Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    645 2nd St South Boston, MA 02127-3657

    • Investment properties
    • 4,140 SF
    • 0.06 lot acres
    OFF-MARKET
    Value Estimation
    $2,285,000
    Last Sale
    Jun 28, 2021
    $2,200,000
    Location Intelligence
    Property ID
    US38-1222918
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 645 2nd St

    Year built
    1899
    Construction
    FRAME
    Lot size
    0.06 lot acres
    Property size
    4,140 SF
    Zone code
    RC
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    SBOS W:06 P:03452 S:000
    APU
    SBOSW06P03452S000

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,270,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,350,000
      6.5%
      $2,340,000
      7%
      $2,155,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,485,000
      Geo Method
      $2,125,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,645,000
      Retail
      $2,390,000
      Mixed-Use
      $2,595,000
      Hospitality
      $2,300,000
      Educational
      $1,945,000
      Residential Income
      $1,935,000
      Energy
      $2,385,000
      Income-Based Land
      $2,570,000
      Food Service
      $1,920,000

    Location Insight

    • Map
    • Local Demand
    City
    South Boston
    County
    Suffolk
    State
    Massachusetts
    Longitude
    -71.0373
    Latitude
    42.3372
    CBSA code
    14460
    CBSA name
    BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $0.00
    $423,800
    $915,800
    $1,339,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3,432 SF

      493-493A Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,432 SF
      493-493A Broadway, South Boston, MA 02127
      View Details
    • Value Estimation by Request
      94,640 SF

      11-11E Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 94,640 SF
      11-11E Broadway, South Boston, MA 02127
      View Details
    • Value Estimation by Request
      2,646 SF

      733-735 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 2,646 SF
      733-735 Broadway, South Boston, MA 02127
      View Details
    • Value Estimation by Request
      5,424 SF

      564 Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 5,424 SF
      564 Broadway, South Boston, MA 02127-4483
      View Details
    • Value Estimation by Request
      3,942 SF

      479-479A Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 3,942 SF
      479-479A Broadway, South Boston, MA 02127
      View Details
    • Value Estimation by Request
      9,200 SF

      389-389A Broadway

      OFFICE/RESIDENTIAL (MIXED USE) • 9,200 SF
      389-389A Broadway, South Boston, MA 02127
      View Details

    Similar Nearby for Sale

    • $2,025,000
      Pending

      New Construction Multifamily in Boston

      Newly built three-unit multifamily property in a rapidly appreciating Boston neighborhood.
      80 Baxter St, Boston, MA 02127
      View Details
    • $825,000

      Retail Condo in New Development

      865 SF retail condo in South Boston for sale.
      267 Old Colony Ave, Boston, MA 02127
      View Details
    • Contact for pricing

      Land for Sale in Boston

      0.694 acres of land available in Boston, MA.
      23-25 Boston St, Boston, MA 02127
      View Details
    • $30,000,000

      South Boston Development Opportunity

      Development site in the heart of South Boston.
      147 West 4Th St, Boston, MA 02127
      View Details
    • $1,585,000

      Vacant Triplex in South Boston

      Three-unit brick building with modern finishes and strong rental potential.
      595 East 5Th St, Boston, MA 02127
      View Details
    • $1,699,999

      Renovated Multifamily Property with Modern Charm

      Renovated 3-unit property with modern kitchens and updated bathrooms.
      250 W 5Th St, Boston, MA 02127
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      45,672 SF

      Class A Brick & Beam Office

      Standalone office building with parking in the Seaport/South Boston area.
      69 A St, South Boston, MA 02127
      View Details
    • Contact for pricing
      875 SF

      Retail Space in South Boston

      Retail space available at Broadway and Dorchester St.
      477 West Broadway, Boston, MA 02127
      View Details
    • Contact for pricing
      25,000 SF

      South Boston Warehouse Space Available

      25,000 SF warehouse space for equipment, tools, and vehicles.
      184 W 1St St, South Boston, MA 02127
      View Details
    • $60 SF/Yr

      South Boston Retail/Cafe Space

      Prime retail space above the South Boston Broadway MBTA station.
      11 West Broadway R1, Boston, MA 02127
      View Details
    • Contact for pricing

      Manufacturing/Warehouse Near Andrews Square Station

      Manufacturing or distribution facility near public transportation and major highways.
      24-28 Damrell St, Boston, MA 02127
      View Details
    • $35 SF/Yr

      Manufacturing/Warehouse Building Near Andrews Square

      Single-story manufacturing/warehouse space with access to transportation.
      2 Alger St South Boston, Boston, MA 02127
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    645 2nd St
    South Boston, MA 02127-3657
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.