Technical
Financial
Distress signals
Property profile

605th Broadway Malden, MA 02148

OFF-MARKET
Office buildings
Property ID
US38-0977560
5,100 SF 0.23 ac lot Built 1987
Entity Owned 5-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction STEEL FRAME
Total area 5,100 SF
Lot 0.23 ac (10,163 SF)
Zoning code HB
APN MALD M:183 B:572 L:204
UPID US38-0977560

Cap rate & NOI

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

Location

605th Broadway Malden, MA 02148-2039
Malden metro Census 341903 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.83M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.70M

Owner & transaction history

since 2020
Last sale
$1.6M
3 recorded transactions
2020
$1.6M
2002
Price N/A
1987
Price N/A

Zoning & alternative use

HB · Malden, MA
Top alternative use upside
Restaurant $1.5M +32.6%
Auto repair, garage $1.4M +28.6%
Neighborhood: shopping center $1.4M +26.6%

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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