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Property profile & analytics
OFF-MARKET Estimated value $710,000
Retail space

652 Winthrop Ave Revere, MA 02151-5546

3,778 SF 0.07 ac lot Built 1960
Trust Owned 10-yr Hold Free & Clear
Property ID
US38-0469048
Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1960
Construction CONCRETE
Total area 3,778 SF
Lot 0.07 ac (3,049 SF)
Zoning code NB
APN REVE M:3 B:29 L:1
UPID US38-0469048
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
$710k
Owner & transaction history
652 Winthrop Avenue Trust · 10 yrs held
652 Winthrop Avenue Trust
since 2016
3 recorded transactions
2016
Price N/A
1994
Price N/A
1991
$200,000
Zoning & alternative use
NB · Revere, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

In residential districts RA, RA1, RB, RB1, RC, RC1, RC2 and RC3 and neighborhood business district NB, and commercial districts GB and CB, no accessory structure shall be used for the commercial storage of hazardous materials, as defined by the building inspector, or flammable and/or toxic materials. 2. In all instances, in all zoning districts, accessory st…

Zone name Neighborhood Business
General category COMMERCIAL
Zone area 32.46 ac
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