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    Property profile & analytics

    379 Broadway, Unit 385 Somerville, MA 02145-1501

    • Investment properties
    • 73,712 SF
    • 0.94 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US38-2079851
    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

    • Investment properties

    Property Details for 379 Broadway

    Year built
    1921
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.94 lot acres
    Property size
    73,712 SF
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SOME M:47 B:G L:11
    APU
    SOMEM47BGL11

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Somerville
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0972
    Latitude
    42.3954
    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
    2024
    $0.00
    $2,609,200
    $14,390,700
    $16,999,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.13 Acres

      7 George St

      OFFICE/RESIDENTIAL (MIXED USE) • 0.13 Acres
      7 George St, Somerville, MA 02145-3467
      View Details
    • Value Estimation by Request
      2,453 SF

      53 Main St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,453 SF
      53 Main St, Somerville, MA 02145-1448
      View Details
    • Value Estimation by Request
      3,010 SF

      396 Medford St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,010 SF
      396 Medford St, Somerville, MA 02145-3820
      View Details
    • Value Estimation by Request
      3,628 SF

      94 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,628 SF
      94 Broadway, Somerville, MA 02145-3233
      View Details
    • Value Estimation by Request
      5,549 SF

      192 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 5,549 SF
      192 Broadway, Somerville, MA 02145-3130
      View Details
    • Value Estimation by Request
      34,369 SF

      400 Mystic Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 34,369 SF
      400 Mystic Ave, Somerville, MA 02145-1988
      View Details

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    Similar Nearby for Lease

    • $35 SF/Yr

      Brookline Village Office/Commercial Suite

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    • Contact for pricing
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      High-visibility retail or restaurant space near Assembly Row.
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      2,600 SF

      Assembly Square Restaurant Opportunity

      Restaurant space available in thriving Assembly Square neighborhood in 2024.
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      10,000 SF

      Somerville Industrial Space Available

      Industrial space in Winter Hill neighborhood, close to I-93.
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    • $5,000 /Mo

      Winter Hill Office Space Available

      Second-floor office space with reception, offices, kitchen, and parking.
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      View Details
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    379 Broadway, Unit 385
    Somerville, MA 02145-1501
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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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