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Property profile & analytics
FOR LEASE
Industrial properties
730 Eastern Ave, Malden, MA 02148
Entity Owned
17-yr Hold
~
Est. High Equity
Property ID
US38-0108465
For Lease
1 / 2
$13,940,000
730 Eastern Ave, Malden, MA 02148
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
1920
Construction
STEEL FRAME
Total area
108,122 SF
Lot
2.4 ac (104,418 SF)
Zoning code
I1
APN
MALD M:128 B:432 L:202
UPID
US38-0108465
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
-
Lucy Gabor, MSW Counselor
-
Antique Auctions Home Decor Store Furniture & Home Goods
-
SUM Studios Recording Studio
-
Barbara Pettinicchio Foster Care Service Social Service Agency
-
Reesha Prince Foster Care Service Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.94M
Owner & transaction history
Eastern Industrial LLC · 17 yrs held
Eastern Industrial LLC
since 2009
7 recorded transactions
Zoning & alternative use
I1 · Malden, 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 Malden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Malden 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
$129 / 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 2019Property tax & assessments
Tax year 2019
Tax billed
$98,433
Tax year 2019
Assessed value
$7,309,400
Assessed 2024
Previous assessed
$7,309,400
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$2,558,200
Assessed improvement
$4,751,200
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
For Lease
Year built
1920
Construction
STEEL FRAME
Heating
SPACE
Buildings
1
Stories
2
Units
1
Bathrooms
5
Total area
108,122 SF
Lot
2.4 ac (104,418 SF)
Zoning code
I1
APN
MALD M:128 B:432 L:202
UPID
US38-0108465
Jurisdiction
MALDEN
Metro division
CAMBRIDGE-NEWTON-FRAMINGHAM, MA METROPOLITAN DIVISION
Zoning & alternative use
I1 · Malden, MA
Zoning I1 · permitted uses
I1 · Malden, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Malden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
STEEL FRAME
Heating
SPACE
Stories
2
Buildings
1
Units
1
Bathrooms
5
Lot
2.4 ac
Current owner
From public records · entity-resolved
Eastern Industrial LLC
Entity
Mailing address
9 BROADWAY ST, WAKEFIELD, MA 01880-3210
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2024
—
Eastern Industrial Malden
—
Deed
related
$500,000 · Salem Five Cents Savings Bank
Nov 2, 2023
—
Easterm Industrial Malden
—
Deed
related
$300,000 · Salem Five Cents Savings Bank
May 26, 2021
—
Eastern Industrial Malden
—
Deed
related
$7,612,500 · Salem Five Cents Savings Bank
Oct 29, 2019
—
Eastern Ind Malden LLC
—
Deed
related
$1,185,000 · Salem Five Cents Savings Bank
Apr 18, 2014
—
Eastern Industrial Malden
—
Deed Of Trust
related
$250,000 · Mass Growth Cap Corp
Jul 10, 2012
—
Eastern Ind Malden LLC
—
Deed Of Trust
related
$250,000 · First Ipswich Bank
Mar 8, 2012
—
Eastern Industrial Malden
—
Deed Of Trust
related
$757,000 · First National Bank Ipswch
Sep 2, 2011
—
Eastern Industrial Malden
—
Deed Of Trust
related
$3,500,000 · First National Bank Ipswch
Jan 28, 2010
—
Eastern Industrial LLC
—
Deed Of Trust
related
$500,000 · East Boston Savings Bank
May 28, 2009
$2,450,000
Eastern Industrial LLC
730 Eastern Avenue LLC
Grant Deed
$2,550,000 · East Boston Savings Bank
Nov 13, 2003
$2,350,000
730 Eastern Avenue LLC
Galaxy Tire & Wheel INC
Grant Deed
$1,920,000 · Capitol Bank & Trust
Mar 22, 1999
—
Tire Galaxy
—
Deed Of Trust
related
$11,000,000 · Us Trust Middlesex
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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