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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Investment properties
679-681 Western Ave, Lynn, MA 01905
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US38-0153634
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1870
Construction
FRAME
Total area
8,569 SF
Lot
0.41 ac (17,662 SF)
Zoning code
BD
APN
LYNN M:053 B:263 L:031
UPID
US38-0153634
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
$1.16M
Owner & transaction history
Fwc Western LLC · 1 yrs held
Fwc Western LLC
since 2025
Last sale
$1.5M
7 recorded transactions
Zoning & alternative use
BD · Lynn, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.9M
+124.5%
Office building
$1.8M
+111.7%
Industrial (general)
$1.4M
+66.1%
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 Lynn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynn 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$845,000
Current use
RETAIL STORES
$1,895,000
Change: +124% · Conversion: Easy
OFFICE BUILDING
$1,790,000
Change: +112% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,405,000
Change: +66% · Conversion: Moderate
WAREHOUSE, STORAGE
$1,205,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±10% · vs last sale $1.53M (Oct 7 2024)
Last sale anchor
$1.53M
Oct 7 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$135 / SF
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
Assessed value
$1,086,100
Assessed 2024
Previous assessed
$1,086,100
+0.0% YoY
Assessed land
$569,200
Assessed improvement
$516,900
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1870
Construction
FRAME
Heating
FORCED AIR
Buildings
1
Stories
3
Units
8
Rooms
8
Bathrooms
6
Total area
8,569 SF
Lot
0.41 ac (17,662 SF)
Zoning code
BD
APN
LYNN M:053 B:263 L:031
UPID
US38-0153634
Jurisdiction
LYNN
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
BD · Lynn, MA
Zoning BD · permitted uses
BD · Lynn, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lynn. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$845,000
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING
Est. value
$1.8M
INDUSTRIAL (GENERAL)
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
RETAIL STORES
OFFICE BUILDING
INDUSTRIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1870
Construction
FRAME
Heating
FORCED AIR
Stories
3
Buildings
1
Units
8
Rooms
8
Bathrooms
6
Lot
0.41 ac
Current owner
From public records · entity-resolved
Fwc Western LLC
Entity
Mailing address
PO BOX 264, SWAMPSCOTT, MA 01907-0464
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 7, 2025
$1,525,000
Fwc Western LLC
679 Western Avenue LLC
Deed
$1,143,750 · East Cambridge Savings Bank
Jun 21, 2018
—
679 Western Avenue LLC
—
Deed
related
$545,000 · North Shore Bank
Apr 4, 2013
$615,000
679 Western Avenue LLC
Jdc Props LLC
Quit Claim Arm's Length For Ne States
$200,000 · Saugusbank
Dec 2, 2011
$1
Jdc Properties LLC
Lightbody,charles
Grant Deed
—
Dec 2, 2011
—
Jdc Properties LLC
—
Deed Of Trust
related
$300,000 · Northeast Bank
Jul 14, 2011
$295,000
Charles Lightbody
Potter,david J
One Of Committee, Strict Foreclosure, Sheriff, Or Redemption Deeds
related
—
Aug 15, 2008
—
Jayda RT
—
Deed Of Trust
related
$280,000 · Carpenter Trust
Oct 7, 2005
—
Jayda RT
—
Deed Of Trust
related
$350,000 · Beverly Cooperative Bank
Jun 3, 2005
—
Jayda RT
—
Deed Of Trust
related
$445,000 · North Shore Bank
Jun 3, 2005
$1
Jayda RT
Potter,david J
Grant Deed
related
—
Jan 13, 1987
—
Brookvale-western RT
—
Deed Of Trust
related
$700,000 · 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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