590 Revere Bch Pkwy Revere, MA 02151-3930
TED district; or (2) erected, constructed, placed, altered, converted or otherwise changed without the issuance of a special permit issued by the city council; or (3) erected, constructed, placed, altered or converted if it is within three hundred feet of the line of any lot which itself contains either an adult entertainment establishment, adult bookstore,…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
TED · Revere, MATED district; or (2) erected, constructed, placed, altered, converted or otherwise changed without the issuance of a special permit issued by the city council; or (3) erected, constructed, placed, altered or converted if it is within three hundred feet of the line of any lot which itself contains either an adult entertainment establishment, adult bookstore, adult video store, adult motion picture theater or adult advertising signs or devices. C. Special permit considerations for adult entertainment establishments and adult motion picture theaters. A special permit may be granted for any adult entertainment establishment or adult motion picture theater if the following conditions are fully satisfied: 1. Adult entertainment establishments and adult motion picture theaters may not be located less than one thousand feet from the nearest lot line of: each other; public or private nursery schools; public or private day care centers; public or private kindergartens; public or private elementary schools; public or private secondary schools; playgrounds and houses of worship. 2. A ten-foot wide landscaped strip shall be provided along the property line fronting a public or private way. 3. A material condition to every special permit issued with respect to any adult entertainment establishment and adult movie theater shall that such establishment or theater must cease its business operations between the hours of one a.m. and ten a.m. each day. 4. No adult entertainment establishment or adult motion picture theater may have visible from outside the establishment or theater any flashing lights. 5. No adult entertainment establishment or adult motion picture theater shall be eligible to apply for a special permit requesting a freestanding accessory sign. 6. Each applicant for a special permit to operate an adult entertainment establishment of adult motion picture must provide on a plan submitted with its application adequate parking on the same lot said establishment or theater in the following ratio: one parking space for every 1.25 person allowed for the establishment's seating capacity. D. Special permit consideration for adult bookstores and adult video stores. A special permit may be granted for any adult bookstores or adult video stores (collectively said bookstores and video stores hereinafter referred to as "adult merchandise establishments") if each of the following conditions are fully satisfied: 1. Adult merchandise establishments may not be located less than one thousand feet from the nearest lot line of: each other; public or private nursery schools;
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.