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Property profile & analytics
OFF-MARKET
Industrial properties
400 Dorchester Ave, South Boston, MA 02127-2407
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-1688262
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1964
Construction
STEEL FRAME
Total area
12,740 SF
Lot
0.75 ac (32,596 SF)
Zoning code
I
APN
SBOS W:07 P:00271 S:001
UPID
US38-1688262
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
-
World Seafood Processing Restaurant
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
Lmde16 LLC · 4 yrs held
Lmde16 LLC
since 2022
Last sale
$420,000
7 recorded transactions
Zoning & alternative use
I · South Boston, 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 South Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Boston 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
$23,900
Tax year 2024
Assessed value
$945,800
Assessed 2024
Previous assessed
$945,800
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$757,500
Assessed improvement
$188,300
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1964
Construction
STEEL FRAME
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
12,740 SF
Lot
0.75 ac (32,596 SF)
Zoning code
I
APN
SBOS W:07 P:00271 S:001
UPID
US38-1688262
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · South Boston, MA
Zoning I · permitted uses
I · South Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Boston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.75 ac
Current owner
From public records · entity-resolved
Lmde16 LLC
Entity
Mailing address
100 FRNT ST, WORCESTER, MA 01608-1425
Ownership since
2022
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
Mar 23, 2022
—
Lmde16 LLC
Last Mile Boston LLC
Quit Claim Deed
related
—
Jul 14, 2017
$8,650,000
Dot Square Partners 2 LLC
Kadaex Trust
Quit Claim Deed
$1,700,000 · Dimitrios Exarchos
Jun 25, 2014
—
Kadaex RT
—
Deed Of Trust
related
$192,000 · John Athanasopoulos
Mar 14, 2007
—
Kadaex RT
—
Deed Of Trust
related
$550,000 · Mercantile Bank & Trust Co
Dec 5, 2005
—
Kadaex RT
—
Deed Of Trust
related
$100,000 · Mercantile Bank & Trust Co
Sep 1, 1993
$575,000
Kadaex RT
Emerald Two INC
Grant Deed
$517,500 · Mercantile Bank & Trust Co
Sep 1, 1993
$420,000
Emerald Two INC
Tso RT
Grant Deed
—
—
—
Dot Square Ptrs 2 LLC
—
Deed Of Trust
related
$711,965 · Cpif Wtb LLC
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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