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Property profile & analytics
OFF-MARKET Estimated value $5,420,000
Office buildings

452 Broadway Revere, MA 02151

25,911 SF 0.44 ac lot Built 2000
Entity Owned 28-yr Hold ~ Est. High Equity
Property ID
US38-1213428
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2000
Construction STEEL FRAME
Total area 25,911 SF
Lot 0.44 ac (19,036 SF)
Zoning code CB
APN REVE M:24 B:391 L:35
UPID US38-1213428
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.42M
Owner & transaction history
Hamel Mgmt Group · 28 yrs held
Hamel Mgmt Group
since 1998
5 recorded transactions
2002
Price N/A
2001
Price N/A
1999
Price N/A
1998
$86,000
1987
Price N/A
Zoning & alternative use
CB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the CB, NB, GB business districts, micro and macro telecommunications facilities shall be allowed by special permit authorized by the Revere city council following design review approval. Monopole towers up to a height of forty feet are permitted by special permit authorized by the Revere city council following design review approval. Monopole towers up t…

Zone name Central Business
General category COMMERCIAL
Zone area 21.03 ac
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