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Financial
Distress signals
Property profile

71 Bow St Somerville, MA 02143

FOR SALE
Other investment properties
Property ID
US38-1038740
30,891 SF 0.25 ac lot Built 2021
Last sale Jun 2019 · $3,000,000
Individually Owned Owner of record is an individual. 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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71 Bow St, Somerville, MA 02143 For Sale
$995,000 30,891 SF
71 Bow St, Somerville, MA 02143
View Listing

Property summary

AI-generated overview

The property is a newly constructed 1,715-square-foot ground-floor retail condominium within a modern five-story mixed-use development. It is located in the Union Square area with street frontage on a ground-level retail frontage and is configured in shell condition, providing a flexible interior layout suitable for a variety of retail or service uses. The site sits within the LOEN Residences component of the development, which totals 24 residential units across the building. The unit includes signage capability as part of the retail frontage.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2021

What does the county charge?
$17k
Tax billed · 2021
Assessed value · 2024$6.83M
Assessed land$1.87M
Assessed improvement$4.96M
Effective rate0.24%

Value estimate

· Oct 2026
$695k
$626k – $765k
NOI build-up
Gross scheduled income$38k
Vacancy & credit loss−$2k
Operating expenses−$11k
NOI · 2.48% cap applied$25k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$475/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$237 – $754
Qualifying comparables12

Cap rate analysis

How does the asset earn?
2.48%
$25k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CBD
JurisdictionSOMERVILLE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm44.5
Realty agency38.4
Nail Salon20.0

Location

71 Bow St Somerville, MA 02143
County assessor Recorded deeds · 6 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
33 Bow, Somerville, MA 02143-2937 $3,494,400 Nov 2024 25,749 SF
1 Beacon, Somerville, MA 02143-4377 $4,250,000 Jul 2024 6,812 SF
508 Somerville, Somerville, MA 02143-3359 $1,245,000 Jun 2024 7,472 SF
380 Somerville, Somerville, MA 02143-2952 $2,400,000 Dec 2023 9,282 SF
346 Somerville, Somerville, MA 02143-3085 $9,000,000 Oct 2020 66,207 SF
379 Somerville, Somerville, MA 02143-2914 $1,750,000 Jul 2020 14,935 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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