Technical
Financial
Distress signals
Property profile

388 Pleasant St Malden, MA 02148

OFF-MARKET
Office buildings
Property ID
US38-2302530
13,830 SF 0.43 ac lot Built 1968
Entity Owned 8-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1968
Construction STEEL FRAME
Total area 13,830 SF
Lot 0.43 ac (18,879 SF)
Zoning code RO
APN MALD M:030 B:134 L:414
UPID US38-2302530

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
  • Medical Clinic
  • Spa & Massage Center
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • Dental Office
  • Counselor

Location

388 Pleasant St Malden, MA 02148-3534
Malden metro Census 341200 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.80M

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2016
Price N/A
2013
Price N/A
2008
Price N/A
2004
$1.2M

Zoning & alternative use

RO · Malden, MA
Zoning description

Residential Office (RO) Districts Neighborhood Business (BN) Districts Central Business (BC) Districts Highway Business (BH) Districts Industrial (I) Districts Reclamation and Redevelopment Districts Rowe's Quarry Reclam…

General category MIXED_USE
Top alternative use upside
Restaurant $4.0M +32.6%
Auto repair, garage $3.9M +28.6%
Neighborhood: shopping center $3.8M +26.6%

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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