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Property profile & analytics
OFF-MARKET Estimated value $2,290,000
Office buildings

51 Montvale Ave Stoneham, MA 02180-2417

8,250 SF 0.92 ac lot Built 2013
Entity Owned 16-yr Hold ~ Est. High Equity
Property ID
US38-1291130
Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2013
Construction STEEL FRAME
Total area 8,250 SF
Lot 0.92 ac (39,870 SF)
Zoning code HB
APN STON M:17 B:000 L:253
UPID US38-1291130
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
$2.42M
Blend (final) Blend
$2.29M
Owner & transaction history
51 Montvale LLC · 16 yrs held
51 Montvale LLC
since 2010
5 recorded transactions
2012
Price N/A
2010
$975,000
2009
Price N/A
2005
$1
1988
Price N/A
Zoning & alternative use
HB · Stoneham, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

USE CATEGORY RA RB B CB HB C1 C2 MOR FM U MU See Additional Use Standards Restaurant P P P P P SP P or SPA/ SP P or SPA/ SP 4.4.2.F Retail, unless otherwise defined P or SPA/ SP P or SP A P or SPA/ SP P or SPA/ SP P or SPA/ SP - P P 4.4.2.G Sexually oriented business - - - - - - SPA/ SP - - - 4.4.2.H INSTITUTIONAL AND RECREA TIONAL USES Conference center - -…

Zone name Highway Business
General category COMMERCIAL
Zone area 91.57 ac
Top alternative use upside
Restaurant $2.4M +32.6%
Auto repair, garage $2.3M +28.6%
Neighborhood: shopping center $2.3M +26.6%
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