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Property profile & analytics
OFF-MARKET Estimated value $510,000
Retail space

533 Broadway Revere, MA 02151-3036

5,499 SF 0.16 ac lot Built 1930
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US38-1807710
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Construction FRAME
Total area 5,499 SF
Lot 0.16 ac (6,795 SF)
Zoning code GB
APN REVE M:16 B:262-263 L:11
UPID US38-1807710
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
$485k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$510k
Owner & transaction history
529 Broadway LLC · 4 yrs held
529 Broadway LLC
since 2022
Last sale
$540,000
4 recorded transactions
2022
Price N/A
2015
Price N/A
2012
$540,000
2000
$215,000
Zoning & alternative use
GB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In the CB, NB, GB business districts, micro and macro telecommunications facilities shall be allowed by special permit authorized by the Revere city council following design review approval. Monopole towers up to a height of forty feet are permitted by special permit authorized by the Revere city council following design review approval. Monopole towers up t…

Zone name General Business
General category COMMERCIAL
Zone area 150.16 ac
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