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Property profile & analytics
OFF-MARKET
Estimated value
$14,300,000
Retail space
622 Washington St Weymouth, MA 02188-3442
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-1228324
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1987
Construction
STEEL FRAME
Total area
103,927 SF
Lot
9.48 ac (412,949 SF)
Zoning code
100
APN
WEYM M:29 B:330 L:005
UPID
US38-1228324
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
-
BJ's Wholesale Club Big Box & Wholesale Store Grocery & Convenience Store
-
BJ's Optical Ophthalmologist (Bike/Boat/Book/etc) Store
-
BJ's Bakery Bakery Specialty Food Shop
-
AT&T Store Mobile Phone Store Electronics & Wireless Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.69M
Blend (final)
Blend
$14.30M
Owner & transaction history
Agree Central LLC · 1 yrs held
Agree Central LLC
since 2025
Last sale
$15.2M
5 recorded transactions
Zoning & alternative use
100 · Weymouth, 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 Weymouth submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Weymouth 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
$18,410,000
ML approach
$10,305,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$14.30M
Range $12.87M – $15.73M · ±10% · vs last sale $15.20M (Apr 1 2025)
Last sale anchor
$15.20M
Apr 1 2025
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
$138 / 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
$181,070
Tax year 2024
Assessed value
$11,129,100
Assessed 2024
Previous assessed
$10,703,600
+4.0% YoY
Effective rate
1.63%
On assessed value
Assessed land
$2,997,500
Assessed improvement
$8,131,600
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Total area
103,927 SF
Lot
9.48 ac (412,949 SF)
Zoning code
100
APN
WEYM M:29 B:330 L:005
UPID
US38-1228324
Jurisdiction
WEYMOUTH
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
100 · Weymouth, MAZoning 100 · permitted uses
100 · Weymouth, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Lot
9.48 ac
Current owner
From public records · entity-resolved
Agree Central LLC
Entity
Mailing address
25 RESEARCH DR, WESTBOROUGH, MA 01581-3680
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2025
$15,200,000
Agree Central LLC
Des Moines 81 Assoc LP
Warranty Deed
—
Sep 28, 2021
—
Des Moines 81 Assoc LP
—
Deed
related
$8,000,000 · Hingham Institution For Savings
Sep 21, 2006
—
Moines 81 Assoc LP Des
—
Deed Of Trust
related
$9,600,000 · Not Available Not Available
Apr 8, 1998
—
Desmoines 81 Assocs
—
Deed Of Trust
related
$4,872,134 · Sun Life Assurance Co
Nov 16, 1988
$7,050,000
Moines 81 Assocs Des
Weymouth S C Assocs
Grant Deed
$5,000,000 · Sun Life Assurance 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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