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Property profile & analytics
OFF-MARKET
Estimated value
$19,165,000
Auto shops
449 Cambridge St, Allston, MA 02134-2010
Entity Owned
4-yr Hold
Free & Clear
Property ID
US38-1515916
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1910
Construction
BRICK
Total area
25,148 SF
Lot
0.54 ac (23,357 SF)
Zoning code
C
APN
ALLS W:22 P:01827 S:000
UPID
US38-1515916
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
-
Bond-Pro (Bike/Boat/Book/etc) Store Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$16.60M
Blend (final)
Blend
$19.17M
Owner & transaction history
Em 449 Cambridge LLC · 4 yrs held
Em 449 Cambridge LLC
since 2021
Last sale
$19.8M
7 recorded transactions
Zoning & alternative use
C · Allston, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.9M
+14.4%
Office building
$15.5M
+4.5%
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 Allston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Allston 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
Method
Estimation
Statistic approach
$20,555,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$14,795,000
Current use
RESTAURANT
$16,920,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$15,455,000
Change: +4% · Conversion: Difficult
RETAIL STORES
$13,515,000
Change: -9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,115,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$19.17M
Range $17.25M – $21.08M · ±10% · vs last sale $19.75M (Dec 30 2021)
Last sale anchor
$19.75M
Dec 30 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$762 / 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
$130,216
Tax year 2024
Assessed value
$5,153,000
Assessed 2024
Previous assessed
$5,153,000
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$1,924,800
Assessed improvement
$3,228,200
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1910
Construction
BRICK
Heating
NONE
Buildings
1
Stories
2
Units
2
Total area
25,148 SF
Lot
0.54 ac (23,357 SF)
Zoning code
C
APN
ALLS W:22 P:01827 S:000
UPID
US38-1515916
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Allston, MA
Zoning C · permitted uses
C · Allston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Allston. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$14.8M
RESTAURANT
Est. value
$16.9M
OFFICE BUILDING
Est. value
$15.5M
RETAIL STORES
Est. value
$13.5M
COMMERCIAL (GENERAL)
Est. value
$12.1M
AUTO REPAIR, GARAGE Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Construction
BRICK
Heating
NONE
Stories
2
Buildings
1
Units
2
Lot
0.54 ac
Current owner
From public records · entity-resolved
Em 449 Cambridge LLC
Entity
Free & Clear · 4 yrs held
Mailing address
100 W MATSONFORD RD #250, RADNOR, PA 19087-4558
Ownership since
2021
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
Dec 30, 2021
$19,750,000
Em 449 Cambridge LLC
Apl 449 Cambridge Owner
Quit Claim Arm's Length For Ne States
—
Nov 5, 2019
$10,000,000
Alp 449 Cambridge Owner
Delta
Quit Claim Deed
$6,500,000 · Bank Of New England
Aug 17, 2017
—
Delta Realty Trust
—
Deed
related
$500,000 · Anchor Line Ptrs
Apr 6, 2011
—
Delta RT
—
Deed Of Trust
related
$805,000 · Walpole Coop Bank
Mar 14, 2001
—
R T Delta
—
Deed Of Trust
related
$400,000 · Lawrence Savings Bank
Apr 17, 1998
$1,446,000
Delta RT
Boston Food Coop INC
Grant Deed
$1,144,000 · Lawrence Savings Bank
May 12, 1987
—
Boston Food Co-op INC
—
Deed Of Trust
related
$120,000 · Bankboston Development Co LLC
—
—
Delta Realty Trust
—
Deed Of Trust
related
$500,000 · Anchor Line Ptrs
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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