Property profile

571 1st St 591 South Boston, MA 02127

OFF-MARKET
Auto shops
Property ID
US38-0906676
40,848 SF 1.44 ac lot Built 1950
Entity Owned 3-yr Hold Free & Clear
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1950
Construction BRICK
Total area 40,848 SF
Lot 1.44 ac (62,864 SF)
Zoning code C
APN SBOS W:06 P:03422 S:000
UPID US38-0906676

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

571 1st St, Unit 591 South Boston, MA 02127-1612
South Boston metro Census 60501 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
$17.08M
Blend (final) Blend
$22.16M

Owner & transaction history

since 2023
Last sale
$23.5M
3 recorded transactions
2024
Price N/A
2023
$23.5M
2023
$19.4M

Zoning & alternative use

C · South Boston, MA
Top alternative use upside
Restaurant $27.5M +14.4%
Office building $25.1M +4.5%

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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