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Financial
Distress signals
Property profile

567 Fellsway Medford, MA 02155

FOR SALE
Retail space
Property ID
US38-0536123
2,552 SF 0.16 ac lot Built 1999
Last sale Jan 1988 · $120,000
Individually Owned Owner of record is an individual. 38-yr Hold Held for 38 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This corner retail property consists of a flexible two-story building configured to provide three separate retail spaces, totaling approximately 2,233 square feet, situated on a 7,155 square foot lot. The building is located at the prominent intersection of Revere Beach Parkway (Route 16) and Fellsway (Route 28), with direct access from two curb cuts. It includes twelve deeded parking spaces to support customer and tenant parking needs. The interior arrangement is adaptable for a variety of…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$20k
Tax billed · 2024
Assessed value$1.19M
Assessed land$761k
Assessed improvement$430k
Effective rate1.64%

Value estimate

· Oct 2026
$465k
$419k – $512k
AI approach$370k
NOI build-up
Gross scheduled income$44k
Vacancy & credit loss−$3k
Operating expenses−$12k
NOI · 1.80% cap applied$29k

Realmo valuation models over county records and 14 qualifying comparable sales.

Recently sold

What actually traded nearby?
$270/SF
County average, outlier-cleaned · 360 recorded sales of this use type
Observed band · Q1–Q3$140 – $417
Qualifying comparables14

Cap rate analysis

How does the asset earn?
1.80%
$29k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMEDFORD

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm25.4
Pawn Shop11.2
Acupuncture10.5

Location

567 Fellsway Medford, MA 02155
County assessor Recorded deeds · 1 transfer 14 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
368 Main, Medford, MA 02155-6156 $700,000 Nov 2023 2,379 SF
39 Salem, Medford, MA 02155-3205 $178,125 Sep 2022 3,033 SF
440 Salem, Medford, MA 02155-3344 $810,000 Apr 2022 3,000 SF
133 Main, Medford, MA 02155-4522 $3,800,000 Dec 2021 2,796 SF
178 Winthrop, Medford, MA 02155-7126 $600,000 Jun 2021 2,380 SF
365 Salem, Medford, MA 02155-3340 $460,000 Sep 2020 2,052 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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