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Property profile & analytics
OFF-MARKET
Estimated value
$3,870,000
Auto shops
69 Middle St, South Boston, MA 02127
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US38-0798147
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1920
Construction
BRICK
Total area
2,650 SF
Lot
0.03 ac (1,373 SF)
Zoning code
C
APN
SBOS W:07 P:00234 S:000
UPID
US38-0798147
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
$3.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.87M
Owner & transaction history
Wa Vlg Phase 2 Prop Owner · 3 yrs held
Wa Vlg Phase 2 Prop Owner
since 2022
Last sale
$4.2M
7 recorded transactions
Zoning & alternative use
C · South Boston, 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 South Boston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs South Boston 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
$3,605,000
ML approach
$3,580,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.87M
Range $3.48M – $4.26M · ±10% · vs last sale $4.15M (Dec 21 2022)
Last sale anchor
$4.15M
Dec 21 2022
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
$1,460 / 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
Tax billed
$7,533
Tax year 2024
Assessed value
$298,100
Assessed 2024
Previous assessed
$308,700
-3.4% YoY
Effective rate
2.53%
On assessed value
Assessed land
$104,200
Assessed improvement
$193,900
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1920
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Units
1
Total area
2,650 SF
Lot
0.03 ac (1,373 SF)
Zoning code
C
APN
SBOS W:07 P:00234 S:000
UPID
US38-0798147
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · South Boston, MA
Zoning C · permitted uses
C · South Boston, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
South Boston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Units
1
Lot
0.03 ac
Current owner
From public records · entity-resolved
Wa Vlg Phase 2 Prop Owner
Individual
Mailing address
136 BROOKLINE AVE, BOSTON, MA 02215-3907
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 21, 2022
$4,150,000
Wa Vlg Phase 2 Prop Owner
480 Smiley LLC
Foreclosure
related
—
Sep 12, 2019
—
480 Smiley LLC
—
Deed
related
$1,925,000 · Harborone Bank
Jun 25, 2015
$700,000
Salvador Kery
480 Realty Trust
Quit Claim Deed
related
$700,000 · Covewood LLC
Jun 25, 2015
$800,000
480 Smiley LLC
Kery Salvador
Quit Claim Deed
related
$700,000 · Covewood LLC
Jan 26, 2011
$1
Robert S Alexander
480 RT
Grant Deed
—
Apr 9, 2001
$330,000
R T 480
Williams,robert J
Grant Deed
—
—
—
480 Smiley LLC
—
Deed Of Trust
related
$700,000 · Workers Cu
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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