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Property profile & analytics
OFF-MARKET
Estimated value
$9,020,000
Auto shops
60 Gerard St Roxbury, MA 02119-2963
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US38-1495316
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1985
Construction
BRICK
Total area
7,000 SF
Lot
0.81 ac (35,441 SF)
Zoning code
C
APN
ROXB W:08 P:01013 S:010
UPID
US38-1495316
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
Current use
Occupant on record · Public records
-
JDC Demolition Company Inc. Construction Company General Contractor
-
J Derenzo Co Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.27M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.02M
Owner & transaction history
Nstar Electric Co · 2 yrs held
Nstar Electric Co
since 2023
Last sale
$8.8M
7 recorded transactions
Zoning & alternative use
C · Roxbury, 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 Roxbury submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Roxbury 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
Method
Estimation
Statistic approach
$9,200,000
ML approach
$9,270,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.02M
Range $8.12M – $9.92M · ±10% · vs last sale $8.80M (Dec 1 2023)
Last sale anchor
$8.80M
Dec 1 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$1,289 / SF
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
$26,705
Tax year 2024
Assessed value
$1,056,800
Assessed 2024
Previous assessed
$1,056,800
+0.0% YoY
Effective rate
2.53%
On assessed value
Assessed land
$357,400
Assessed improvement
$699,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1985
Construction
BRICK
Heating
NONE
Buildings
1
Stories
2
Units
1
Total area
7,000 SF
Lot
0.81 ac (35,441 SF)
Zoning code
C
APN
ROXB W:08 P:01013 S:010
UPID
US38-1495316
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Roxbury, MA
Zoning C · permitted uses
C · Roxbury, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Roxbury. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
BRICK
Heating
NONE
Stories
2
Buildings
1
Units
1
Lot
0.81 ac
Current owner
From public records · entity-resolved
Nstar Electric Co
Entity
Mailing address
60 GERARD ST, ROXBURY, MA 02119-2963
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 1, 2023
$8,800,000
Nstar Electric Co
Bam Gerard LLC
Quit Claim Arm's Length For Ne States
—
Apr 23, 2020
$4,500,000
Bam Gerard LLC
60 Gerard Street LLC
Quit Claim Deed
—
Oct 29, 2010
—
60 Gerard St LLC
—
Deed Of Trust
related
$305,000 · Rockland Trust Co
Jan 31, 2005
$1
Gerard Street LLC 60
H&l RT
Grant Deed
—
Jan 31, 2005
—
Gerard Street LLC 354
—
Grant Deed
related
$1,200,000 · Fleet National Bank
Jun 17, 2004
$1,500,000
David T Howe
School RT
Grant Deed
—
Apr 29, 2004
—
School St RT
—
Deed Of Trust
related
$138,000 · Asj Associates LLC
Jun 14, 2001
—
School RT
—
Deed Of Trust
related
$180,000 · Eugene Gurvits Tr
Dec 28, 1999
—
Barjan Realty Company
—
Deed Of Trust
related
$2,200,000 · Gary Needham
Jan 14, 1999
—
School RT
—
Deed Of Trust
related
$480,000 · Cjc LLC
Oct 30, 1987
—
Oliver D Fernandez JR.
—
Deed Of Trust
related
$262,900 · Fidelity Guarantee Mortgage Co
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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