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Property profile & analytics
OFF-MARKET
Turn key restaurants
570 Broadway, Revere, MA 02151-3041
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US38-1859316
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1950
Construction
STEEL FRAME
Total area
3,259 SF
Lot
0.24 ac (10,585 SF)
Zoning code
GB
APN
REVE M:24 B:406 L:20
UPID
US38-1859316
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Touma&elias Rlty Grp LLC · 11 yrs held
Touma&elias Rlty Grp LLC
since 2014
7 recorded transactions
Zoning & alternative use
GB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Revere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Revere submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$20,167
Tax year 2024
Assessed value
$1,114,200
Assessed 2024
Previous assessed
$904,900
+23.1% YoY
Effective rate
1.81%
On assessed value
Assessed land
$461,000
Assessed improvement
$653,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1950
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
2
Bathrooms
5
Total area
3,259 SF
Lot
0.24 ac (10,585 SF)
Zoning code
GB
APN
REVE M:24 B:406 L:20
UPID
US38-1859316
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · Revere, MA
Zoning GB · permitted uses
GB · Revere, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Revere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1950
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
2
Bathrooms
5
Lot
0.24 ac
Current owner
From public records · entity-resolved
Touma&elias Rlty Grp LLC
Entity
Mailing address
PO BOX 16, REVERE, MA 02151-0001
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2024
—
Touma & Elias Rlty Grp
—
Deed
related
$1,705,000 · Savings Bank Trust
Mar 29, 2022
—
Touma&elias Rlty Grp
—
Deed
related
$1,705,000 · Savings Bank Trust
Aug 15, 2014
—
Touma&elias Rlty Grp LLC
570 Broadway RT
Quit Claim Deed
related
$725,000 · East Boston Savings Bank
Oct 20, 2011
—
570 Broadway RT
—
Deed Of Trust
related
$730,000 · East Boston Savings Bank
Dec 7, 2010
—
570 Broadway RT
—
Grant Deed
related
$500,600 · East Boston Savings Bank
Jul 15, 2008
—
570 Broadway RT
—
Deed Of Trust
related
$1,310,000 · East Boston Savings Bank
Jul 19, 2007
—
570 Broadway RT
—
Deed Of Trust
related
$350,000 · East Boston Savings Bank
Feb 8, 2005
—
RT 570 Broadway
—
Deed Of Trust
related
$510,000 · East Boston Savings Bank
Aug 22, 2002
$480,000
RT 570 Broadway
Hallmark Health Prop
Grant Deed
$384,000 · East Boston Savings Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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