Financial
Distress signals
Property profile

721 American Legion Hwy Boston, MA 02131

FOR LEASE
Super regional malls
Property ID
US38-0784908
5,543 SF 0.23 ac lot Built 1930
Individually Owned Owner of record is an individual. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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721 American Legion Hwy, Boston, MA 02131 For Lease
$5,000/Mo 2,500 SF available
721 American Legion Hwy, Boston, MA 02131
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Property summary

AI-generated overview

Built in 2000, the property is a 2,500-square-foot flex space with a warehouse-style layout. It is zoned Comm and includes on-site parking. The building has frontage along American Legion Highway, providing direct street visibility. Its open configuration is suited to a range of commercial uses, including retail, studio, fitness, showroom, and other creative applications.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2024

What does the county charge?
$16k
Tax billed · 2024
Assessed value$635k
Assessed land$477k
Assessed improvement$158k
Effective rate2.53%

Value estimate

· Sep 2026
$340k
$306k – $374k
Sales comparison$1.17M
NOI build-up
Gross scheduled income$40k
Vacancy & credit loss−$3k
Operating expenses−$11k
NOI · 526.22% cap applied$26k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$330/SF
Submarket average, outlier-cleaned · 51 recorded sales of this use type
Observed band · Q1–Q3$162 – $473

Cap rate analysis

How does the asset earn?
526.22%
$26k 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?
C
JurisdictionBOSTON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency32.0
Law Firm24.8
Skin Care Clinic15.9

Location

721 American Legion Hwy Boston, MA 02131
County assessor Recorded deeds · not on file Comp sales · not on file 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 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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