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Property profile & analytics
OFF-MARKET
Auto shops
385 American Legion Hwy, Revere, MA 02151-4444
Individually Owned
26-yr Hold
~
Est. High Equity
Property ID
US38-1431613
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1960
Construction
STEEL FRAME
Total area
2,142 SF
Lot
0.08 ac (3,615 SF)
Zoning code
GB
APN
REVE M:18 B:325D1 L:2
UPID
US38-1431613
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
by Request
Owner & transaction history
Alh RT · 26 yrs held
Alh RT
since 2000
7 recorded transactions
Zoning & alternative use
GB · Revere, 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 Revere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Revere 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
—
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
$12,554
Tax year 2024
Assessed value
$693,600
Assessed 2024
Previous assessed
$598,600
+15.9% YoY
Effective rate
1.81%
On assessed value
Assessed land
$414,400
Assessed improvement
$279,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1960
Construction
STEEL FRAME
Heating
SPACE
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
4
Total area
2,142 SF
Lot
0.08 ac (3,615 SF)
Zoning code
GB
APN
REVE M:18 B:325D1 L:2
UPID
US38-1431613
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · Revere, MA
Zoning GB · permitted uses
GB · Revere, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Revere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1960
Construction
STEEL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
4
Lot
0.08 ac
Current owner
From public records · entity-resolved
Alh RT
Individual
Mailing address
PO BOX 435, SOMERVILLE, MA 02143-0006
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 3, 2000
—
American Legion Hwy RT
—
Deed Of Trust
related
$23,000 · Winthrop FCU
Jan 27, 2000
$75,000
Alh RT
Mystic RT
Grant Deed
$60,000 · Wainwright Bank & Trust Co
Jan 25, 1999
$185,000
Martin L Shannon JR.
Alh T
Grant Deed
$165,000 · Zwi Kohorn
Jan 19, 1994
—
T Alh
—
Deed Of Trust
related
$75,000 · Saugus Cp Bank
May 18, 1992
$65,000
T Alh
Carnazzo RT
Grant Deed
—
Sep 26, 1991
$2,100,000
Somrock Corp
American Leg Hwy RT
Grant Deed
—
Jan 3, 1991
—
American Legion Hwy T
—
Deed Of Trust
related
$350,000 · Rose M Caruso
May 18, 1990
—
American Legn Hwy 101
—
Deed Of Trust
related
$60,000 · Zwi Kohorn
Apr 10, 1990
—
American Lgn Hwy T 101
—
Deed Of Trust
related
$100,000 · Zuckerman Family Nomi
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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