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Property profile & analytics
OFF-MARKET
Estimated value
$6,700,000
Industrial properties
7 Mckay Ave, Winchester, MA 01890-1600
Entity Owned
5-yr Hold
Free & Clear
Property ID
US38-0842066
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Construction
STEEL FRAME
Total area
46,313 SF
Lot
2.38 ac (103,573 SF)
Zoning code
IL
APN
WINC M:013 B:0326 L:0
UPID
US38-0842066
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
Current use
Occupant on record · Public records
-
Human Resources Employment Agency Business Service Center
-
Gentle Giant Moving Company Moving Company Storage Facility
-
EcoShield Pest Solutions Garden Center
-
John Edward Airey Rubbish Recycling Center Waste Management Facility
-
Patient Financial Services Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.79M
CAP Approach
CAP
$7.58M
Comparable Approach
Comparable
$9.29M
Blend (final)
Blend
$6.70M
Owner & transaction history
Jek Realty LLC · 5 yrs held
Jek Realty LLC
since 2020
Last sale
$6.2M
6 recorded transactions
Zoning & alternative use
IL · Winchester, MA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$10.7M
+50.1%
Office building
$10.1M
+42.6%
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 Winchester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Winchester 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
$6,730,000
ML approach
$6,790,000
CAP Approach
CAP Return
Estimation
6%
$8,210,000
6.5%
$7,580,000
7%
$7,040,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$7,110,000
Current use
APARTMENT HOUSE (5+ UNITS)
$10,670,000
Change: +50% · Conversion: Difficult
OFFICE BUILDING
$10,135,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$6.70M
Range $6.03M – $7.37M · ±10% · vs last sale $6.20M (Aug 17 2020)
Last sale anchor
$6.20M
Aug 17 2020
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
$145 / 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
$71,850
Tax year 2024
Assessed value
$6,646,600
Assessed 2024
Previous assessed
$6,646,600
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$2,320,200
Assessed improvement
$4,326,400
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
YES
Buildings
1
Stories
2
Units
6
Bathrooms
16
Total area
46,313 SF
Lot
2.38 ac (103,573 SF)
Zoning code
IL
APN
WINC M:013 B:0326 L:0
UPID
US38-0842066
Jurisdiction
WINCHESTER
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
IL · Winchester, MA
Zoning IL · permitted uses
IL · Winchester, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Winchester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$7.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$10.7M
OFFICE BUILDING
Est. value
$10.1M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1986
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
1
Units
6
Bathrooms
16
Lot
2.38 ac
Current owner
From public records · entity-resolved
Jek Realty LLC
Entity
Free & Clear · 5 yrs held
Mailing address
29 HARDING ST, SOMERVILLE, MA 02143-4204
Ownership since
2020
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
Aug 17, 2020
—
Jek Realty LLC
7 Mckay Ave LLC
Quit Claim Deed
related
—
Sep 16, 2019
$6,200,000
7 Mckay Ave LLC
Parkview
Quit Claim Deed
$2,288,308 · Cambridge Tr
Sep 27, 1993
—
Parkview RT
—
Deed Of Trust
related
$900,000 · Salem Five Cents Savings Bank
Apr 28, 1993
$1,200,000
Parkview RT
Mckay Ave Assoc RT
Grant Deed
—
May 4, 1989
—
Ave Assoc RT Mckay
—
Deed Of Trust
related
$3,700,000 · Manufacturers Hanover Fin'l Sv
Nov 30, 1988
—
Ave Asc RT Mckay
—
Deed Of Trust
related
$300,000 · Shawmut Bank Of Boston
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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