Property profile

438th Somerville Ave Somerville, MA 02143

OFF-MARKET
Showrooms
Property ID
US38-0222566
18,140 SF 0.37 ac lot Built 1890
Entity Owned 17-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1890
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 18,140 SF
Lot 0.37 ac (16,317 SF)
Zoning code IA
APN SOME M:64 B:A L:4
UPID US38-0222566

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

438th Somerville Ave Somerville, MA 02143-3215
Somerville metro Census 351204 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
$2.49M

Owner & transaction history

since 2009
5 recorded transactions
2011
Price N/A
2009
$1
2008
Price N/A
2004
$1.5M
1987
Price N/A

Zoning & alternative use

IA · Somerville, MA

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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