Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,520,000
Commercial real estate
7 Kimball Ln Lynnfield, MA 01940-2617
Entity Owned
22-yr Hold
~
Est. High Equity
Property ID
US38-0844996
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1983
Construction
FRAME
Total area
28,839 SF
Lot
3.33 ac (145,055 SF)
Zoning code
C
APN
LYNF M:0054 B:0000 L:0195
UPID
US38-0844996
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
$1.52M
Owner & transaction history
Kernwood Off Park LLC · 22 yrs held
Kernwood Off Park LLC
since 2004
6 recorded transactions
Zoning & alternative use
C · Lynnfield, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
e process wastewater on-site. 14. Stocking and disposal of snow and ice containing deicing chemicals if brought in from outside the district. 15. Storage of commercial fertilizer and soil conditioners, as defined in MGL c. 128, § 64 , unless such storage is within a structure designated to prevent the generation and escape of contaminated runoff or leachate.…
Zone name
Commercial
General category
COMMERCIAL
Zone area
63.52 ac
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 Lynnfield submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lynnfield 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
$53 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$58,466
Tax year 2021
Assessed value
$3,299,200
Assessed 2024
Previous assessed
$3,050,600
+8.1% YoY
Effective rate
1.77%
On assessed value
Assessed land
$1,884,800
Assessed improvement
$1,414,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1983
Construction
FRAME
Heating
ELECTRIC
Cooling
YES
Buildings
2
Stories
2
Units
19
Total area
28,839 SF
Lot
3.33 ac (145,055 SF)
Zoning code
C
APN
LYNF M:0054 B:0000 L:0195
UPID
US38-0844996
Jurisdiction
LYNNFIELD
Metro division
ESSEX COUNTY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Lynnfield, MAZoning C · permitted uses
C · Lynnfield, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
e process wastewater on-site. 14. Stocking and disposal of snow and ice containing deicing chemicals if brought in from outside the district. 15. Storage of commercial fertilizer and soil conditioners, as defined in MGL c. 128, § 64 , unless such storage is within a structure designated to prevent the generation and escape of contaminated runoff or leachate. 16. The use of septic system cleaners which contain toxic or hazardous chemicals
Zone name
Commercial
General category
COMMERCIAL
Zone area
63.52 ac
Building & site characteristics
From public records
Year built
1983
Construction
FRAME
Heating
ELECTRIC
Cooling
Yes
Stories
2
Buildings
2
Units
19
Lot
3.33 ac
Current owner
From public records · entity-resolved
Kernwood Off Park LLC
Entity
Mailing address
1 BELLEVUE ST, SAUGUS, MA 01906-2223
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2021
—
Kernwood Office Pk LLC
—
Deed
related
$1,100,000 · East Boston Savings Bank
Mar 9, 2011
—
Kernwood Off Park LLC
—
Deed Of Trust
related
$2,300,000 · East Boston Savings Bank
Jan 7, 2004
$3,243,290
Kernwood Off Park LLC
Kimball RT
Grant Deed
$2,667,980 · East Boston Savings Bank
Apr 23, 1999
—
Kimball RT
—
Deed Of Trust
related
$1,300,000 · Fortis Insurance Co
Mar 13, 1996
—
Kimball RT
—
Deed Of Trust
related
$840,000 · Bankboston Development Co LLC
Feb 2, 1987
—
Pinewood RT
—
Deed Of Trust
related
$650,000 · Bank Five For Svgs
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7 Kimball Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
