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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Industrial properties
46-48 Maverick Sq East Boston, MA 02128
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US38-0230739
Property summary
AI-generated overview
This exceptional three-story, 7,289 square foot retail storefront at 46-48 Maverick Square in Boston, MA (02128) presents a compelling investment opportunity. Built in 1930, this 100% occupied property sits on a 2,610 square foot lot and boasts a diverse tenant mix including national brands like Metro PCS and Verizon Wireless, alongside established local businesses. The first floor houses Metro PCS and a travel agency, while Verizon Wireless occupies a significant portion of the second floor, having invested in substantial building improvements. A local acupuncture clinic and a real estate agency occupy the remaining second and third floor spaces respectively. This prime location benefits from its proximity to the MBTA Blue Line's Maverick station (within walking distance), Boston Logan International Airport (under 10 minutes by car), and numerous large-scale developments currently underway in the area. The property's strong tenancy, transit-oriented location, and surrounding growth potential make it an attractive investment in a high-barrier-to-entry submarket. The asking price is $3,150,000.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Lot
0.03 ac (1,305 SF)
Zoning code
I
APN
EBOS W:01 P:05677 S:000
UPID
US38-0230739
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
$1.86M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.94M
Owner & transaction history
4648 Msq LLC · 4 yrs held
4648 Msq LLC
since 2022
Last sale
$2.1M
5 recorded transactions
Zoning & alternative use
I · East 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 East Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs East 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
Method
Estimation
Statistic approach
$1,780,000
ML approach
$1,855,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±10% · vs last sale $2.05M (Jun 29 2022)
Last sale anchor
$2.05M
Jun 29 2022
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
—
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
$13,736
Tax year 2024
Assessed value
$543,550
Assessed 2024
Previous assessed
$554,850
-2.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$129,900
Assessed improvement
$413,650
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Heating
NONE
Buildings
1
Lot
0.03 ac (1,305 SF)
Zoning code
I
APN
EBOS W:01 P:05677 S:000
UPID
US38-0230739
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
I · East Boston, MAZoning I · permitted uses
I · East Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Heating
NONE
Buildings
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
4648 Msq LLC
Entity
Mailing address
1495 HANCOCK ST FL, QUINCY, MA 02169-5229
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2022
$2,050,000
4648 Msq LLC
Bazarian Brothers LLC
Quit Claim Arm's Length For Ne States
$2,075,000 · First Boston Construction Holdings
Jul 29, 2010
$726,000
Bazarian Brothers LLC
T B Diamond INC
Grant Deed
$550,000 · East Boston Savings Bank
Apr 3, 2009
—
Tb Diamond INC
—
Deed Of Trust
related
$120,000 · Stephen K Glickman
Apr 30, 1993
—
Edmard RT
—
Deed Of Trust
related
$145,000 · East Boston Savings Bank
Jan 8, 1990
—
Edmark RT
—
Deed Of Trust
related
$120,000 · East Boston Savings Bank
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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