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Property profile & analytics
OFF-MARKET Estimated value $870,000
Retail space

614 Winthrop Ave Revere, MA 02151

4,855 SF 0.32 ac lot Built 1949
Individually Owned 31-yr Hold ~ Est. High Equity
Property ID
US38-0924557
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction FRAME
Total area 4,855 SF
Lot 0.32 ac (14,026 SF)
Zoning code NB
APN REVE M:3 B:76 L:2B
UPID US38-0924557
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
$870k
Owner & transaction history
Winthrop Stores RT · 31 yrs held
Winthrop Stores RT
since 1995
1 recorded transaction
1995
$265,000
Zoning & alternative use
NB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In residential districts RA, RA1, RB, RB1, RC, RC1, RC2 and RC3 and neighborhood business district NB, and commercial districts GB and CB, no accessory structure shall be used for the commercial storage of hazardous materials, as defined by the building inspector, or flammable and/or toxic materials. 2. In all instances, in all zoning districts, accessory st…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 32.46 ac
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