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Property profile & analytics
OFF-MARKET
Estimated value
$1,210,000
Super regional malls
761-765 Ctr St Jamaica Plain, MA 02130
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US38-0697095
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1910
Construction
BRICK
Total area
5,800 SF
Lot
0.18 ac (7,834 SF)
Zoning code
C
APN
JAMA W:19 P:01821 S:000
UPID
US38-0697095
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
$1.21M
Owner & transaction history
769 Centre Street LLC · 5 yrs held
769 Centre Street LLC
since 2020
7 recorded transactions
Zoning & alternative use
C · Jamaica Plain, 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 Jamaica Plain submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jamaica Plain 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,915,000
Current use
INDUSTRIAL (GENERAL)
$1,850,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.21M
Range $1.09M – $1.33M · ±10%
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
$209 / 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
$35,626
Tax year 2024
Assessed value
$1,409,800
Assessed 2024
Previous assessed
$1,418,900
-0.6% YoY
Effective rate
2.53%
On assessed value
Assessed land
$472,500
Assessed improvement
$937,300
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
Off-Market
Year built
1910
Construction
BRICK
Heating
NONE
Buildings
1
Stories
1
Units
3
Total area
5,800 SF
Lot
0.18 ac (7,834 SF)
Zoning code
C
APN
JAMA W:19 P:01821 S:000
UPID
US38-0697095
Jurisdiction
BOSTON
Metro division
BOSTON-QUINCY, MA METROPOLITAN DIVISION
Zoning & alternative use
C · Jamaica Plain, MAZoning C · permitted uses
C · Jamaica Plain, MA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.9M
INDUSTRIAL (GENERAL)
Est. value
$1.9M
NEIGHBORHOOD: SHOPPING CENTER Current
INDUSTRIAL (GENERAL)
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
1910
Construction
BRICK
Heating
NONE
Stories
1
Buildings
1
Units
3
Lot
0.18 ac
Current owner
From public records · entity-resolved
769 Centre Street LLC
Entity
Mailing address
15 GRIGGS RD, BROOKLINE, MA 02446-4782
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 4, 2023
—
769 Centre Street LLC
—
Deed
related
$750,000 · East Cambridge Savings Bank
Sep 30, 2021
—
769 Centre St LLC
—
Deed
related
$5,800,000 · East Cambridge Savings Bank
Sep 17, 2020
$5,725,000
769 Centre Street LLC
Centre Street T 769
Quit Claim Deed
related
$4,000,000 · Stone Mtg
Oct 7, 2016
—
769 Centre Street Trust
Grassa,eleonore
Quit Claim Deed
related
—
Sep 13, 2016
—
Eleonore Grassa
Eleonore Trust
Quit Claim Deed
related
—
Jan 21, 2004
—
Eleonore RT
—
Deed Of Trust
related
$100,000 · Sovereign Bank
Mar 1, 1994
—
Eleonore RT
—
Deed Of Trust
related
$250,000 · Quincy Savings Bank
—
—
Centre Street LLC 769
—
Deed Of Trust
related
$4,000,000 · Stone Mtg
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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