metro Census 170601 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.90M
CAP Approach CAP
$1.32M
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.84M

Owner & transaction history

since 2023
Last sale
$1.7M
5 recorded transactions
2024
Price N/A
2023
$1.7M
2013
Price N/A
1994
Price N/A
1988
Price N/A

Zoning & alternative use

CB · Revere, MA
Zoning description

In the CB, NB, GB business districts, micro and macro telecommunications facilities shall be allowed by special permit authorized by the Revere city council following design review approval. Monopole towers up to a heigh…

General category COMMERCIAL
Top alternative use upside
Retail stores $2.3M +32.1%
Neighborhood: shopping center $2.1M +17.2%
Industrial (general) $2.0M +12.4%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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