Entity Owned Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2019
Construction
STEEL FRAME
Total area
17,745 SF
Lot
0.18 ac (8,002 SF)
Zoning code
BA1
APN
MELR M:0C7 P:0000070
UPID
US38-0762861
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
-
Building Supply General Contractor
-
Apartment Building
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.51M
Comparable Approach
Comparable
$4.17M
Blend (final)
Blend
$4.13M
Owner & transaction history
since 2017
7 recorded transactions
Zoning & alternative use
BA1 · Melrose, MA
Top alternative use upside
Restaurant
$5.2M
+12.4%
Auto repair, garage
$5.0M
+8.9%
Neighborhood: shopping center
$4.9M
+7.2%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 15 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.13M
Value range
$3.72M – $4.54M
±10% around blend
Estimated value / SF
$233 / SF
Confidence
High
15 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$3.72M
blend $4.13M
$4.54M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
17,745 SF
Lot area
0.18 ac
Year built
2019
Stories
3
APN
MELR M:0C7 P:0000070
Zoning
BA1
Assessed value
$7,708,700
Annual tax
$26,293
3
Income approach: direct capitalization
Partial preview
Income approach indication
$4.51M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$4.88M
@ 6.5% CAP return
$4.51M
@ 7% CAP return
$4.19M
4
Sales comparison
Partial preview
Sales approach indication
$5.25M
Weighted, 15 comps · high confidence
Evidence
15 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.9 mi away · 19,176 SF
5.2 mi away · 17,230 SF
5.8 mi away · 21,560 SF
6.1 mi away · 22,832 SF
6.4 mi away · 21,662 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.13M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 830 sales
$258
-10%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $233/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Restaurant
Gross theoretical uplift
+12%
vs current-use indication
Auto Repair, Garage
Neighborhood: Shopping Center
Retail Stores
Commercial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 15 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$7.71M
Move the market yield to see immediate price impact.
Value / SF
$434
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$486k
$9.71M
$6.94M
$5.40M
$540k
$10.79M
$7.71M
$6.00M
$594k
$11.87M
$8.48M
$6.60M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
15 found
High confidence · county-verified
Closest comparable
$6.84M
3.9 mi · Mar 2026 · $357/SF
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$26,293
Tax year 2020
Assessed value
$7,708,700
Assessed 2024
Previous assessed
$7,708,700
+0.0% YoY
Effective rate
0.34%
On assessed value
Assessed land
$847,000
Assessed improvement
$6,861,700
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2019
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
3
Units
9
Rooms
27
Bathrooms
16
Total area
17,745 SF
Lot
0.18 ac (8,002 SF)
Zoning code
BA1
APN
MELR M:0C7 P:0000070
UPID
US38-0762861
Jurisdiction
MELROSE
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
BA1 · Melrose, MAZoning BA1 · permitted uses
BA1 · Melrose, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
1
Units
9
Rooms
27
Bathrooms
16
Lot
0.18 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
BA1
Jurisdiction
Melrose, MA
Recorded code
BA1
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for BA1 in Melrose, MA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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