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    Property profile & analytics

    5 Ward St Revere, MA 02151-1319

    • Retail properties
    • 121,232 SF
    • 13.88 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Mar 02, 2021
    $26,938,824
    Location Intelligence
    Property ID
    US38-1796763
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail properties

    Property Details for 5 Ward St

    Year built
    2008
    Construction
    STEEL FRAME
    Lot size
    13.88 lot acres
    Property size
    121,232 SF
    Zone code
    I
    Property type
    Retail properties
    APN
    REVE M:27 B:446445F L:1A
    APU
    REVEM27B446445FL1A

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Revere
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0049
    Latitude
    42.4241
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $486,590
    $13,397,900
    $13,485,500
    $26,883,400
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      450,000 SF

      40 Furlong Dr

      Retail properties • 450,000 SF
      40 Furlong Dr, Revere, MA 02151
      View Details
    • Value Estimation by Request
      121,320 SF

      40 Furlong Dr

      Lifestyle centers • 121,320 SF
      40 Furlong Dr, Revere, MA 02151
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    • Value Estimation by Request
      21,898 SF

      147 Squire Rd

      DEPARTMENT STORE • 21,898 SF
      147 Squire Rd, Revere, MA 02151-1201
      View Details
    • Value Estimation by Request
      3,658 SF

      Ocean View Ave

      Restaurants • 3,658 SF
      0 Ocean View Ave, Revere, MA 02151
      View Details
    • Value Estimation by Request
      3,658 SF

      646 Ocean Ave

      Restaurants • 3,658 SF
      646 Ocean Ave, Revere, MA 02151
      View Details
    • Value Estimation by Request
      0.53 Acres

      32 Naples Rd

      PARKING LOT • 0.53 Acres
      32 Naples Rd, Revere, MA 02151
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      450,000 SF

      Revere Retail Space: Suffolk Downs

      Prime Revere retail space available.
      40 Furlong Dr, Revere, MA 02151
      View Details
    • $130 SF/Yr

      Revere Parking Space For Rent

      Parking spaces available near Revere Beach Station for compact cars.
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    • $1,500 /Mo

      Office with Full Kitchen

      Office space with full kitchen, suitable for catering business.
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    • $26 SF/Yr

      Connected Coastal Commercial Space

      Accessible commercial space near public transport and major developments.
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      Ocean Ave Retail Spaces

      Revere, MA: Prime Retail Opportunity
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    • Contact for pricing
      121,320 SF

      Revere Retail Center Opportunity

      High-traffic shopping center, 2 suites available.
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    Property Visit Statistics

    • Visits by month
      128.8k
    • Visitors by month
      83.1k
    • Avg Time on site
      32 min
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    5 Ward St
    Revere, MA 02151-1319
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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