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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Retail space
691 Broadway, Revere, MA 02151-2308
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US38-1831929
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1925
Construction
FRAME
Total area
3,047 SF
Lot
0.16 ac (7,100 SF)
Zoning code
GB
APN
REVE M:17 B:272 L:4
UPID
US38-1831929
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
$605k
Owner & transaction history
A & Amale Karageh Ret · 1 yrs held
A & Amale Karageh Ret
since 2024
7 recorded transactions
Zoning & alternative use
GB · Revere, 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 Revere submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Revere 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
$199 / 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
$13,653
Tax year 2024
Assessed value
$754,300
Assessed 2024
Previous assessed
$754,300
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$405,900
Assessed improvement
$348,400
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
1925
Construction
FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
1
Units
1
Bathrooms
2
Total area
3,047 SF
Lot
0.16 ac (7,100 SF)
Zoning code
GB
APN
REVE M:17 B:272 L:4
UPID
US38-1831929
Jurisdiction
REVERE
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
GB · Revere, MA
Zoning GB · permitted uses
GB · Revere, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Revere. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
1
Bathrooms
2
Lot
0.16 ac
Current owner
From public records · entity-resolved
A & Amale Karageh Ret
Individual
Mailing address
398 MALDEN ST, REVERE, MA 02151-1845
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 19, 2024
—
A & Amale Karageh Ret
Ahmad I Karageh
Quit Claim Deed
related
—
Dec 1, 2011
—
Ahmad I Karageh
—
Deed Of Trust
related
$480,000 · Boc RT
Jan 30, 2009
$650,000
Boc RT
Boc RT
Grant Deed
$550,000 · Zenon Grzybowski
Jan 30, 2009
—
Boc RT
—
Deed Of Trust
related
$100,000 · Ahmed I Karageh
Sep 17, 2003
—
Boc RT
—
Deed Of Trust
related
$100,000 · Salem Five Cents Savings Bank
Jul 31, 2000
—
Boc RT
—
Deed Of Trust
related
$100,000 · Salem Five Cents Savings Bank
Jul 8, 1999
—
Boc RT
—
Deed Of Trust
related
$760,000 · Salem Five Cents Savings Bank
Aug 8, 1997
—
Boc RT
—
Deed Of Trust
related
$260,000 · Salem Five Cents Savings Bank
Feb 27, 1992
—
Boc RT
—
Deed Of Trust
related
$114,000 · Salem Five Cents Savings Bank
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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