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    Property profile & analytics

    675 Main St Melrose, MA 02176-3138

    • Specialty properties
    • 3,727 SF
    • 0.21 lot acres
    OFF-MARKET
    Value Estimation
    $1,100,000
    Last Sale
    Jul 26, 2024
    $1,100,000
    Location Intelligence
    Property ID
    US38-0988769
    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

    • Tierney Timothy A MD / Family Practice Physician
    • Main Street Family Practice / Family Practice Physician / Medical Clinic
    • Schreiber Eric S MD / Internist
    • Carl Danielson / Surgeon

    Property Details for 675 Main St

    Year built
    1927
    Construction
    FRAME
    Lot size
    0.21 lot acres
    Property size
    3,727 SF
    Zone code
    BD
    Property type
    Specialty properties
    APN
    MELR M:0D8 P:0000009
    APU
    MELRM0D8P0000009

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,100,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,095,000
      6.5%
      $1,045,000
      7%
      $1,145,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,030,000
      Geo Method
      $1,150,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $980,000
      Retail
      $1,050,000
      Mixed-Use
      $1,265,000
      Hospitality
      $1,350,000
      Educational
      $1,005,000
      Residential Income
      $1,085,000
      Energy
      $990,000
      Income-Based Land
      $1,175,000
      Food Service
      $1,275,000

    Location Insight

    • Map
    • Local Demand
    City
    Melrose
    County
    Middlesex
    State
    Massachusetts
    Longitude
    -71.0629
    Latitude
    42.4586
    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
    2022
    $16,761
    $556,800
    $493,100
    $1,049,900
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      15,979 SF

      75 Lk Ave

      CHARITABLE ORGANIZATION • 15,979 SF
      75 Lk Ave, Melrose, MA 02176-2701
      View Details
    • Value Estimation by Request
      412,801 SF

      585 Lebanon St

      CHARITABLE ORGANIZATION • 412,801 SF
      585 Lebanon St, Melrose, MA 02176-3225
      View Details
    • Value Estimation
      $815,000
      1,774 SF

      406 Main St, Unit 7

      CHARITABLE ORGANIZATION • 1,774 SF
      406 Main St, Melrose, MA 02176-3852
      View Details
    • Value Estimation by Request
      3,349 SF

      85 Wyoming Ave

      CHARITABLE ORGANIZATION • 3,349 SF
      85 Wyoming Ave, Melrose, MA 02176-3723
      View Details
    • Value Estimation by Request
      2,865 SF

      86 Sanford St

      CHARITABLE ORGANIZATION • 2,865 SF
      86 Sanford St, Melrose, MA 02176-3623
      View Details
    • Value Estimation by Request
      2,058 SF

      830 Main St Ste, Unit 2

      CHARITABLE ORGANIZATION • 2,058 SF
      830 Main St Ste, Melrose, MA 02176-2741
      View Details

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      Veterinary Clinic Investment Opportunity

      Fully leased veterinary clinic in Melrose through 2040.
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    • $949,900

      Melrose Mixed-Use Investment Opportunity

      2,288 SF 3-unit building in thriving Melrose Market.
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    Similar Nearby for Lease

    • $2,899 /Mo

      Downtown Melrose Retail Space Available

      1,800 SF lower level retail space for lease.
      429 R Main, Melrose, MA 02176
      View Details
    • $24 SF/Yr
      1,150 SF

      Melrose Office Condo For Rent

      Well-maintained 1,150 SF office condo in desirable Melrose complex.
      50 Tremont St, Melrose, MA 02176
      View Details
    • $850 /Mo

      Downtown Melrose Office Space Available

      Single office space with natural light in downtown Melrose.
      441 Main St, Melrose, MA 02176
      View Details
    • $3,000 /Mo

      Melrose Highlands Versatile Commercial Space

      1,900+ SF commercial space suitable for medical, office, or retail.
      403 Franklin St, Melrose, MA 02176
      View Details
    • $60 SF/Yr

      Melrose Retail Space For Lease

      New construction retail and restaurant spaces in mixed-use building.
      681-697 Main St, Melrose, MA 02176
      View Details

    Property Visit Statistics

    • Visits by month
      12.8k
    • Visitors by month
      7.1k
    • Avg Time on site
      8 min
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    675 Main St
    Melrose, MA 02176-3138
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    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
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