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Property profile & analytics
OFF-MARKET
Estimated value
$1,485,000
Retail properties & Spaces
392 Hancock St, Quincy, MA 02171-2468
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US38-0843779
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
9,765 SF
Lot
0.25 ac (10,971 SF)
Zoning code
BUSB
APN
QUIN M:6031 B:8 L:50
UPID
US38-0843779
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
-
NewStar Community Art School 新 星 藝 術 學 校 Vocational School Training Center
-
Yin Yin Convenience Store LLC Grocery & Convenience Store
-
Statewide Realty Real Estate Agency
-
Commonwealth Real Estate Specialist Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.49M
Owner & transaction history
Lucas Hl Property LLC · 10 yrs held
Lucas Hl Property LLC
since 2015
7 recorded transactions
Zoning & alternative use
BUSB · Quincy, 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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
$152 / 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
$34,833
Tax year 2024
Assessed value
$1,551,600
Assessed 2024
Previous assessed
$1,551,600
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$390,600
Assessed improvement
$1,161,000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
4
Rooms
4
Bathrooms
4
Total area
9,765 SF
Lot
0.25 ac (10,971 SF)
Zoning code
BUSB
APN
QUIN M:6031 B:8 L:50
UPID
US38-0843779
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSB · Quincy, MA
Zoning BUSB · permitted uses
BUSB · Quincy, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quincy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1910
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
4
Rooms
4
Bathrooms
4
Lot
0.25 ac
Current owner
From public records · entity-resolved
Lucas Hl Property LLC
Entity
Mailing address
6 POPE ST, QUINCY, MA 02171-2521
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2022
—
Lucas Hl Property LLC
—
Deed
related
$6,336,000 · Clinton Savings Bank
Jan 12, 2017
—
Lucas Hl Property LLC
—
Deed
related
$2,775,000 · Bank Of Canton
Oct 1, 2015
$1,600,000
Lucas Hl Property LLC
Kennedy Hancock LLC
Quit Claim Deed
$1,120,000 · Bank Of Canton
May 13, 2008
$1
Kennedy Hancock LLC
Hancock T
Grant Deed
—
Mar 18, 1996
—
Hancock Trust
—
Deed Of Trust
related
$280,000 · Hibernia Savings Bank
Nov 2, 1989
—
Kennedy,paul K Tr
—
Deed Of Trust
related
$580,000 · Haymarket Cp Bk
Apr 21, 1988
$575,000
Hancock Trust
Carlin,a Michael
Grant Deed
$460,000 · Bankboston Development Co LLC
—
—
Lucas Hl Property LLC
—
Deed Of Trust
related
$2,775,000 · Bank Of Canton
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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