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Property profile & analytics
OFF-MARKET
Turn key restaurants
490 Revere Bch Blvd, Revere, MA 02151
Individually Owned
30-yr Hold
~
Est. High Equity
Property ID
US38-1127809
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1948
Construction
FRAME
Total area
5,996 SF
Lot
0.57 ac (24,873 SF)
Zoning code
RC1
APN
REVE M:11 B:192Q191 L:51A
UPID
US38-1127809
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
by Request
Owner & transaction history
Revere Bch Blvd RT 492 · 30 yrs held
Revere Bch Blvd RT 492
since 1995
5 recorded transactions
Zoning & alternative use
RC1 · Revere, 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 Revere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Revere 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$27,260
Tax year 2024
Assessed value
$1,506,100
Assessed 2024
Previous assessed
$1,296,600
+16.2% YoY
Effective rate
1.81%
On assessed value
Assessed land
$914,100
Assessed improvement
$592,000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1948
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
1
Bathrooms
4
Total area
5,996 SF
Lot
0.57 ac (24,873 SF)
Zoning code
RC1
APN
REVE M:11 B:192Q191 L:51A
UPID
US38-1127809
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
RC1 · Revere, MA
Zoning RC1 · permitted uses
RC1 · Revere, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Revere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1948
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
1
Bathrooms
4
Lot
0.57 ac
Current owner
From public records · entity-resolved
Revere Bch Blvd RT 492
Individual
Mailing address
333 PROSPECT AVE, REVERE, MA 02151-3817
Ownership since
1995
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
Oct 26, 2006
—
Revere Beach Boulevard RT
—
Deed Of Trust
related
$200,000 · East Boston Savings Bank
Sep 13, 2005
—
Beach Boulevard Re Revere
—
Deed Of Trust
related
$905,000 · East Boston Savings Bank
Jul 3, 1997
—
Revere Bch Blvd RT 492
—
Deed Of Trust
related
$350,000 · East Boston Savings Bank
Mar 19, 1996
—
Revere Bch Blvd RT
—
Deed Of Trust
related
$320,000 · Investors Realty T
Nov 9, 1995
$371,329
Revere Bch Blvd RT 492
Pempem INC
Grant Deed
$320,000 · Zeger Corp Pension Trust
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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