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Property profile & analytics
OFF-MARKET
Estimated value
$4,830,000
Investment properties
471 High St Medford, MA 02155-3635
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US38-0984468
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1893
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
19,255 SF
Lot
0.21 ac (9,048 SF)
APN
MEDF M:L-04 B:0010
UPID
US38-0984468
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
-
Squires Store Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.62M
CAP Approach
CAP
$4.89M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.83M
Owner & transaction history
High-playstead Medford · 6 yrs held
High-playstead Medford
since 2020
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$5.6M
+17.5%
Auto repair, garage
$5.4M
+13.9%
Neighborhood: shopping center
$5.3M
+12.1%
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 Medford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Medford 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
$5,715,000
ML approach
$5,615,000
CAP Approach
CAP Return
Estimation
6%
$5,295,000
6.5%
$4,890,000
7%
$4,540,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,760,000
Current use
RESTAURANT
$5,590,000
Change: +17% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,420,000
Change: +14% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,335,000
Change: +12% · Conversion: Difficult
RETAIL STORES
$5,190,000
Change: +9% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$4,435,000
Change: -7% · Conversion: Moderate
OFFICE BUILDING
$4,345,000
Change: -9% · Conversion: Easy
Blend value · Realmo final
$4.83M
Range $4.35M – $5.31M · ±10% · vs last sale $4.80M (Feb 4 2020)
Last sale anchor
$4.80M
Feb 4 2020
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
$251 / 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
Assessed value
$4,708,300
Assessed 2024
Previous assessed
$4,876,400
-3.4% YoY
Assessed land
$562,100
Assessed improvement
$4,146,200
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1893
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Buildings
1
Stories
3
Units
11
Bathrooms
2
Total area
19,255 SF
Lot
0.21 ac (9,048 SF)
APN
MEDF M:L-04 B:0010
UPID
US38-0984468
Jurisdiction
MEDFORD
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$4.8M
RESTAURANT
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
RETAIL STORES
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.4M
OFFICE BUILDING
Est. value
$4.3M
COMMERCIAL (GENERAL) Current
RESTAURANT
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1893
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HOT WATER
Stories
3
Buildings
1
Units
11
Bathrooms
2
Lot
0.21 ac
Current owner
From public records · entity-resolved
High-playstead Medford
Individual
Mailing address
59 UN SQ, SOMERVILLE, MA 02143-3032
Ownership since
2020
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
Feb 4, 2020
$4,800,000
High-playstead Medford
John Veneziano
Quit Claim Arm's Length For Ne States
$3,350,000 · Cambridge Savings Bank
Feb 4, 2020
—
John Veneziano
471 High Street LLC
Quit Claim Deed
related
—
Dec 11, 2019
—
471 High Street LLC
—
Deed
related
$1,152,637 · Brookline Bank
Jun 30, 2006
$1,800,000
471 High Street LLC
471 High Street Jmk RT
Grant Deed
$1,350,000 · Kurker Joan Maietta T
May 19, 2000
—
471 High St. Jmk RT
—
Deed Of Trust
related
$381,500 · Century Bank & Trust Co
Nov 14, 1989
—
James K Kurker
—
Deed Of Trust
related
$261,000 · Zions First National Bank
May 13, 1988
—
Joan M Kurker
—
Deed Of Trust
related
$200,000 · Bank Five For Svgs
Jun 3, 1987
—
J K K Realty Trust
—
Deed Of Trust
related
$100,000 · Zwi Kohorn
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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