New search
Property profile & analytics
OFF-MARKET
Auto shops
616 Broadway, Malden, MA 02148-2040
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0201080
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1996
Construction
STEEL FRAME
Total area
2,500 SF
Lot
0.29 ac (12,519 SF)
Zoning code
HB
APN
MALD M:160 B:625 L:501
UPID
US38-0201080
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
-
Smart Buy USA - Malden Big Box & Wholesale Store
-
Scoot Scoot New England Motorcycle Shop
-
Eddie The Elf Christmas Stand Christmas Tree Farm
-
Bay State Auto Gallery Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
616 Broadway Hld LLC · 1 yrs held
616 Broadway Hld LLC
since 2024
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
HB · Malden, 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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$15,284
Tax year 2024
Assessed value
$839,800
Assessed 2024
Previous assessed
$839,800
+0.0% YoY
Effective rate
1.82%
On assessed value
Assessed land
$517,400
Assessed improvement
$322,400
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
1996
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
2,500 SF
Lot
0.29 ac (12,519 SF)
Zoning code
HB
APN
MALD M:160 B:625 L:501
UPID
US38-0201080
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
HB · Malden, MA
Zoning HB · permitted uses
HB · Malden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
616 Broadway Hld LLC
Entity
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$1,600,000
616 Broadway Hld LLC
Amc Properties LLC
Deed
$1,200,000 · Citizens Bank
Jun 11, 2024
—
Amc Properties LLC
Malden City Of
Redemption Deed
related
—
Aug 3, 2020
—
Amc Props LLC
—
Deed
related
$1,350,000 · Lee Wade
Jun 5, 2018
—
616 Broadway LLC
—
Deed
related
$368,169 · Alba RT
Dec 11, 2009
$620,000
616 Broadway LLC
B&n Realty INC
Land Court
$495,000 · Flagship Bk Tr Co
Feb 22, 2008
—
B&n Realty INC
—
Deed Of Trust
related
$600,000 · Century Bank & Trust Co
Jan 16, 2004
$450,000
B&n Realty INC
616 Broadway Nt
Grant Deed
—
—
—
Amc Props LLC
—
Deed Of Trust
related
$1,350,000 · Lee Wade
—
—
616 Broadway LLC
—
Deed Of Trust
related
$368,169 · Alba RT
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 616 Broadway?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
