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Property profile & analytics
OFF-MARKET
Estimated value
$1,645,000
Office buildings
5 Broadway, Saugus, MA 01906-1057
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US38-0676662
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1971
Total area
16,843 SF
Lot
0.8 ac (34,957 SF)
Zoning code
NA
APN
SAUG M:018-E B:0002 L:0001
UPID
US38-0676662
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
-
SUNNY RELAX SPA Alternative Medicine Practice Spa & Massage Center
-
LaserHere Skin Care Clinic
-
Laser Hair Removal Studio Skin Care Clinic
-
Broadway Alteration (Bike/Boat/Book/etc) Store
-
Sylvia Caruso Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.75M
Blend (final)
Blend
$1.65M
Owner & transaction history
Broadway Places LLC · 8 yrs held
Broadway Places LLC
since 2018
7 recorded transactions
Zoning & alternative use
NA · Saugus, 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 Saugus submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Saugus 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.65M
Range $1.48M – $1.81M · ±10%
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
$98 / 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
$31,057
Tax year 2024
Assessed value
$1,408,500
Assessed 2024
Previous assessed
$1,408,500
+0.0% YoY
Effective rate
2.20%
On assessed value
Assessed land
$572,700
Assessed improvement
$835,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1971
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
10
Bathrooms
9
Total area
16,843 SF
Lot
0.8 ac (34,957 SF)
Zoning code
NA
APN
SAUG M:018-E B:0002 L:0001
UPID
US38-0676662
Jurisdiction
SAUGUS
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
NA · Saugus, MA
Zoning NA · permitted uses
NA · Saugus, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Saugus. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1971
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
10
Bathrooms
9
Lot
0.8 ac
Current owner
From public records · entity-resolved
Broadway Places LLC
Entity
Mailing address
5 BROADWAY, SAUGUS, MA 01906-1057
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2018
$1,150,000
Broadway Places LLC
Bzm RT
Quit Claim Arm's Length For Ne States
$745,000 · North Shore Bank
Dec 20, 2017
—
Bzm Realty Trust
—
Deed
related
$60,000 · Matthew Despins
Nov 21, 2013
—
Bzm RT
—
Deed Of Trust
related
$40,000 · Karen M Orfaly
May 22, 2012
$995,000
Bzm RT
5 Broadway RT
Grant Deed
$795,000 · Gary Needham
May 22, 2012
—
Bzm RT
—
Deed Of Trust
related
$50,000 · Gary Needham
Jul 14, 2008
—
Marie G Femmino
—
Deed Of Trust
related
$206,500 · Countrywide Bank
Dec 12, 2006
—
Broadway RT 5
—
Deed Of Trust
related
$1,625,000 · Everett Coop Bank
Sep 8, 1999
—
East West Suntaug RT
—
Deed Of Trust
related
$1,128,000 · Metrowest Bank
Nov 6, 1997
$990,000
Vandelay RT
Suntaug Office Pk Asso
Grant Deed
$850,000 · Medford Savings Bank
—
—
Bzm Realty Trust
—
Deed Of Trust
related
$60,000 · Matthew Despins
—
—
Bzm Realty Trust
—
Deed Of Trust
related
$78,750 · Matthew Despins
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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