40 Squire Rd Revere, MA 02151-1314
If the proposed site is zoned RA, RA1, RB, RB1, RC, RC1, RC2 or RC3 and there are alternative sites in zoning districts NB, GB, GB1, CB, HB, TED, LI, IP or PDD1 or PDD2, the applicants must justify why those alternative sites have not been proposed. The city council will review with special care justifications that appeal only to undue expense and/or to undu…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GB1 · Revere, MAIf the proposed site is zoned RA, RA1, RB, RB1, RC, RC1, RC2 or RC3 and there are alternative sites in zoning districts NB, GB, GB1, CB, HB, TED, LI, IP or PDD1 or PDD2, the applicants must justify why those alternative sites have not been proposed. The city council will review with special care justifications that appeal only to undue expense and/or to undue difficulties in entering into a lease agreement. The city council shall carefully weigh such claims, and the evidence presented in favor of them, against a project's negative impacts at the proposed site. ii. Applicants must identify all existing towers and all towers for which there are applications currently on file with the city council and the inspector. Applicants must provide evidence of the lack of space of all suitable existing towers to locate the proposed antenna and the lack of space on existing tower sites to construct a tower for the proposed antenna. If colocation on any such towers would result in less visual impact than the visual impact of the proposed tower, applicants must justify why such colocation is not being proposed. If colocation on any tower would increase negative visual impact, then the applicant must so state and demonstrate. The city council will review with special care justifications that appeal only to undue expense and/or undue expense and/or undue difficulties in entering into a lease agreement. The city council shall carefully weigh such claims, and the evidence presented in favor of them, against a project's negative impacts at the proposed site. iii. In all zones, applicants must demonstrate that they cannot provide personal wireless communication service without the use of a telecommunication tower. iv. The applicant shall quantify the additional tower capacity anticipated, including the approximate number and types of antennae. The applicant shall provide a drawing for each tower showing existing and proposed antennae locations. The applicant shall also describe any limitations on the ability of the tower to accommodate other uses, e.g., radio frequency interference, mass height, frequency or other characteristics. The applicant shall describe the technical options available to overcome those limitations and reasons why the technical options considered were not chosen to be incorporated. The city council shall approve those limitations if they cannot be overcome by reasonable technical means. v. The applicant must provide a utilities inventory showing the locations of all water, sewage, drainage and power lines impacting the proposed tower site. d.
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.