Property profile

514 Medford St Somerville, MA 02145

OFF-MARKET
Retail space
Property ID
US38-0639686
4,680 SF 0.12 ac lot Built 1930
Individually Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 4,680 SF
Lot 0.12 ac (5,115 SF)
Zoning code NB
APN SOME M:32 B:C L:8
UPID US38-0639686

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • Take-out & Catering Catering Service

Location

514 Medford St Somerville, MA 02145-2657
Somerville metro Census 350300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$695k

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2004
Price N/A
1991
Price N/A
1988
Price N/A

Zoning & alternative use

NB · Somerville, MA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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