Property profile

525 Broadway Somerville, MA 02145

OFF-MARKET
Commercial land
Property ID
US38-0338841
0.05 ac lot
Individually Owned 30-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.05 ac (2,395 SF)
APN MEDF M:Z-10 B:0001
UPID US38-0338841

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
  • Car Dealership

Location

525 Broadway Somerville, MA 02145-2503
Somerville metro Census 350300 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 1996
5 recorded transactions
2007
Price N/A
2000
Price N/A
1996
$36,000
1994
$25,000
1992
Price N/A

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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