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Property profile & analytics
OFF-MARKET
Commercial real estate
639 Broadway, Malden, MA 02148-2041
Entity Owned
9-yr Hold
Free & Clear
Property ID
US38-1143870
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Lot
0.44 ac (19,332 SF)
Zoning code
HB
APN
MALD M:183 B:573 L:355
UPID
US38-1143870
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
-
Blue Sky Automotive Auto Repair Shop
-
Top Cash for Junk Cars MA Auto Repair Shop Auto Parts Store
-
Giannelli Management, Development & R.E. Services Construction Company
-
Paul Giannelli, Giannelli Management & Development, Corp. Real Estate Agency
-
FedEx Drop Box Postal Service Courier Service
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
Giannelli Properties LLC · 9 yrs held
Giannelli Properties LLC
since 2017
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 2020Property tax & assessments
Tax year 2020
Tax billed
$18,411
Tax year 2020
Assessed value
$1,171,200
Assessed 2024
Previous assessed
$1,171,200
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$602,200
Assessed improvement
$569,000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Heating
NONE
Cooling
YES
Buildings
2
Units
4
Lot
0.44 ac (19,332 SF)
Zoning code
HB
APN
MALD M:183 B:573 L:355
UPID
US38-1143870
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
Heating
NONE
Cooling
Yes
Buildings
2
Units
4
Lot
0.44 ac
Current owner
From public records · entity-resolved
Giannelli Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
639 BROADWAY, MALDEN, MA 02148-2041
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2020
—
Giannelli Properties LLC
—
Deed
related
$332,000 · East Boston Savings Bank
Nov 15, 2017
—
Giannelli Properties L
—
Deed
related
$125,000 · East Boston Savings Bank
Jun 26, 2017
—
Giannelli Properties LLC
Capa Trust
Quit Claim Deed
related
—
Jun 21, 2013
—
Capa RT
—
Deed Of Trust
related
$350,000 · East Boston Savings Bank
Dec 31, 1993
$500,000
Capa RT
Mugaherini RT
Grant Deed
$300,000 · Gary Needham
Dec 30, 1993
$500,000
Capa RT
Mugherine RT
Grant Deed
$300,000 · Gary Needham
May 10, 1993
—
Mugherini RT
—
Deed Of Trust
related
$300,000 · Gary Needham
Oct 14, 1988
—
Mugherini RT
—
Deed Of Trust
related
$500,000 · Baybank Middlesex
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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