Property profile

563 Broadway B2 Everett, MA 02149

FOR LEASE
Investment properties
Property ID
US38-0443674
11,417 SF 0.19 ac lot Built 1972
Entity Owned 35-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1972
Construction FRAME
Total area 11,417 SF
Lot 0.19 ac (8,080 SF)
Zoning code BD
APN EVER M:L0 B:02 L:000142
UPID US38-0443674

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
  • Alternative Medicine Practice
  • Dental Office
  • Dental Office
  • Dental Office
  • Dental Office

Location

563 Broadway, Unit B2 Everett, MA 02149
Everett metro Census 342501 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
$1.61M

Owner & transaction history

since 1990
1 recorded transaction
1990
Price N/A

Zoning & alternative use

BD · Everett, MA
Zoning description

Business District is intended to promote business related uses.

General category COMMERCIAL
Top alternative use upside
Apartment house (5+ units) $2.6M +10.8%
Office building $2.5M +5.3%

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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