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Property profile & analytics
OFF-MARKET
Retail space
647-649 Hancock St, Quincy, MA 02170
Entity Owned
11-yr Hold
Free & Clear
Property ID
US38-1128786
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1900
Construction
FRAME
Total area
1,497 SF
Lot
0.09 ac (4,107 SF)
Zoning code
BUSC
APN
QUIN M:5093B B:25 L:A
UPID
US38-1128786
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
by Request
Owner & transaction history
Mkj Li LLC · 11 yrs held
Mkj Li LLC
since 2014
6 recorded transactions
Zoning & alternative use
BUSC · Quincy, 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 Quincy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Quincy 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
$11,851
Tax year 2024
Assessed value
$527,900
Assessed 2024
Previous assessed
$527,900
+0.0% YoY
Effective rate
2.24%
On assessed value
Assessed land
$311,300
Assessed improvement
$216,600
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
1
Units
2
Rooms
2
Bathrooms
2
Total area
1,497 SF
Lot
0.09 ac (4,107 SF)
Zoning code
BUSC
APN
QUIN M:5093B B:25 L:A
UPID
US38-1128786
Jurisdiction
QUINCY
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
BUSC · Quincy, MA
Zoning BUSC · permitted uses
BUSC · Quincy, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Quincy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Construction
FRAME
Heating
FORCED AIR
Stories
1
Buildings
1
Units
2
Rooms
2
Bathrooms
2
Lot
0.09 ac
Current owner
From public records · entity-resolved
Mkj Li LLC
Entity
Free & Clear · 11 yrs held
Mailing address
40 HALLEN AVE, MILTON, MA 02186-4427
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 28, 2016
—
Mkj 2 LLC
—
Deed
related
$264,000 · Cathay Bank
Jul 21, 2014
$500,000
Mkj Li LLC
Xyz RT
Quit Claim Deed
—
Jul 26, 2012
—
Xiao Z Yu
—
Deed Of Trust
related
$520,000 · East Boston Savings Bank
Mar 30, 2012
$367,000
Xyz RT
Murphy,lisa-marie
Grant Deed
—
Mar 30, 2012
$1
Lisa-marie Murphy
Keene Ft
Grant Deed
related
—
Aug 3, 1995
$165,000
Lisa Marie Murphy
Keene,donald R
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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